Established experts in business transfer mediation
We provide help with the buying or selling of accountancy practices
The sale of an accountancy practice is usually a once in a lifetime’s activity and we aim to ensure that it is conducted satisfactorily the first and only time to include, amongst other benefits, the realisation of its full market value for the seller.
Growth through acquisition is a tried and tested method of taking a business forward rapidly rather than pursuing a more leisurely approach based on organic growth underpinned possibly by extensive marketing.
PURCHASING
The purchase of a well-established accountancy practice can represent a major extension to an existing firm or a new horizon for a smaller enterprise wishing to make that quantum leap forward.
Both participants will have to embrace an element of risk which will have financial, client and staff implications and it is crucial that obstacles of any nature are addressed and overcome.
MATCHING
Matching buyer to seller is essential as it must translate into a high level of client retention by the buyer. Charge-out rates and the office operating environment of both sides must be on a par, with clients and members of staff welcoming the new owners. The vendor will want to project an image of ‘business as usual’ and will need re-assuring that the transition will be seamless, transparent and adequately funded.
TRUST
Building a durable and lasting business relationship between both parties prior to completion should take place over a suitably extended period of time, with due diligence by the buyer carried out meticulously. It is paramount to ensure that the seller has the peace of mind of knowing that his/her business will eventually be in safe hands and the financial burden by the purchaser bearable.
CONFIDENTIALITY
Practices are usually bought and sold in an atmosphere of strict confidentiality which requires tact and discretion on our part and includes the implementation of binding and protective documentation confining and limiting the availability of sensitive data.
Placing your business with us will guarantee being in receipt of a professional service tailored to meet your every expectation.
FUNDING PACKAGES
We work closely with SME Business Finance Ltd who can deliver a portfolio of appropriate funding packages.
DATA INTEGRITY
Creating, maintaining and extending a database of accountancy practices and personnel is fundamental to our business. The quality and accuracy of our data is crucial, as a successful business transfer will be dependent upon it.
Each transaction carries with it an in-depth programme of market research using a variety of external data sources to complement our own in-house facility.
UK BASED
Our office is located within easy reach of companies house where we work with clients throughout the United Kingdom.