New Podcast: After 10 Years at PwC, He Left Corporate to Buy an Accounting Firm

Hello SMB Deal Hunters!

I’m excited to share a new interview with Michael Young, a former Director at PwC who left corporate after 10 years to buy an accounting firm.

After a 26 month search, Michael acquired Bay Biz, an outsourced accounting and finance firm based in Washington, DC.

Today's issue is sponsored by SMB Diligence, the platform I helped start for matching business buyers with vetted legal counsel and Quality of Earnings providers.

WORK WITH ME

Want me and my team to work with you to find, finance, and acquire a million-dollar cash-flowing business in the next 6-12 months? Apply to join SMB Deal Hunter Pro.

Here's what one member shared this past week:

👉 Learn more and book a call

INTERVIEW

In the interview with Michael, we discuss:

• How Michael went into the search thinking he was going to buy a business in the trades

• The weekly and monthly KPIs Michael set for himself to hit

• Why several deals he went under LOI with fell apart

• The unconventional (and underrated) way Michael found the business he ended up acquiring

• What to look for when acquiring an accounting firm

• The importance of developing informal and formal peer groups during the search phase

• And more!

👉 Watch the full 44-minute interview with Michael

PRESENTED BY SMB DILIGENCE

Here’s Why You Shouldn’t Skip Due Diligence…

A friend of mine put a business under LOI and asked me for my advice.

I recommended he contract a 3rd party due diligence partner to rebuild the company's P&L from scratch.

Turns out their EBITDA was off by 2x 😳

Enter SMB Diligence.

SMB Diligence is the platform I helped start for matching business buyers with vetted diligence providers, from M&A lawyers to Quality of Earnings providers.

Their network of experts has worked on hundreds of small business transactions (including many from the SMB Deal Hunter community).

👉 Get introduced to due diligence experts today

COMMUNITY PERKS

• Want to invest passively in SMB acquisitions? Get access to investment opportunities.

• Get a personal introduction to my preferred SBA 7(a) lender, non-SBA lenders, Quality of Earnings providers, or legal counsel

• Raising capital for your deal? I’ll connect you with investors from the SMB Deal Hunter Community.

• Interested in selling your business? I’ll help you connect with buyers from the SMB Deal Hunter Community.

THAT’S A WRAP

Want me to interview you for my podcast? Hit reply.

See you tomorrow with some new deals!

-Helen Guo
Find Me On Twitter
Find Me On LinkedIn

P.S. I'd love your feedback. Tap the poll below or reply to this email.

Disclaimer

This publication is a newsletter only and the information provided herein is the opinion of our editors and writers only. Any transaction or opportunity of any kind is provided for information only; SMB Deal Hunter does not verify nor confirm information. SMB Deal Hunter is not making any offer to readers to participate in any transaction or opportunity described herein.