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 365 deals. Draper Hinks is very proud of its track record and reputation. Please feel free to contact me anytime at …
Reasons why people sell their accountancy practice
We have had a number of people come to us in the last two years that have been seriously affected by Covid 19, which has necessitated having to sell their accountancy practice. It can be difficult to come to terms with the fact that you are having to sell rather than wanting to sell. In the past we have had …
Thoughts of a vendor who has just sold their practice through Draper Hinks
Our vendor completed on the sale of his practice in May 2022. These comments were taken from his feedback form (and yes he did give us his permission):- 1 Why did you choose Draper Hinks to sell your practice? I liked Nicola’s professional, but personable approach. 2 How have you found working with Nicola and Draper Hinks? …
Potential Seller Newsletter May 2022
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 360 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 …
May Newsletter 2022
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 360 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 …
Make sure you are selling what you say you are selling
Most offers are based around tranche payments of the gross recurring fees (GRF). Care has to be taken to define what are gross recurring fees but everyone does agree that one off fees are not included in the GRF. Most vendors will look carefully at the client listing they are selling and will take off any clients that are going …
April Newsletter 2022
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 350 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 …
Potential Seller Newsletter April 2022
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 350 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 …
Buying fees in a rural area
We were selling an accountancy practice in the South West of England in a very rural area. There are far fewer accountants in rural areas which automatically makes it harder for us to find an interested buyer. Vendors understand this. Where an accountant moves to a part of the country that is de-populated for their own lifestyle reasons, this does …
Valuation for a divorce
I have recently been asked to value an accountancy practice where the owner was going through a divorce. It is not as simple as applying a multiple to the turnover or the EBITDA. There are many factors that have to be taken into account when valuing a practice. At Draper Hinks we only sell accountancy practices, this is what we …