Paperless Office
Blog
February 23, 2014

How Paperless is Your office?

The introduction of software as a service (SaaS) cloud based accounting applications and increased use of scanning documents can allow work to be performed remotely. The paperless office provides the ability for your firm to have both a physical and virtual office - the virtual office allows communication between clients and staff in a seamless fashion. Clients can log on to see their financial information, post invoices paid and cash receipted allowing bookkeepers to update records ready for the accountant. In addition,…
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Practice Sale Increase Software
Blog
February 13, 2014

Software Increases Practice Sale Value

Jadeja Partners have finalised the sale of a 100% Xero focused accounting practice. The practice received much attention from our short list and was whisked away for negotiations immediately after listing. The Premium achieved for the practice has made us rethink the role of software in future valuations of Accounting Practices. Could we be seeing a new direction creeping into the valuation process? The parameters of software use has traditionally been one of hit and miss. If the acquiring party…
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Jadeja Partners Social Media
Blog
February 3, 2014

Recruitment – Social Media Used to Recruit Staff

Recruitment - Is it time to log-on for that new candidate? Social media tools provide a large database of candidates to help minimise recruitment costs. Recruitment firm's charges can be up to 20% of the first years salary for new staff. By taking on the work to filter through candidates to find the right match, recruitment costs can be significantly reduced by using social media. For example LinkedIn has circa 240 million users and the *Recruiter* product has advanced access and functionality to identify potential…
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Blog
December 12, 2013

M&A Activity Heats up in Accounting Sector

Magnus Yoshikawa of Jadeja Partners says he has seen four accounting firms in the past year plummet in value. Photo: Christopher Pearce AGNES KING - AFR Mergers and acquisitions are booming in accounting. Accountancy firm broker Magnus Yoshikawa is forming a community of experienced practice managers to abseil into distressed firms to preserve their value when they are sold. Mr Yoshikawa said he has seen four accounting firms in the last year plummet in value to 25¢ for every dollar of…
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Accountancy Broker
Blog
December 4, 2013

Market Commentary

The market for accounting firms So far the last quarter has been extremely buoyant. There remains a pent up demand for accounting firms.  As a result, this has led to both higher cents in the dollar and higher EBIT multiples. Transactions at this time of the year are usually quite.  However, we have witnessed unprecedented sales in this quarter alone and predict that, after the holiday season, the momentum will continue. This is great news for the Accounting profession and reflects…
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Accountant Broker Sale Purchase
Blog
December 1, 2013

Locum Community Initiative Introduction

Why is there no locum organisation across the accounting profession? Do you provide locum services in the industry? If so, let us know. Have you debunked the myths? 1. The locum accountant will come in and steal all the clients 2. The locum accountant will show me up and do a better job 3. One of my mates will help me out, I guess ------------------------------------------------------ Locum We are proudly establishing a locum service with various tiers of membership based on your needs.…
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