Archive: August 2017

The Importance of Maintaining Your Average Earn Rate

Pleasingly we have found the continued rise of earn rates within accounting firms throughout Australia. Not too long along such rates would be $100 per hour, $120 per hour, $150 per hour, however depending on the firm’s location, size, services, types of clients and staff, current values are more so around $180 per hour at the low end, proceed up to say $250 per hour, or even beyond, at the higher end.

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Beware of the Bogus Broker

I recently received a call from a client who had listed their practice for sale with another supposed ‘practice broker’, wanting to discuss their dissatisfaction with the “broker’s” performance thus far and seeking some advice around what realistic market expectations currently where in terms of transaction times, price and the like.

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