 |
After spending years building a practice, developing a valuable client base and business presence in your community, you’re looking forward to the day when you can plan for retirement. The value of all that hard work and time you’ve invested can now be recognized and you can feel secure in the knowledge that the business you’ve built is safe indefinitely.
But planning to sell your practice takes a succession plan. Smooth succession planning is something that takes time, and the handoff needs to be carefully planned and executed if it is to be successful, and Kellogg & Andelson will be right by your side. Even if you have no plans to retire, by selling to Kellogg & Andelson you can become a part of our dynamic team without having the stress of making payroll, dealing with workers compensation, and the like that business owners face every day. Kellogg & Andelson works with your goals to stay working in your passion for years to come or to retire and spend your days with family.
The types of firms which we have acquired in the past have had:
- Succession planning issues and/or founders who were within 1 to 7 years of retirement,
- Specialized practices looking to provide a fuller range of services, or
- Significant recruiting, retention or technology investment challenges
Our Transaction
Our transactions and due diligence are very straightforward. We aim to close transactions quickly and professionally, generally within approximately 90 days.
We compensate sellers in cash, with a payout structure that competitively values the revenue stream of your practice and gives you an opportunity to participate in the upside of our cross-selling capabilities.
Kellogg & Andelson understands that, like us, your clients are the lifeblood of your firm. We are committed to transitioning clients efficiently. Due to our exceptional client communication skills, and our methodology for integrating new clients into our firm, we have successfully maintained over 90% of the clients we have transitioned.
Just as important as clients are key staff within your business, many of whom have important relationships with your clients. We typically hire these employees as part of a transaction and are committed to making sure that they are transitioned into the new firm smoothly. Many staff are excited by the opportunity to join K&A due to expanded opportunities for professional growth inherent in a larger firm.
For further information, please contact Christian Payne, CEO at 818-971-5100 or email us.
|
 |
|
Kellogg & Andelson looking for firms that provide the following services to small and mid-sized businesses and individuals:
- Accounting and financial reporting services, bookkeeping and write-up
- Tax preparation and advisory services
- Medicare/Medicaid Cost report preparation
- Business counseling, consulting and advisory services
The typcial size firm K&A has aquired in the past had billings between $500K and $2 million.
|
K&A IN THE NEWSClick Here
|
 |
