Patrick Dichter

Updating my bio for new followers - I’ve acquired 3 accounting firms. Appletree provides bookkeeping, tax and consulting to small businesses nationwide. Previous background was sales and advisory. Dad of 3 boys.

You should get a 2nd opinion on a ROBs plan for an acquisition besides the person selling you ROBs plans.

I agree with these price ranges. There’s a huge spectrum out there.

I stayed up past my bedtime to have a beer with +60 searchers and business owners in Boston. @AgeofHoffman keeps building great community and resources with Search Fund Coalition.

Agreed. I talk to so many prospects who paid $800 for their prior tax return thousands of dollars in penalties but don’t realize it.

Some Google reviews hit harder than others. Proud of our team and honored to work with a brand I've admired for a few years.

Boston folks - we’re doing a searcher and acquisition entrepreneur happy hour this Thursday 6-830. Be there! Registration and details: lu.ma/boshh725

Thanks for having me on the podcast! And it was great to do quality of earnings services for an Enduring Ventures deal after looking up to their HoldCo model for years.

New podcast is live! Special behind the scenes edition about how businesses get valued, what its like to take them to market with a broker, and how to get to the closing table. Full episode link in bio.

Back injuries man. Feels like every 6 months I hurt my lower back and can’t put my own shoes on or walk normal for a couple days. I know the triggers and try to prevent it but still happens.

S Corp election usually isn’t worth it if your annual profit is below $70-80k.

When the big late check from a client finally arrives and accounts receivable is now only 5 figures…

We’re working on financial due diligence for a multimillion business, and the owner is struggling to send 12 monthly bank statements. Then his banker tried to help and sent screenshots…not even statements. This took 10 days. So before you go sending a 73 point diligence list,…

First half of the year business recap: Sales up 38% ✅ Recurring revenue up $20k YTD ✅ Profitability increasing ✅ Some clients struggling financially ❌ Client churn we can’t control (they sell, close, outgrow us) 😩 Client churn we can control (service and ideal fit)…

Our 9th offshore team member starts Monday. 36 people and we’re 25% offshore, 75% US staff for what it’s worth.

‘The velocity of shit you endure in your morning workout = the velocity of shit you can endure in your work day^2.’ - Albert Einstein probably

I loved this book. Bourbon, business, family legacy, Kentucky, and great story telling.

We tend to run “overstaffed” which has allowed us this year to handle: - 3 maternity leaves - Summer vacations - Firing someone during tax season - Staff health issues - Surprise resignations - Ramp up time for new staff I cannot imagine how stressful above would be at full…

It all came together perfectly. Fishing with grandpa and my wife’s first time fly fishing.

Harvard MBAs as soon as a $1.5M EBITDA HVAC business in Denver is listed for sale

New Inspired Or Acquired podcast with Brandon Hall - the GOAT of running tax firms. We discuss what would tempt him to sell the firm, AI impacting margins, if exit multiples in accounting will go up or down, traditional partnership structures in accounting vs PE exits, and more.…