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New Book for Professionals Looking to Buy, Sell or Merge Their Practices Los Altos, California – April 20, 2005 – ProHorizons is very excited to announce the publication of the book Successful Practice Sales: The Complete Guide to Buying, Selling or Merging Your Accounting, Consulting or Tax Practice by John R. Ezell, CPA, and Ken Berry. For the first time practice owners can have a resource that will guide them through every nuance of these potentially daunting business transactions. This book is a guide to: • Selling your practice using a comprehensive sales process • Acquiring a practice using a model acquisition process • Merging two practices and navigating the unique challenges mergers present • Financing your acquisition through outside lenders • Exploring the complete sales life cycle and the interactive timeline between the seller and buyer • And, most importantly, avoiding the common pitfalls and issues your transaction may encounter. An extensive appendix provides ready-to-use resources needed to ensure your transaction is a success. When we caught up with him, author John Ezell provided some insight into the book: “The main goal of this book is to provide answers and guidance regarding two conversations I have on a frequent basis. The first is with buyers and sellers who are in legal battles resulting mostly from ‘for sale by owner’ transactions and the related ambiguities. The second conversation is with frustrated sellers looking for advice when they hire a broker who is inactive, absentee, or simply ineffective.” In closing he added, “If you sell your practice without competent professional guidance, you are going against everything the accounting profession has stood for over the years—the reliance on experts to provide value-added services.” Touching on a current industry trend, co-author Ken Berry added, “The timing of this book is ideal because of the retirement of the baby boomers and the ramifications those retirements will have on the accounting industry and the future of the profession.” About the Authors Ken Berry is an independent marketing and business development professional who has worked closely with John Ezell and ProHorizons since June 2002 About ProHorizons # # # For more information, contact
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