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Key Questions for Sellers (part 1)

The first in a four-part series answering the questions vendors ask most as they consider selling their goodwill — updated for 2026 Is my practice too large/ too small? A large majority of UK accounting firms are still sole practitioners…

Natural Selection (the Buying Process)

Why participation in the selection process matters when you’re competing to buy — updated for 2026 The process of mergers and acquisitions in accountancy practices works rather like a match-making service, helping compatible buyers and sellers find one another. The…

What is the Best Approach to Fees Acquisition?

The passive approach versus the proactive approach — updated for 2026 There are two main ways to go about acquiring fees: the passive approach, and the proactive approach. Both can work — but you’ll never know which suits you until…

Buying into an Accountancy Practice

Lucinda Kitchin of A.P.M.A. assesses the position of those asked to buy into an accountancy practice and outlines the key questions you should ask before you sign on the dotted line. What to weigh up before you commit — updated…

When buying fees, what is the buyer actually acquiring?

Breaking down the four components of a practice acquisition — updated for 2026 Accountancy practices typically have four constituent parts to a sale, though the exact mix can be adjusted depending on what’s actually being bought. 1. Goodwill This is,…

The Danger of Starting an Accountancy Practice from Scratch

Why buying an established client base still beats building one from nothing — updated for 2026 Every year a fresh crop of accountants weighs up the same decision: start a practice from nothing, or buy one that already works. It’s…

What is claw back?

A vital concept to understand when buying or selling an accountancy practice — updated for 2026 Virtually every practice sale includes a clawback clause in the Sale Agreement — a risk-sharing mechanism between buyer and seller. It protects the purchaser…

Essential Guide to Selling a Practice

Everything to think through before, during and after a sale — selling process, mergers, succession planning and clawback — updated for 2026 Selling an accountancy practice touches several distinct decisions at once: how to prepare, whether to sell outright or…

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