Yes, it's worth contacting us as soon as you start thinking about selling, merging or buying a practice. For sellers, we can work with you to set a timetable, prepare your practice and work out what route to market would be best for you depending on your goals. For buyers we can help you work out which type of practice would be best for you to purchase and the best way to finance the purchase.
We are happy to arrange to come and see you in person to start the whole process going and then after this we can discuss how often you would like to see us. Don’t forget there are many ways we can ‘meet’ face to face using methods such as Zoom, What’s App, FaceTime, Microsoft Teams and Google Meet, plus many more. We can agree which works best for you and take it from there.
You can of course use as many agents as you wish to try and sell your practice. However, our experience has shown that, if possible, it is better to use a sole agent for a short period of time to get the best results. At Practice Sales we offer a bespoke service using sophisticated software programmes which allow us to match the most appropriate buyers for your practice. This takes a little time but ensures that we can get you the best deal for your practice and means that you do not waste time meeting buyers that just aren’t right for your client base or have the financial capacity to offer you the right money. If you are a buyer you can register with multiple agents but we do encourage you to talk to us about what you are looking for as we also offer a bespoke service to buyers to ensure that you look at the right kind of practice to meet your growth objectives.
We think we are different because the founder and director of Practice Sales, Simon Lukies, is an accountant who has bought and sold several practices himself and understands the process from an accountants point of view. This means we can offer a bespoke service to work out what type of buyer or seller is a good match for a practice, its client base and employees. This makes the whole process smoother and help us and you to identify what type of queries might arise during the selling and buying process and deal with them before they become issues.
The fees for selling a practice are paid by the buyer. The fees for buying a practice depend upon the final deal agreed by everyone. We will talk you through the options before you agree to a purchase.
If you require any further information about selling or buying an accountancy practice, please get in touch
Taunton: 01823 765085