Thoughts on Having Your Business Acquired

Source: Solutions for CPA Firm Leaders

The following is a complete reprint, reproduced with permission, of an article by Rita Keller.

Did you ever notice that when CPA firm leaders are talking about merging-in another firm it's the best thing since sliced bread?

Did you ever notice that when CPA firm leaders are talking about being merged-in/acquired, it's sad, it has a tone of being defeated?

Being acquired, by the right firm, can be a positive, life-changing thing for the firm owners.

Here's why this came to mind this morning…

I was reading an article in Bloomberg Businessweek titled, So Google's Buying Your Startup. Now What? One entrepreneur's comment sounded familiar. He wanted to simply focus on building the best, simple-to-use product to help his end-users. Yet, he was continually distracted because he found himself focused on paying the bills (sound familiar?). Now, he says he “can worry about revenue at the right time to worry about revenue.”

Perhaps being acquired could give you and your entire team the freedom to focus on the joy of serving clients. Again, I stress… being acquired by the right firm – it is a win not a defeat.

From Solutions for CPA Firm Leaders, the blog of Rita Keller, president of Keller Advisors, LLC, [email protected]. Visit http://ritakeller.com/blog/.