: Ensure no single client represents more than 5% of total revenue. A 90%+ annual retention rate over three years is the industry benchmark for healthy firms.
Due diligence for an accounting firm is not a standard audit; it is a search for "red flags" in the client base and staff culture. buying an accounting practice checklist
: Decide if you require a local brick-and-mortar presence or if you are open to a remote-first practice with lower overhead. : Ensure no single client represents more than