A niche accounting firm with 45% cash flow and 1,500 owner hours sold for 5.6 million dollars on 2.6 million in revenue. That is the kind of result possible when a CPA firm owner gets intentional about the factors buyers care about most. In this episode, Brannon Poe sits down with Laurens Ball, a highly accomplished intermediary at Poe Group Advisors, to break down what really drives practice valuations in today's market.

This is the latest episode in our Power of Focus series, where we explore how CPA firm owners use focus as a strategic advantage. Laurens brings real-world case studies from the M&A side, showing how niche firms consistently grow faster, charge 20 to 40% higher fees, and attract buyers willing to pay premium prices. From a dental-focused practice generating daily referrals to an agricultural firm that found its perfect buyer by leaning into its specialty, the evidence is clear: focus pays off at the point of sale.

Timestamps

00:00 - Introduction to the Power of Focus series and Accounting Practice Academy

00:25 - Welcoming Laurens Ball, senior intermediary at Poe Group Advisors

01:32 - What is a focused CPA firm? Laurens' definition

02:13 - Why intentionality is the foundation of practice growth

02:37 - Why hesitant-to-niche firm owners are leaving value on the table

03:19 - How niche accounting practices grow faster and charge 20 to 40% higher fees

03:52 - Dental niche example: weekly referrals and consistent growth

04:08 - Professional poker player niche: a memorable and lower-owner-hour firm

05:00 - Why niche firm margins, growth, and owner hours make them desirable at market

05:27 - Cost segregation firm: multiple offers, all-cash close

06:16 - Agricultural firm example: tractor on the website and the right buyer match

07:46 - Current state of the CPA firm M&A market in spring 2026

08:09 - When strong firms can see 7X EBITDA and what it takes to get there

09:03 - Niche firm sold at 5.6X: what the numbers looked like

09:41 - What buyers are really evaluating: cash flow, team strength, growth prospects

10:43 - How de-risking your accounting firm opens up more buyers and better terms

11:48 - Why the team is becoming the most important factor for roll-up buyers

11:48 - The "90-day question": what falls apart first if the owner steps away

12:08 - How to analyze your CPA firm client list for quality, fit, and pricing

12:31 - Seller case study: raising fees from $360 toward $700, keeping 98% of clients

14:08 - Across-the-board 20% price increase: 2,000 returns, five clients left

14:49 - CPAs have more pricing power than ever, with some firms at $2,000 per 1040

16:32 - How owner dependence affects buyer interest and sale terms

18:35 - Success story: owner reduced hours by 500 while keeping EBITDA steady

19:26 - Top advice for accounting firm owners who are 3 to 5 years from a sale

20:31 - How six months to a year of changes can mean $1 million more in valuation

21:02 - Why team health is the longest-lead and highest-impact strategy before a sale

22:33 - Why owner-centric practitioners are hardest to get to stop and look at the firm

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Price increases are nothing to fear. The real challenge is effectively informing clients of these changes. Our templates will help you demonstrate your value and help clients understand the increases necessary to keep your firm afloat.

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