We are back in business

Draper Hinks has been closed for the best part of three months.  On the 15th June it opened its doors again to new business. Unlike all accountants, our business fell off a cliff.  99% of our deals were postponed indefinitely.  We had one completion at the end of March and one completion at the beginning of May.  Other than that, …

June Newsletter 2020

Hello, I’m Nicola Draper.  I run Draper Hinks and this year will be our 20th Anniversary.   We sell only accountancy fees and I am excited to announce that, since inception, we have completed over 305 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 any questions. Nicola …

Potential Seller Newsletter June 2020

Hello, I’m Nicola Draper.  I run Draper Hinks and this year will be our 20th Anniversary.   We sell only accountancy fees and I am excited to announce that, since inception, we have completed over 305 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 any questions. Nicola …

Potential Seller Newsletter February 2020

  Draper Hinks Newsletter Issue 1 2020     Nicola Draper founder Draper Hinks Hello, I’m Nicola Draper.  I run Draper Hinks and this year will be our 20th Anniversary.   We sell only accountancy fees and I am excited to announce that, since inception, we have completed over 300 deals. We are very proud of our track record and our …

February 2020 Newsletter

Draper Hinks Newsletter February 2020 Nicola Draper founder Draper Hinks   Hello, I’m Nicola Draper.  I run Draper Hinks and this year will be our 20th Anniversary.   We sell only accountancy fees and I am excited to announce that, since inception, we have completed over 300 deals. We are very proud of our track record and our reputation.  Please feel …

Vendors Beware – An initial offer may not be the final offer

In Spring of last year we started marketing a practice in the North West of England.  It was a general practice with turnover of £225,000.  The fees were primarily compliance so it was deemed to be all Gross Recurring Fees (GRF).  We sent out a mailer to buyers in the area, posted it on our website and dropped it into …

December 2019 Newsletter

Draper Hinks Newsletter December 2019 Hello, I’m Nicola Draper.  I run Draper Hinks and have done so since 2004. We deal only with the buying and selling of accountancy fees and since inception, we have completed 302 deals. We are very active in the market place. I work with all the sellers, so if you are looking to sell in …

A round up of the year – 2019

As most of our readers know, we only deal with accountants in practice.  I am often asked why only accountants and I reply because there are enough accountants in practice looking to sell fees to keep us busy.  Admittedly, we do have a quiet time in January each year, but that gives us the time to review our marketing strategy …

If selling your fees, why you should use Draper Hinks

It is the first of November and so far we have had our best year ever, both from the point of view of the number of deals and the increase in turnover. Did you know that some brokers charge their brokerage fee to both the buyer and the seller?  At Draper Hinks we charge our brokerage fee to the buyer.  …