Below you'll find a list of all posts from 2023
We understand that deciding to sell your practice is not a decision to make lightly. There are many factors that need to be taken into consideration. It is important that you know what you will be doing post sale. If you do not have a clear idea of how you will fill your time, then the idea of impending retirement …
This is a case study from a practice we sold recently Fees sold £ 152,000 Where Yorkshire Qualified FCA Age 62 Time scale 7 months Type of Practice 3 Partner firm, 1 Partner retiring Payment Three tranches How paid 50% 25% 25% Multiple 1 x fees When paid Comp, 12 mths and 24 mths Offers 3 offers Office & …
We have been selling accountancy practices for over 20 years, so we know a thing or two about the process, what is reasonable and what is not. Most sellers of accountancy practices have not sold before. Believe it or not there are some accountants that sell their fees and then get bored, start again and then in a few years’ …
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 now completed over 400 deals. Please contact us if you are thinking of buying and have not already registered with us. We post all …
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 since inception, we have completed over 400 deals. I have been a keynote speaker with the ICAEW on a webinar “How to sell your practice”. If you want to discuss your own situation email me …
Selling your accountancy practice ranks up there as one of the biggest decisions you will make in your life. It is not an easy decision to make unless it is forced upon you by personal circumstances such as ill health, the ill health of someone else or death. Whatever the reason, we are here to help and guide you through …
Nicola Draper founder Draper Hinks Looking to buy a practice? Make sure we know about what you are looking for. To date we have completed over 385 deals so we know what we are talking about. We can do bespoke searches for you if you are keen to buy in a specific area. These targeted searches can be …
Nicola Draper founder Draper Hinks Selling your practice is not always an easy decision to make. When is the right time? We like to think we have all the time in the world to plan our lives but that is not always the case. What if you are diagnosed with a serious illness and need to sell urgently? …
This is a case study from a practice we sold recently Fees sold £400 + Where Warwickshire Qualified FCA Age 68 Time scale 9 months Type of Practice Sole Practitioner Payment Three tranches How paid 50% 25% 25% Multiple 1.1 x fees When paid Comp, 12 mths and 24 mths Offers 4 offers Office & staff Buyer kept staff not …
At Draper Hinks we are business brokers and only deal with facilitating the buying and selling of accountancy practices. We do understand that deciding to sell your accountancy is a very difficult decision to make and you must not underestimate what an emotional decision it is too. We have a lot more buyers on our books looking to purchase an …