Choosing Your Successor Firm
Joel Sinkin | September 2, 2016 |
Choosing the right successor practice/firm involves many different factors, according to Joel Sinkin, President of Transition Advisors, LLC. and an expert in accounting M&A. Joel’s Four Cs for how to choose your successor are: chemistry, culture, capacity, and continuity. Practices may be experts and extremely good at what they do and still not be the right successor for you and your clients and staff.
President, Transition Advisors, LLC
Joel Sinkin is the President at Transition Advisors. He has been involved with and consulted on 900+ transaction closings of accounting firms since 1990 and was named one of the Top 100 Most Influential People in Accounting in 2012, 2013, 2014 and 2015 by Accounting Today. He teaches CPE courses and lectures for the American Institute of CPAs, national associations and state societies. In his more than two decades in the M&A arena, Joel has worked with thousands of firms including start-ups, sole proprietors, local, regional, and national firms. See more by Joel Sinkin
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