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 …
Draper Hinks is a brokerage facilitating the sale and purchase of accountancy practices. All accountants at some stage will want to stop, retire, downsize or do something completely different. We help them to do exactly that. So, you could say we help accountants to achieve one of their life goals, quite an important one admittedly and often one of the …
Why is it that the end of the year creeps up on us and before we know it, it is December and the new year is just round the corner? At Draper Hinks we facilitate the buying and selling of accountancy practices and for us 2022 has been a bit of a rollercoaster. Some months we have been very busy …
At Draper Hinks we go the extra mile for all of our vendors when they are looking to sell their accountancy practice. We understand how important it is to work with someone who can listen, guide and support you through the difficult time of finding the right buyer. We have a lot of practical experience we can share with you …
Draper Hinks is a brokerage working solely with accountants in practice facilitating the buying and selling of accountancy fees. But we do like to go the extra mile for our clients. We get very involved making sure that we are there all the way through the process wherever needed. If you have made the decision to sell your practice then …
Most accountants find the decision to sell their practice a very difficult decision to make. If it is forced upon you by personal circumstances or by serious health issues then you often don’t have the time to think about it. You have to get on with and make the most of a bad situation. But if you have time to …
If you are thinking of selling your accountancy practice or are thinking of buying an accountancy practice, here are some of the questions most asked by clients post sale. You will need to know the answers to ALL of them:- Who do I phone when I have a question? Will I be charged more? What’s happening to the office? Who …
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 …
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? …
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 …