John Borrowman, CPC
Borrowman Baker LLC
There are BV professionals who are fully capable of running a practice but the right circumstances haven’t shown up. Maybe you’re one of them. And maybe your challenge is a too-narrow vision of the options you have.
All across America, boomer retirement is fueling the business valuation profession. Did you ever stop to think that phenomenon also exists inside the profession? Or, that it could benefit you?
Over the last 10 to 15 years there has been a steady movement of audit and tax professionals into BV and lit support. They have developed full-time practices which, in some cases, have been spun out into independent entities. They have become very successful, many times in smaller markets where you might not anticipate sufficient revenue.
In the next 5 to 10 years, they face the prospect of turning off the lights and closing the door for the last time. Many of them will be strong enough to contemplate taking on a junior partner who will eventually take over the practice. Will you be ready?
To capture one of these opportunities, you will need to …
- Be flexible in your timing. Talk to us now about your interests and timeframe.
- Be flexible in your geography. If we can connect you to an opportunity that lets you return ‘home’, we will.
- Be practical in your financial expectations. Capital contributions will be required, but can often be handled through a salary hold-back.
Contact us for a confidential conversation that could lead you to being someone’s successor.