Is Your Business Ready for Corona Virus?
Sadly it looks as if Coronavirus may bring tragedy to some UK families but its financial impact could be very serious for many more so what can you do to prepare your business for it? Twenty five years of consultancy experience has taught me that when extraordinary events occur it is the businesses that prepare…
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 MoreWill the Value of a Letting Agency Rise Further?
The value of a residential sales business is currently about 25% of what it was before the Brexit vote. The reason for this is economic uncertainty and a lack of confidence in the housing market. The value of a let-only letting business is about 50% of what it was before the Brexit vote. This is…
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 MoreHow to value a letting agency
A lot of nonsense has been written about how to value a lettings business. Some people say that they are valued on a multiple of profit. They are not. I sold a letting business recently for £3.65 million which was trading at a loss! Some people say that they are valued on a multiple of…
Read MoreIs now a good time to buy a letting agency?
I don’t think that there has ever been a better time to buy a letting agency than right now. The income from a good quality letting agency is absolutely secure and so long as you don’t do anything stupid to upset the landlords such as forgetting to pay their rent, the vast majority of them…
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…
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