September Newsletter

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 338 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 #5 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 338 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 …

Downsizing to reduce the pressure

We have all had a difficult time in the last 18 months due to Covid 19. From the Draper Hinks view point in March of 2020, we had to shut our doors for months on end.  No sellers were selling and no buyers were buying.  Our business just dropped off a cliff.  It was a very difficult time for us. …

An interesting offer recently received

At the beginning of this year we were asked to market a practice with GRF of £250,000.  We went to market in the normal way and the vendor had three firm offers, chose one and the deal has since completed. Most offers on a practice of this size would involve three payments. One on completion, one at the end of …

July 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 337 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 #4 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 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 #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 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 …

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 …