When Should You and Your Practice Start to Plan Your Succession?

Joel Sinkin | August 15, 2016 |

Own or manage your own accounting practice? According to Joel Sinkin, President of Transition Advisors, an expert in accounting M&A. you need to think long term when planning for your succession to leave enough time to communicate and with clients and manage the relationship and transition well in advance of any merger or acquisition, Client perceptions of any changes are critical to success. 

 

Joel Sinkin

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

 

Join the Conversation

To leave a comment below, login or register with IFAC.org

 

Thank you for your interest in our publications. These valuable works are the product of substantial time, effort and resources, which you acknowledge by accepting the following terms of use. You may not reproduce, store, transmit in any form or by any means, with the exception of non-commercial use (e.g., professional and personal reference and research work), translate, modify or create derivative works or adaptations based on such publications, or any part thereof, without the prior written permission of IFAC.

Our reproduction and translation policies, as well as our online permission request and inquiry system, are accessible on the Permissions Information web page.

For additional information, please read our website Terms of Use. ALL RIGHTS RESERVED.