Robert's Practice Succession Journey

Discover the invaluable lessons shared by Robert Jackson during our recent practice succession workshop in sunny Noosa. Robert, a partner in a regional country practice in NSW, candidly reflected on his decision to retire and the steps he took to sell his accounting practice. Robert’s story sheds light on the importance of preparation, cultural fit, and working with the right advisor.

With our trusted guidance, Robert navigated the complexities of succession with confidence, offering key takeaways for accountants ready to start their practice succession journey. From overcoming challenges to finding the perfect buyer, his experience is a must-listen for anyone planning to transition out of their practice.

Robert's Practice Succession Journey

Key Takeaways for Accountants

Robert’s journey resonates with many accountants who are considering practice succession. Whether planning to sell in a year or five years, Robert’s story highlights several valuable lessons:

• Start Early: Don’t wait for the right time to plan your succession—it’s never too soon to prepare.

• Prioritise Transparency: Open communication with staff and clients builds trust and ensures a smoother transition.

• Invest in Documentation: A well-prepared Information Memorandum makes due diligence easier and adds credibility to your sale.

• Look for Cultural Fit: Whether you’re in a regional town or a city, the right buyer for your clients and staff matters.

Ready to Plan Your Practice Succession?

If you're pondering the next steps for selling your practice or smoothly transitioning into retirement, our Practice Succession Workshops offer the guidance you need to begin with confidence.