"This episode was brought to you by Reconciled.com. Helping M&A Entrepreneurs just like you with Bookkeeping, CFO & Controller Services, Outsourced Enterprise Accounting and Tax Services. Reconciled.com"
Watch it on Youtube: https://youtu.be/KSwlfTN-Dmw
About The Guest(s): Patrick Dichter is the owner of Appletree Business Services, a small business accounting firm that specializes in bookkeeping and tax services for service-based businesses and professional services. Patrick has a background in sales and marketing and holds an MBA. He acquired Appletree Business Services and has since grown the firm through additional acquisitions. Patrick is passionate about helping small businesses succeed and providing them with the financial support they need.
Summary: Patrick Dichter, owner of Appletree Business Services, shares his journey from sales and marketing to acquiring and growing a small business accounting firm. He emphasizes the importance of understanding the numbers in a business and the role of bookkeeping and tax services in driving growth. Patrick also discusses the challenges of integrating acquired firms and the need for a compatible tech stack. He advises searchers to focus on building rapport with sellers and not to overanalyze potential deals. Patrick highlights the value of outsourcing accounting services and the benefits of working with a professional team.
Key Takeaways:
• Understanding the numbers is crucial for business success.
• Building rapport with sellers is essential in the acquisition process.
• Integration of acquired firms can be challenging, especially with different tech stacks.
• Outsourcing accounting services can save time and provide expertise.
• Don't overanalyze potential deals; focus on establishing a connection with sellers.--------------------------------------------------
Contact Patrick on
Linkedin: https://www.linkedin.com/in/pdichter/
Website: https://www.appletreebusiness.com/
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-Why IT ExchangeNet?
Since 1998, IT ExchangeNet has created $5 billion in value by selling more than 225 IT businesses in 20 countries. IT ExchangeNet works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years IT ExchangeNet has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match.
"Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron Skelton
The IT ExchangeNet M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space.
If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential.
Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit https://www.itexchangenet.com/marketplace-how2exit and complete the contact form.
Our partnership with IT ExchangeNet focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.
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