THIS IS THE FIRST INVITED CONTRIBUTOR TO OUR BLOG Nicola Draper has invited a number of people to contribute to the Blog on the Draper Hinks website. Marc Ovits is a financial adviser with several advanced qualifications and many years experience in the industry. He has submitted the following:- Selling a business has many financial implications Selling your business may …
We had a buyer who thought he could not afford to buy a practice we were selling
Buying accountancy practice We had two instances last year where buyers thought that they could not afford to buy a practice we were selling. One practice was in the Midlands and had fees in the region of £200,000. The other practice was in the North East, north of Newcastle upon Tyne and had fees in the region of £185,000. In …