|
I know it's tax season so I'll
keep this short. Not so long ago I quit my
accounting job to start my own firm. You know, live
the dream, be my own boss, make a small fortune and so on.
Unfortunately I quickly woke up from
the dream and figured out I did not know how to find
clients. I was nearly broke & days away from packing it in and
starting to look for a less than fulfilling public accounting
job (again).
At this point most CPAs would have
whipped out their checkbook for the newest How To Find
Clients seminar, course or book. I did the
OPPOSITE. I started BUYING other practices
around me rather than only trying to grow it organically,
one new client at a time.
Don't get me wrong. I
also advertised, tried the rainmaking bit, networked and added
clients the old fashioned way, one at a time. However over time I found that
organic growth takes lots of time and energy (and money).
So being impatient and frugal
plus not wanting to work 50-60 hours a
week for the rest of my career, I started tracking BOTH
approaches to find out what's the QUICKEST and most COST
EFFECTIVE way to find profitable clients and grow a
practice?
And I found the answer...
ACQUIRING Other Accounting
Practices Is Nearly
Equal
To Organically Adding Clients
One-at-a-Time!
(but only if you know exactly what
you're doing...)
Let's
face it. Being a rainmaker is hard work. I
was raised in the country. Was a wrestler in high school.
I'm a good talker for a country kid but adding clients
one-at-a-time can be just as hard as farm work or wrestling.
Luckily I learned by using the
inside secrets of efficiently acquiring other practices, BUYING practices lets you BYPASS
all the rainmaking, advertising, managing and detail work
you'd normally go through for YEARS to find high
quality clients!
And that's what I did by buying 10 other practices and building a $6 million
dollar (highly profitable) firm!
But let me warn you, blindly BUYING practices
is a
high risk transaction unless you know how to
avoid the pitfalls and mistakes
most accountants make when they buy another (or their first)
practice.
 That
is why I've put together this Free Report on the biggest
5 Pitfalls of Acquiring An Accounting or CPA Practice
that you can download, again at no cost. Just click on
this link and follow the instructions.
Look, there's nothing wrong with
building your practice the old fashioned way, one new client
at a time, week after week, month after month, year after
year. It's just that if you don't want to wait that
long and work that hard, there's an EASIER WAY to do it &
I'm happy to explain HOW in my Free Report. Take 1
minute and
download it to judge for yourself!
Regards, Troy C. Patton, CPA/ABV
BONUS: When you
download my Free 5 Pitfalls Report, I'll
automatically send you an
invitation to my next free tele-seminar on How to Grow
Your Practice. Acquiring other practices was only
HALF the secret to building my $6,000,000 firm. On my
next free tele-seminar (which are recorded so you can
download them later) I'm covering HOW I
generated TWICE the PROFIT out of my accounting clients
as the regular accountant does.

PS. In case you're wondering, I am
NOT a broker, not affiliated with any brokers, etc. But
accountants & CPAs seek me out and I coach them on the ins and
outs of buying other practices, analyzing a practice to see if
it's a good, okay or bad deal, how to negotiate terms, finding
the right practice(s) to buy, when to walk away and how to avoid
all the pitfalls (including the 5 in my report) so a year after
your purchase, you & your clients are still happy you made the
deal with the original seller.
|