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  • November 2020

    Welcome to November! It continues to be warm here in Alberta and we hope it is the same in your area. Over the past few weeks, we have seen an increase in activity regarding practice transition with several phone calls from accountants looking to retire. We are working with them to have the listings up and running before the Christmas break. Currently we have a listing in Thunder Bay, Ontari...

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  • October 2020

    Happy Thanksgiving to you and your family! We hope you enjoyed a wonderful family dinner. Our mailing campaign was very successful. We got inquiries from across the country from both buyers and sellers. Practitioners are happy to connect and discuss with another CPA in public practice that can speak the same language and understand the problems specific to the industry.  We also have some v...

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  • September 2020

    As the fall settles in, most business are reopening. In general, accounting practices seem to be doing well, and most practitioners that I connected with are complaining of being too busy! How will this translate in terms of practice transition? We expect that some sellers who previously had concerns regarding the valuation of their practice, now realize the market is still hot. From a historic...

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  • August 2020

    Over the past few months, we have noticed a significant decrease in practice transitions. In talking to some practitioners that are ready to retire, the common theme was that they don't know what to do. The concern is that the sale will be done at discount due to the unknown effect of COVID on the future billings. With this being said, it appears to be a seller's market, as virtually no practice i...

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  • June 2020

    Summer has finally arrived. We hope you've had a good tax season! Though COVID-19 measures have recently slowed business, the extended filing deadline has given some practices the opportunity to boost their efficiency. We've heard that more and more firms are following the digital trend and moving their resources online. This is a good sign for any buyer, as the prospective practice is more fle...

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  • February 2020

    The tax season is around the corner, practitioners around the country are getting busy with their tax filings. We don't expect any accounting practices to be available for sale in the next few months. Other than advertising in the national and provincial CPA magazines, we are not planning any events until May. I wish all of you a wonderful tax season and I look forward to reconnecting with you soo...

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  • January 2020

    Happy New Year to all our fellow public practitioners! Starting this year, we will begin advertising in the national CPA magazine in Alberta and British Columbia respectively. This will increase our brand awareness and further expand our reach to the public practitioners across the country. Past Events On January the 16th, I co-presented with Melanie Russell, our Ontario Market Leader, a web...

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  • November 2019

    Although PracticeForSale went live at the beginning of the year, we had a slow start due to circumstances beyond our control. At the beginning of October we started a mailing campaign in Alberta followed by a LinkedIn campaign. Melanie Russell, B. Comm., CPA, CA, CBV, CIM, CFE, CFF, ABV has recently joined us as the Market Leader for the Ontario region. She has been active in teaching business...

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