selling your business
Don’t kill the golden goose
My marketing agency recently asked me to write to all of our clients to ask them why they had chosen to sell their business at this time. I found their replies to be very surprising. In fact, I found them to be quite disturbing. The main reason that people want to sell their business at…
Read MoreHow to sell your business
Agents spend their whole careers telling vendors and landlords why they will be able to achieve a better sale price or a higher rent than they could achieve themselves. Then, at the end of their career, they try to sell their own business. I am constantly amazed by this and during the twenty-five years that…
Read MoreSale of three Lettings Agencies completed in 10 days
The market for successful lettings businesses is still strong according to one of the country’s leading business transfer agents, reported Letting Agent Today on the 28th May. Adam J Walker and Associates has sold Daisy Lets in Maidstone to (local competitor) Seekers, SD Lambert in Upton to Baker and Horner and Whites Independent Lettings in…
Read MoreHow we can help you sell your agency
Adam J Walker & Associates have over 25 years of experience as brokers for letting agencies and only letting agencies. Nothing else. This focus means you’re guaranteed unrivalled expertise and know-how, as well as a smooth, hassle-free sales process. We’ve sold over 1000 letting agencies. Our well-resourced 7-person team have worked within the letting agency industry and…
Read MoreGetting the best price for your agency
Follow these 3 golden rules to ensure your letting agency sells for the highest price possible: Review your agencyIf you’re thinking about selling in the near future, now is the time to get your agency ready for the market. Take stock of what’s working and what isn’t. Then make the changes you need to get…
Read MoreWhy 2020 is the Best Time to Sell Your Letting Agency
What has the recent election result got to do with selling your letting agency? A lot, as it happens. It doesn’t matter what you think about the result, just that we have one. Why? Because with a definitive election result, the cloud of uncertainty that has hung over the country since the Brexit vote has…
Read MoreWhy scrapping entrepreneurs’ relief would be such a bad idea
Entrepreneurs’ relief, which allows founders and investors in small businesses to pay a reduced 10% rate of Capital Gains Tax when they sell up, could soon be restricted or scrapped altogether, with rumours that Chancellor Sajid Javid will make an announcement in the Budget this March. At the moment if you sell a business you…
Read MoreSelling your business in the next 5 years?
Some businesses sell for more than Ten times profit others sell for less than one. This course will show you how to increase the value of your business. Regardless of whether you are planning to sell in six months’ time or ten years’ time, the actions that you take between now and then will have…
Read MoreCould the Government end the 10% tax rate that is payable under the entrepreneurs relief scheme?
At the moment, if you earn £1 million in income, then you will pay income tax at the rate of 45%. If you sell your buy to let portfolio and make a profit of £1 million, then you will pay capital gains tax at 28%. But if you sell your business for £1 million, then…
Read MoreWhy now might be a good time to sell your lettings business
The Brexit vote and the tenant fee ban have both had a very negative impact on the business transfer market but we are beginning to see light at the end of the tunnel again. The tenant fee ban has not had nearly as much impact on the income of letting agents as was predicted and…
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