One Year Later: 60% Growth + 2 More Acquisitions

Patrick Dichter returns to update us on a productive first year as CEO of a bookkeeping business he bought in late 2021. Topics in Patrick's interview:How Patrick acquired a bookkeeping business without an accounting backgroundThree factors that led to 60% revenue increase in year oneWhy there’s a shortage of accountants and how that affects his businessWhat makes tax prep difficult to offshore Which kind of firms to “stay the f*** away” from Why rollups don’t work in accountingHow he turns tax prep clients into year-round clientsAcquisition vs organic growthThe one thing he wishes he’d done differentlyWhy he advocates buying smallLinks & how to reach Patrick:First episode with Patrick: ‍Shut Out by Industry Brokers, an Entrepreneur Finds a WayFirst episode with Chris Williams: ‍Stay Open to the Many Flavors of SearchSecond episode with Chris Williams: ‍1 Year Later as Buyer of a $1m EBITDA BusinessAppletree Business ServicesPatrick's TwitterPatrick's LinkedInGet complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter