I’m a licensed CPA, have 7 years of experience in audit and I’m tired of working for my firm and want to branch out on my own. I know starting an audit firm is more difficult then a tax firm, but how would you start? My experience and preference is construction and real estate. I also do a fair amount of EBPs during summer time. How do I get clients?

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funny

Probably purchasing a firm would be the best route so you’re not completely broke.

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I think the best way to try to build your book of business is to start networking with peg groups. Usually whenever they acquire someone they bring in their own auditor. With pegs usually having 15 to 20 active portfolio companies that will jump start your business easily. Same goes with networking with banks, they typically do their own audits as part of due diligence for lending, maybe you can get someone to outsource that to you as well.

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Auditor

I would start with job sites seeking companies with your expertise, create an LLC to ensure you are an independent contractor (1099) and build your audit firm going forward in that direction.

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Upwork.

You get clients through advertising through Acviunting magazines or advertising through radio or tv.

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likesmart

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