Ep 43 Buying Another Accounting Practice

Accounting Insider - Property, Wealth, Business Tips & Tricks

Like a lot of leaders in professional services, Kym believes ‘growth by acquisition’ can be a solid business strategy. And as Kym prepares to buy another accounting practice, he talks about all of the key considerations in detail, from the financial to the relational. Kym knows that a bad deal can derail a business, as much as acquiring the right practice at the right price can fast track growth. Tune in as Kym shares the context of his own business plans as well as broader insights, tips and traps on buying out other firms. ALSO: You can now subscribe to the Accounting Insider VLOG on Youtube! https://www.youtube.com/channel/UC9WSkuOVDJsuFWRz832AlUw About Kym, http://accountinginsider.net : Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients. Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses. Key to Kym’s success has been his ability to provide practical, wealth building solutions for all people and circumstances. Whether it is minimising tax for a multi-million dollar business, a retirement plan for a high net worth individual, or business structure advice for a tradesman, Kym uses his decades of experience to develop plans for prosperity. As a Fellow Chartered Accountant qualified in financial services and mortgage broking, Kym offers holistic financial advice. A big believer in disruptive technologies, Kym has also developed his own accounting software and is a Xero certified adviser. More than just an accountant, Kym is successful property developer, builder and business mentor. Applying the advice that he gives clients daily, Kym has turned his first property purchase into a multi-million dollar residential and commercial portfolio. And as a qualified builder, he’s not afraid to get hands on with his property developments. As a proven success, and with diverse experiences and expertise, Kym is also a respected mentor to a number of business owners and entrepreneurs. Fellow Chartered Accountant Bachelor of Commerce (Accounting) Bachelor of Economics Xero Qualified Certificate IV in Financial Services Diploma of Mortgage Broking Management Credit Representative of BLSSA Pty Ltd Want to connect with Kym? Visit http://accountinginsider.net & http://nitschkenancarrow.com.au Hosted and produced by Andrew Montesi, Apiro Consulting. Visit http://apiroconsulting.com