We recently sold an accountancy practice in two days from start to finish

On a Wednesday afternoon in March, we had a call from a concerned relative.  His brother had just died.  His brother was an accountant and had clients that needed looking after.  His sister-in-law, was who was now a widow, did not want to have to deal with the clients of the practice on top of her own personal grief. As …

April 2018 Newsletter

    Draper Hinks Newsletter April 2018    Hello, I’m Nicola Draper.  I run Draper Hinks and have done so since 2004.  We sell only accountancy fees and have completed over 220 deals (five more than our last newsletter). We are very active in the market place for buying and selling accountancy practices.  I deal with all the sellers, so …

Is there life after selling your accountancy practice?

Is it really 4 years?  Apparently, it is, I hadn’t noticed. Actually, it is nearer to 5 years ago that my wife, Kaye, my partner in our Oxfordshire based firm handed me a glass of red, looked me in the eye and said, “Do you really mean it?”  A few minutes earlier I had suggested that we’d had enough.  FRS101 …