Peter Vander WallFounder driving creative community growth

Buying Small Firms Just Gives You Another Job

Name: Buying Small Firms Just Gives You Another Job
Uploaded: 2025-09-23T17:01:22+00:00
Duration: 14 s
Channel: Peter Vander Wall
Description: A short transcript excerpt from a YouTube video by Peter Vander Wall arguing that buying small accounting firms with revenue under $500k effectively…

23 Sept 2025 · 0 min

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A short transcript excerpt from a YouTube video by Peter Vander Wall arguing that buying small accounting firms with revenue under $500k effectively becomes "another job" for the buyer. The speakers recommend acquiring firms with at least seven-figure revenue so the buyer can afford to hire an admin, tax preparer, reviewer, and bookkeeper and still net roughly $400k–$500k without doing most of the work.

If you're buying an accounting Firm that's under 500k revenue that is another job for you. You really need to buy something that's at least seven figures or more in revenue so then you can afford to hire an admin tax return preparer, a reviewer, a bookkeeper. You can hire these people and at.
The end of the day you can.
Still net out 4 or 500k without doing a lot of the work.
Even if they're in a contract with the client for a year for a bookkeeping engagement or something. It's like A if the client doesn't like whatever kind of changes you make they might just leave at the end of that year and then they're gone. B they might just stop paying and what are you really going to do to chase after them over that contract for a thousand bucks a month? I mean you're not going to go sue for that right? So what do you, what are you going to do.