Modern Pricing Models Drive Higher Valuations for Accounting Firms
Blake and David meet with M&A advisor Charles Bedard about valuations for accounting firms looking to sell. Bedard explains that subscription-based "modern" firms command much higher multiples than traditional hourly billing firms. Bedard provides specific valuation ranges based on revenue and EBITDA multiples and highlights the importance of recurring revenue. He also offers actionable tips for firm owners to increase their value in preparation for an exit.
Meet Our Guest, Charles Bedard
Meet Our Guest, Charles Bedard
Learn more about ERGO Comps, LLC
Get CPE for listening to podcasts with Earmark: https://earmarkcpe.com
Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com
Subscribe to the Earmark Podcast: https://podcast.earmarkcpe.com
Get in Touch
Thanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.
Sponsorships
Are you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.
Need Accounting Conference Info?
Check out our new website - accountingconferences.com
Limited edition shirts, stickers, and other necessities
TeePublic Store: http://cloudacctpod.link/merch
Subscribe
- Apple Podcasts: http://cloudacctpod.link/ApplePodcasts
- YouTube: https://www.youtube.com/@TheAccountingPodcast
- Spotify: http://cloudacctpod.link/Spotify
- Podchaser: http://cloudacctpod.link/podchaser
- Stitcher: http://cloudacctpod.link/Stitcher
- Overcast: http://cloudacctpod.link/Overcast
Classifieds
Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAd
Transcripts
The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
Creators and Guests
Guest
Charles Bedard
Charles is a M&A Corporate Development advisor for B2B Services and Work Tech. Charles works with CEO entrepreneurs and institutional family office and private equity leaders on their corporate development initiatives (platforms and add-on acquisitions). His leadership increases valuations for emerging enterprises, helps create shareholder and institutional wealth, and creates industry sector leaders. Previously, Mr. Bedard has been a successful entrepreneur and held numerous positions with fast-growth technology-enabled service companies. Charles earned his Bachelor of Arts from Southwestern University in Georgetown Texas, his Masters of Business Administration from the Neely School of Business at Texas Christian University in Fort Worth Texas, and is a certified M&A Advisor (CM&AA) and Exit Planning Advisor (CEPA).
