Buying a $4m Business (with 80% Recurring Revenue)
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It was only after Michael Young started an accounting practice that he found the much larger practice he would then buy.
How his father’s failed business influenced him
Being rejected by a search accelerator
Starting an accounting firm while searching
18 months of dead deals before acquisition
Role of luck in business success
Role of his wife
How accounting practices are valued and priced
Red flags to look for during diligence
Role of PASBA in shaping accounting practices
His advice for searchers looking at…
The skinny
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