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Practice Exchange Australia is a company that specialises in succession transactions pertaining to Accounting Practices, Financial Planning Firms and Mortgage and Commercial Loan Brokers. Our services include the Sale and Merger of Practices together with the appointment of partners.
Our service philosophy has evolved through our teams practical experience in the Accounting, Financial Planning and Lending fields and is a direct response to requests from practitioners for a proactive representative that understands their business and the dynamics of the sale process. Our team's extensive practical experience in accounting, financial planning, lending and management consulting appropriately qualifies us to be specialists in these markets. Our focus is on offering quality professional opportunities to quality professionals.
This philosophy has enabled Practice Exchange to grow and successfully provide this service to Accounting, Financial Planning and Finance firms of all sizes.
Additionally, we provide practitioners seeking to enter firms and practices seeking to expand access to a series of practice acquisition and merger opportunities as well as partnership opportunitites. As a buyer, merger or equity partner our aim is to deliver to you specific information that enables you to make an informed decision about the purchase of otherwise of fees or involvement with the opportunity.
Our online systems enable you to progress an opportunity through the various phases from the initial download of profile information to an offer phase in the least amount of time possible.
Further through Practice Finance we provide a comprehensive array of practice finance solutions.
| To get to my next level I needed a big problem to be solved in a hurry – the sale of my financial services practice – and on a recommendation I turned to the Practice Exchange. Before committing, I put them through an exhaustive interview process which included the prospective purchaser pool size, their estimate of the selling price and in my particular situation, the likely multiple their efforts could achieve. Little was I prepared for the exactness of information required of me. Andrew Moylan guided me gently through the process explaining the necessity for the information to be presented in a particular fashion enabling potential buyers to quickly grasp an understanding of the nature of my business and “sort the wheat from the chaff” so to speak. Despite my tardiness in collating the data, Andrew achieved a remarkable result in just under 3 months. I cannot speak highly enough of him; the processes the Practice Exchange introduced which placed me in front of genuine buyers (no tyre kickers) and his assistance in formulating certain key points in the sale agreement. To my mind I regard Andrew and the Practice Exchange as the “go to guys” for anyone contemplating the sale of a financial services practice. Follow their process and it is unlikely you will be disappointed. Knowing as I do the exactness of information required, advisers seeking to purchase a practice can be assured they will not have their time wasted if they turn to the Practice Exchange. |
| Mike Dunn, Managing Director, The D.O.S. Partnership Pty Ltd |
| " I am pleased to be able to recommend Mark's services. His professionalism, intelligence, knowledge and easy manner made the entire process comfortable and stress free He assisted greatly with advice in preparing my practice for sale, such as providing a list of all requirements well in advance plus giving us a check list to make sure that the practice was presented “in the best possible light”” |
| Graham Poole Dip FS Dip AII, FALA Managing Director Graham Poole and Associates |
| I have found the experience of working with Andrew Moylan and Practice Exchange to be simple, effective and results driven. Sales, acquisitions and mergers are paramount to my business growth and it is so important that I work with other professionals to get fast results and reduce my workload on these projects. For my most recent dealings, suitable and well financed buyers were found quickly and a deal was professionally negotiated and completed without fuss. Exactly the way a service should be. Thank you and I will be using you again. |
| Chris Appleyard, Managing Director, Custom Wealth |
| "Coming from an IT background I was very surprised with the high level of technology used in the Practice Exchange website. This portal walked me through the whole process of preparing my business for sale. It also provided me with ability to view in real time which practice exchange members were interested in my business. Mark has obviously made a huge investment in this technology which demonstrates the level of professionalism and experience he has in the industry. I believe he is the only agent in Australia who has tapped into the internet market. I have no hesitation in recommending Practice Exchange to any accounting practice. Mark and his team took the pain out of selling our business and made it a very easy and non confrontational process, we were able to sell our practice within a week of registering on the Practice Exchange website." |
| Mark Economos Director, Nissaba Tax Accounting |
| "Having never used a business Broker before I was a little sceptical when Mark Witt from Practice Exchange said he could find us Joint Venture Partners and Certified Licensees and Business Consultants to join with us in our expansion across Australia utilising the brand name and reputation developed over a 20 year period. In 2007 we won the BRW Fastest Growing Accountancy Firm in Australia and now ranked in the top 100 Firms and Mark has contributed to that growth and we are extremely grateful. We are looking for more people who are passionate about helping clients in the areas of Business Coaching, Wealth Creation and asset protection and naturally your regular Compliance Practice and we look forward to a fruitful and ongoing relationship with Mark who is responsive and professional in all his dealings with us but above all he is results orientated." |
| Edward Chan, Chairman, Chan & Naylor |
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