Hobart
Courtney Telega
One of her core strengths is providing end-to-end tax and accounting support to small-to-medium sized businesses with a high focus on driving profitability and value.
Buy a Financial Planning Business
Do you know what a fair value is for the business, or the payback period? Our Buy Side Advice process can help you understand what a fair purchase price is, how to frame your offer, and how to get it right from the beginning.
We help clients investigate and transact on buying financial planning businesses and client bases, managing expectations, pricing right and your payback period.
Why it's important to buy the right practice, the right way
With the increasing regulatory costs, scale is a major contributor to financial success in these businesses. As such, buying a client base or business, can build your own base faster, allowing you to derive strong profits, pay down debt and build a healthy asset. If you’re starting out, or already at 2m in revenue, it’s likely that more revenue, is going to contribute significantly more to your bottom line.
We’ve seen plenty of examples where a purchaser has overpaid for a client base and not done their due diligence, being left out of pocket. Other times, unrepresented buyers complain of not being taken seriously.
Our 8 step process for buying a practice
- Understand your existing business
- Understand your incremental profit and the value the planned acquisition brings
- Understand how much you can offer
- Document a terms sheet, including terms you require to make the deal work (e.g. handover periods, staff transitioning etc.)
- Assist with negotiations
- Inform lawyers
- Provide guidance about financing
- Support you through completion and execution
If you are thinking of growing through acquisition, and would like to ensure the get the right practice for the right price, please get in touch.
Testimonials
Why Choose Accru
Accru has been helping clients buy businesses since inception. Our experience is underpinned by:
- Our valuation expertise
- Our understanding of financial services transactions
- Our understanding of cashflows in the industry
- Our understanding of business risks
- Our understanding of relevant payback periods
- Our understanding of the ownership journey
- Success stories and horror stories of business valuations
Complimentary Discovery Call
A complimentary 20 min call to explore your goals and options, and put you on the right path to a successful outcome.
Accru Practice Acquisition Experts
Hobart
Fiona Ettles
Fiona is enthusiastic about informing and reassuring clients of their financial position, be it in regard to the value of their businesses, or their tax returns.
Hobart
Tim Lane
Tim specialises in helping clients plan for the future with a focus on maximising business value.
ABOUT US
Accru is an award-winning
network of Australian
accounting firms
OUR CLIENTS
Testimonials
“Accru Hobart has supported our business development, due diligence and governance responsibilities for over six years. Our ongoing relationship is a testament to their professionalism, ability to understand our needs and provide specialised, professional support at a competitive rate.”
About
Our People
Our people are naturally experts in their field. With a team of 200 across Australia, you’ll find a myriad of skills to help manage your business and financial challenges.
News
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About
Accru Hobart
Accru is an award-winning network of independently-owned accounting firms in Australia. We help businesses grow, thrive and generate wealth for their owners…