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How to Approach a Firm You Would Like to Buy
How to approach a firm you would like to buy – article from Jonathan Fagan Business Brokers Limited for law firms and accountants.
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How to approach a firm you would like to buy – article from Jonathan Fagan Business Brokers Limited for law firms and accountants.
READ MORE >Succession planning – a guide for UK business owners from Jonathan Fagan Business Brokers, specialists for law firms and accountants.
READ MORE >Guide on improving the value of your law firm from Jonathan Fagan Business Brokers, specialists for solicitors and lawyers in the UK.
READ MORE >Quite often partnerships show partners’ capital accounts as holding significant sums of money. For example we recently had a firm where the partners had capital accounts with £150,000 each in and the partners were firmly of the opinion that if they were to sell the practice then the practice would be worth at least the […]
READ MORE >Obtaining finance to purchase a solicitor’s firm is not the easiest thing to do at any stage of a cycle in the economy. This article explains the usual route to obtaining funding to acquire a law firm. Law Firms Are Not an Easy Sell for Finance Finance tends to be available for acquiring businesses where […]
READ MORE >Let’s take the typical firm of two partners, support staff, on the high street undertaking conveyancing, wills & probate and family law. The family law solicitor is retiring and the two partners have had enough and want to dispose of the business. Seller’s Perspective – Future Potential You can guarantee that one of the partners […]
READ MORE >Here are a few tips for making sure you have everything sorted out in your firm prior to considering a sale or disposal. By everything sorted out we mean the following: Accounts in Order All your accounts in order and fully explanatory, without anything missing. Make sure you have prepared copies of accounts that you […]
READ MORE >In a nutshell, and without spending the usual hours looking at your firm in detail; the answer is no. Or at least for 99.9999% of law firms with a turnover of less than £10 million the answer is no. If you think about it, how on earth could this ever happen? Lets take a typical […]
READ MORE >Quantify your Wills Bank Will banks are one the areas we often get asked about by smaller firms. Does my will bank have a value? This depends on a number of factors, but one of the key points is always the same for most firms – wills are not organised, no data collation has been […]
READ MORE >This article is more than just advice on making sure you have polished your name plate! Key feedback from buyers after initial meetings with sellers either at their offices or off site is the appearance of the seller and their firm. Individual appearance Feedback by a buyer from one meeting with a seller some years […]
READ MORE >Order an in-depth valuation report for your law firm or accountancy practice, including deal structure and improvement advice. Simply fill out the form – we will reply within 60 minutes during office hours.
Further Information on ValuationsWe offer four levels of service to all law firm and accountancy practice owners looking for a sale, merger or disposal of their business. We provide valuation reports and exit strategy advice as standalone services or as part of the Gold, Platinum or Platinum Plus services.
For permanent private practice or in house legal recruitment visit www.ten-percent.co.uk
For legal locum or consultancy recruitment visit www.interimlawyers.co.uk
For financial recruitment – industry or accountancy practice visit www.tenpercentfinancial.co.uk
Please fill out the form below to download a free copy of the Jonathan Fagan Business Brokers’ Guide to Selling an SME Law Business. The guide includes the sale process, valuations, exit planning and next steps.
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