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By making sure practices have saleable businesses – even if there is no immediate intention to sell – is the strongest insurance policy to make sure an organisation is financially healthy.
The dislocation in advice has led to more businesses being sold in the last five years than ever. What do purveyors on either side of the equation need to be aware of? Hear from a practitioner who sold their business and M&A experts on what every business owner needs to do about being prepared for succession.
Advice practices looking to value business for succession planning must get their valuation strategy right because solely relying on recurring revenue isn’t sufficient according to a business coach.
Accountant turns business coach after 29 years running Hobart practice. Former Accru national managing director Michael Burnett has been lured to specialist coaching company Slipstream after almost t