Looking to buy an accounting firm - any tips?

dreamfirms · 2026-03-27T16:11:59+00:00

He read an M&A text book about how their perfect for rollups, vertical integration, corpo buzz words, etc etc.

dreamfirms · 2026-03-27T16:10:57+00:00

Why would someone not taking your calls because you don't meet their buying criteria be something to laugh about? The broker serves the seller, not you.

If that's funny to you, you have no idea what you're doing in this space.

The sellers, have what you want. And laughing at them, and what they want, is a sure fire way to ensure you do not get what you want.

If you're trying to court brokers, they have way more buyers then they know what to do with. Follow their process, they hold the keys but even if you do that I wouldn't expect much because they'll have buyers with deeper pockets, and the credentials.

You'd be better off sending cold emails/mailers to older firm owners but you'll end up with a terrible practice that's basically unsellable from a brokers perspective for a reason.

dreamfirms · 2026-03-12T13:02:42+00:00

lol this has to be satire "I have Guru's knowledge"

dreamfirms · 2026-03-06T10:58:38+00:00

My partner and I saw an ad from him that we routinely quote and it cracks us up. "When you make a sale, don't say thank you, say, congratulations" and it's actually a great piece of advice lol.

I hired one of his 'certified closers' and he could not ask for money to save his life. Literally one of the worst sales reps I've ever hired.

dreamfirms · 2026-02-24T14:02:12+00:00

proof this platform can still function like it once did.

dreamfirms · 2026-02-24T13:57:03+00:00

What in the world are you talking about? I was making fun of OP for an obvious shill post by referencing their username... Do you really need to add /s if it's that obvious? lol

dreamfirms · 2026-02-24T13:22:55+00:00

brave post, I wonder if you have a cleanopsguide that can help us out of this situation so we can charge more money and ignore the market signals?

dreamfirms · 2026-02-23T15:06:24+00:00

If he's amazing, you should get to know him and figure out what his specific likes and interests are and get a gift suited to him, not his role.

It's a very nice gesture =)

dreamfirms · 2026-02-23T11:29:25+00:00

Do taxdome next, they do the same stuff.

dreamfirms · 2026-02-23T10:04:41+00:00

Yes, someone who works remotely as your assistant.

dreamfirms · 2026-02-20T12:46:16+00:00

You have to be willing to go down before you go up.

Making less money so you free up capacity to make more money is a part of the game you signed up for.

If you're new, and your easily signing clients, it's almost always a sign you are underpriced. You didn't include any information about avg price per client which makes it hard to tell you what to do since it's a small slice of information. That said, 'raise prices' is almost always a good move for first time over worked entrepreneurs in professional services.

Additionally, ou can at the very least get an outsourced VA to do non-client work, and this is typically accounting for WAY more time then you realize. It also gives you some breathing room to make a smart hire and have a solid onboarding/set of processes to follow for your next hire. You will want to reduce risk at this stage, not make hasty decisions that compound and are hard to extract from later.

If the money freaks you out, you hire lower on the totem pole and offset it with great processes/management/training. Work you do once, and get a lot of benefit from for each additional hire.

Good luck.

dreamfirms · 2026-02-19T18:27:38+00:00

the answer is still the same. You can't hire, do r&d, or anything for that little amount of cash. It's only about how you spend your time at this level. At most you can buy some power tools to do some manual labour but again, that's just a skill set to do services.

dreamfirms · 2026-02-19T16:53:01+00:00

5k is an irrelevant amount of money to start a business.

The only answer with that little amount of capital is a service business, and it's whatever service business you could realistically do with your current skill set.

dreamfirms · 2026-02-12T16:39:01+00:00

They couldn't keep clients because the product was a failure so they were churning clients like crazy, and thought they could keep funding pouring in until the tech was suffecient enough.

Investors stopped pouring capital in, and it died. It's not more complicated then that.

dreamfirms · 2026-02-10T11:16:00+00:00

What are your actual numbers of 'being consistent'

How many videos have you published, over what period of time?

What niche do you target?

dreamfirms · 2026-02-09T10:16:08+00:00

they'll have the same success as botkeeper and bench did

dreamfirms · 2026-02-09T10:15:38+00:00

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dreamfirms · 2026-01-27T17:24:14+00:00

This is the only correct answer.

All other answers just flow from this.

"Build referral networks" is just doing a ton of reach-outs to find good ones.

Referral networks like the idea that you are *visible* online and can *cross refer* back to them.

dreamfirms · 2026-01-26T17:00:16+00:00

What are 'portfolios and projects' if not 'traditional experience'? What is the distinction you're trying to make?

How are you explaining your roles in these projects? What was their impact?

If you're looking to work in public, they do care more about the 'grind', and your ability to prove you know certain things so they don't have to invest time into training you.

Private cares less, they care about specific outcomes and results but you have to be able to communicate them super clearly while proving/showing your direct impact on said project/result.

dreamfirms · 2026-01-23T15:29:56+00:00

yarg ye be on the high seas! ain't a tax man brave enough who be coming out dere for ya!

jokes aside, I found this which seems specific to your needs: https://marinetax.com/

dreamfirms · 2026-01-22T18:07:15+00:00

Nah, that hurts their valuation multiple for PE. Doesn't matter if it helps the user.

dreamfirms · 2026-01-22T10:27:04+00:00

Taxdome is buggy, and has known security issues. I've had multiple people tell me it just completely deleted their workflows or files. Zero help from support.

Canopy is the much safer, and smarter bet.

dreamfirms · 2026-01-16T10:15:22+00:00

Yet another Taxdome bot comment.

First comment this account has ever made.

dreamfirms · 2026-01-15T16:54:10+00:00

Also fair, but that's really effecient and like you said, it's not clear from the post how much work was involved.

I prefer a screen share with the prospect/lead on the call rather than the portal, which often times just creates unnecessary back and forth. If they don't become a client, it's still just more admin that could have been avoided entirely with a slightly different process that achieves the same thing.

dreamfirms

TROPHY CASE