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. …
We have finally moved into our new office
We moved into the office on Wednesday 4th September which was three weeks ago. We have had the whole of the building decorated, new carpets, new lighting, new blinds, new loos, new computer “stuff” and pre-loved furniture. We suffered from no phones, phones that didn’t work, phones that sort of worked and now phones that work fine. We had no …
Looking to buy fees in the summer holidays?
Draper Hinks has worked through many summers and we have found the cycle to be the same each year. Sellers of accountancy fees often take a long time to decide that they want to sell their fees. Some take longer than you think possible. Those that are very keen to sell but have staff are hard pressed to do anything …
Potential Seller Newsletter August 2019
Draper Hinks Newsletter Issue 4 2019 Hello, I’m Nicola Draper. I run Draper Hinks and have done so since 2004. We sell only accountancy fees and have completed over 290 deals. We are very active in the market place for buying and selling accountancy practices. I work with all the sellers, so if you are looking to sell in the …
August 2019 Newsletter
Draper Hinks Newsletter August 2019 Hello, I’m Nicola Draper. I run Draper Hinks and have done so since 2004. We sell only accountancy fees and have completed over 290 deals. We are very active in the market place for buying and selling accountancy practices. I work with all the sellers, so if you are looking to sell in the near …
Draper Hinks will be moving office soon
I am so excited to announce that Draper Hinks will soon be moving office. I have been looking for a suitable office to buy for the last two and a half years. The estate agent said that he had not had the type of property required by me for over three and a half years. Even the local MP told …