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Practice Succession

SPEAKER PROFILE

Colin Simkin Headshot.jpg

Colin Simkin

Phone:

Email:

Address:

PO Box 564,

Sunshine Coast, QLD

Australia

Meet:

About Colin Simkin: 

Colin Simkin stands as a remarkable succession specialist for professional service firms across Australia, boasting an expansive career spanning over 30 years. His journey is marked by a steadfast dedication to the accounting industry, working closely with accountants to build resilient practices that thrive in today's dynamic environment. Colin's commitment remains as robust today as at the beginning of his career.

 

Professional Expertise: 

Colin is adept at executing business transactions across a broad spectrum, ranging from $300,000 to beyond $30 million. This range not only highlights his versatility but also portrays his proficiency in handling engagements of nearly any magnitude. Recognised as a trusted advisor, Colin's wisdom and guidance are sought after by accountants and professionals nationwide.


Achievements:  

Leading the fray in securing above-market outcomes for accountants in public practice, Colin's distinguished track record is a testament to his exceptional skill and unwavering dedication toward ensuring his clients' success.
 

Topics

All topics run for 30 minutes.

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Each of Colin's talks is backed by practitioner case studies, offering real-world insights and actionable strategies. Whether you're navigating the valuation of your practice, pondering succession readiness, or delving into the specifics of deal structuring and due diligence, Colin's sessions promise to leave you with a deeper understanding and practical knowledge to apply in your professional journey. For bookings or more information on Colin Simkin’s sessions, you can reach out directly.

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Practice Valuation Trends

Practice Succession Readiness

Understanding Practice Valuation

Price Shift
Buyer Demand
Buyer Types
Price Differential
Deal Structure

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What do buyers want?
What is the most critical question you need to address?
Understand your timeframes & timelines
Practitioner case studies

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Assessing the market valuation of your practice
Identifying and understanding key value drivers within your practice
Insights from practitioner case studies

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Exploring Succession Options

Staff/Team Planning

Financial Analysis

Internal Succession Vs External Succession
External Buyers' Insights: Who will buy your practice?
Practitioner case studies​

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Employee agreements
Leave entitlements
Employees in sale agreement
Practitioner case studies

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Revenue analysis
Expense analysis
Normalisation & EBITDA
Practitioner case studies
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Client Analysis

Client Fee Analysis & Top Clients Analysis
Client Age Profile/Revenue Analysis
Client Additions/Client Departures
Client Dossier

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Deal Structuring

Asset Sale
Share Sale
Practitioner case studies

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Due Diligence Essentials

Due Diligence Checklist/Due Diligence Preparation
Dataroom/Office DD
Practitioner case studies

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Testimonials

Show reel

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