Nicola Draper founder Draper Hinks Hello, I’m Nicola Draper. I run Draper Hinks and have done so since 2004. We sell only accountancy fees and I am excited to announce that, since inception, we have completed over 337 deals. Draper Hinks is very proud of its track record and reputation. Please feel free to contact me anytime at n.draper@draperhinks.co.uk with …
Main points a vendor looks for when selling an accountancy practice
I was recently approached by the ICAEW to be one of their key-note speakers on a webinar about selling an accountancy practice. These were the main points we, at Draper Hinks, have identified over the years that are most important to a vendor. Right “fit” This is most important to all firms with a turnover below £500,000 where the personality …
One practice for sale, five very different offers from five buyers
Draper Hinks was approached by a vendor in at the end of 2020 to sell his fees. We sent out our normal mailer and had a number of replies from potential buyers. The practice for sale was in Leicestershire and under £200,000. The vendor had Zoom calls with all five buyers. Nicola Draper reviewed all the offers sent in by …
Potential Seller Newsletter June 2021
Nicola Draper founder Draper Hinks Hello, I’m Nicola Draper. I run Draper Hinks and have done so since 2004. We sell only accountancy fees and I am excited to announce that, since inception, we have completed over 332 deals. Draper Hinks is very proud of its track record and reputation. Please feel free to contact me anytime at n.draper@draperhinks.co.uk with …
June Newsletter 2021
Draper Hinks Newsletter Issue 3 2021 Nicola Draper founder Draper Hinks Hello, I’m Nicola Draper. I run Draper Hinks and have done so since 2004. We sell only accountancy fees and I am excited to announce that, since inception, we have completed over 330 deals. We are very proud of our track record and our reputation. Please feel free …
It is important to check the small print in an offer from a buyer
When we market a practice for a vendor, we send a mailer out to potential buyers. In the mailer it states when the vendor will be available to meet the buyers. These meetings are primarily done on Zoom rather than the usual face to face. Once the meetings have been held and feedback has been gathered from all parties, it …
April Newsletter 2021
Nicola Draper founder Draper Hinks Hello, I’m Nicola Draper. I run Draper Hinks and have done so since 2004. We sell only accountancy fees and I am excited to announce that, since inception, we have completed over 323 deals. We are very proud of our track record and our reputation. Please feel free to contact me anytime at n.draper@draperhinks.co.uk with …
Potential Seller Newsletter April 2021
Nicola Draper founder Draper Hinks Hello, I’m Nicola Draper. I run Draper Hinks and have done so since 2004. We sell only accountancy fees and I am excited to announce that, since inception, we have completed over 323 deals. Draper Hinks is very proud of its track record and reputation. Please feel free to contact me anytime at n.draper@draperhinks.co.uk with …
A very recent case study
At the beginning of March this year, Draper Hinks was referred to a case in the North East of England where the owner had to sell his accountancy practice as a matter of urgency. Here are the bare bones of the case:- Fees less than £50k. No website. Sole practitioner. No staff. Worked from home. Paper based. All cost savings …
February Newsletter 2021
Nicola Draper founder Draper Hinks Hello, I’m Nicola Draper. I run Draper Hinks and have done so since 2004. We sell only accountancy fees and I am excited to announce that, since inception, we have completed over 318 deals. We are very proud of our track record and our reputation. Please feel free to contact me anytime at n.draper@draperhinks.co.uk with …