We are always looking for sellers who want to sell all or part of their accountancy practice.  Unlike accountants we do not get repeat business.  When a practice is sold it is sold. We cannot upsell or cross sell, so we are always on the look-out for the next vendor.  We comb the country to find sellers who have come …

I would like you to think of your accountancy practice as an apple pie.  When it comes to selling your accountancy practice, you could sell all of it, half of it or just a small slice of it.  Not all vendors want to sell the whole of their practice, some like to downsize and ease their way into retirement.  Others …

We sold a practice this year and it completed on the 3rd of April 2019.  The vendor died on the 12th April 2019.  The vendor’s wife worked in the practice and went to stay with her sister for a week because she was in shock. The one member of staff was on holiday and was not informed of the death …

One of our USP’s at Draper Hinks is that we talk to vendors before they meet with a potential buyer via a “prep” call.  Most vendors have not sold before.  A very few have sold a practice in the past, got bored, started again, built up another practice and then sold for the second time.  Other vendors may have sold …

Last year we were contacted by a vendor looking to retire and sell his accountancy practice.  He was aged 72 and had been working with his clients for longer than he cared to remember.  Some of his clients had been with him for over 35 years and in some instances, their business had been passed down the generations.  It was …