How Much Do Small Firms Bill?

It’s important to know how your firm stacks up against your competitors, particularly if you are relying on selling your practice to generate some of your retirement nest egg.

Small CPA firms – in the bottom or lower middle quartiles (see above) in terms of revenue – may find it hard to package their firms for sale. Instead they may like to transition out slowly and reduce their workloads over time.

For these smaller firms, finding someone to facilitate the transition may be difficult since they may not offer enough to interest a successor.