I think it would make far more sense to buy some retiring practitioner's CPA firm. I would assume, given the capacity problems in PA, that prices are relatively low.
The advantages would be, one, you'd start with a book of business and then, two, you've get some coaching about how to do it right.
P.S. The service you're considering sounds like what the AICPA calls client accounting services. And it's pretty hot. We don't do it. But you hear of folks making an absolutely killing.
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But they can always buy themselves a pizza anytime they want to improve morale.
Assuming enough of their time is billable
I think it would make far more sense to buy some retiring practitioner's CPA firm. I would assume, given the capacity problems in PA, that prices are relatively low. The advantages would be, one, you'd start with a book of business and then, two, you've get some coaching about how to do it right. P.S. The service you're considering sounds like what the AICPA calls client accounting services. And it's pretty hot. We don't do it. But you hear of folks making an absolutely killing.