selling your business
The Right To Switch Off
The Right To Switch Off
Read MoreWhat Would A Labour Government Mean For Letting Agents?
It now seems almost certain that we will elect a Labour government on 4th July. So, what will this mean for letting agents? Well, this depends on the size of their victory and the type of Labour government that we get. If the election is a landslide our new government will have much more confidence…
Read MoreAre you ready for Labour’s Tax bombs?
When I started work in 1979 , the top rate of tax was 98%: 83% income tax plus a 15% surcharge on investment income. If you don’t believe me then Google it! I wasn’t earning enough in those early days to pay this tax rate myself but my boss was and he seemed to spend…
Read MoreWhat Does a Good Letting Business Look Like?
We are achieving all time record prices for letting businesses at the moment but the buyers are becoming increasingly choosy about the sort of businesses that they want to buy. As a consequence, the price differential between the best letting businesses and the rest is wider than it has ever been. So, what constitutes a…
Read MoreBe Prepared for the Worst in Business
Unfortunately, I am often asked to sell businesses for people who are seriously or terminally ill. I am also regularly asked to sell businesses by the relatives of people who have died. These situations are always harrowing to deal with but a recent case was particularly difficult. The owner of a small letting business passed…
Read MoreBeware False Prophets When Selling Your Business
Back in the 1980s, I used to write a regular property column for The Sunday Times. The article that attracted the most attention by far was entitled, “Beware False Prophets.” It was a warning to the public about how to avoid being caught out by estate agents who overvalue their property in order to gain…
Read MoreThe Alternatives to Selling Your Business
The consolidation of the letting industry continues at a frenetic pace and hardly a week goes by now without a story of yet another independent agent being snapped up by a larger competitor. However, we are approached on a regular basis by people who want to retire but do not want to sell their business…
Read MoreThe True Cost of Anti-money Laundering (AML) Rules
Everyone agrees that money laundering needs to be stamped out and the recent sanctions against Russia have drawn further attention to the problem. However, the current rules are cumbersome and inconvenient for customers to comply with. They are also expensive for companies to implement, and I am becoming increasingly doubtful about how effective they are…
Read MoreHow Has COVID Changed Us?
As a young man, I worked like a slave. My first business did not take off immediately and in order to pay the bills whilst I was getting established, I did a milk round in the morning and shifts as a barman in a nightclub at weekends. For that period, I literally did nothing but…
Read MoreA very busy time for Adam J Walker
The first quarter of 2021 has been very busy for Adam J Walker with a record number of sales being reported in areas right across the country. Despite the effects of the pandemic, sales of Estate and Letting Agencies have been very buoyant with many sales, especially of managed letting agencies, attracting strong competition. Broker…
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