Part Two: Networking Made Easy – Part Two: The Strategy

One of the most daunting aspects of striking out on your own is the inherent financial insecurity. You are exchanging constraint and stability for freedom and risk. Hesitance is normal, but it should not stop you from chasing your independence, especially when there are government agencies designed to help. One of these is the government-backed U.S. Small Business Administration (SBA). The SBA’s business financing programs “[provide] small business with an array of financing…from the smallest needs in microlending – to substantial debt and equity investment capital.” The most common SBA small business loan allotment is about $130,000-140,000. Yet they range from just $5,000 to $5,000,000.

It’s no secret that the impacts of the Affordable Care Act (ACA) can create a nasty minefield for physical therapists and other providers in private practice to navigate. In the attempt to universalize healthcare and reduce costs generated by the ACA, the federal government incentivized provider clumping. Hospitals, Affordable Care Organizations (ACOs), and private networks can more easily offset the accruing losses, pad that 90-day no-pay grace period, and afford the mandatory conversion to electronic medical records. So why, oh why would a physical therapist want to remain in private care?

The US currently faces a unique generational gap in its workforce.  This gap causes office discord, managerial nightmares, and networking problems, as two very different age demographics are forced to make nice with little guidance as to how closing this generation gap should work.

Congratulations, you’ve made the decision to sell your business. You’re ready for the transition. But you have more questions than answers regarding how to begin? Like many small business owners, you’re probably feeling overwhelmed by the sheer volume of the task before you. Do you hire a consultant? Organize your books? Notify your employees and clients? What comes first? The questions can seem endless. But while getting started can be the hardest part of transitioning your business, it certainly doesn’t have to be.

Noted Seattle Attorney and Legal Business Executive Now Providing Brokerage Services

If you’re thinking of selling your private practice, one of your primary concerns likely has to do with its value. How much is your private practice worth? What can you really make by selling it? And is that monetary gain going to outweigh the hassle? You’ve heard the horror stories about failed negotiations, missing paperwork, and flaky buyers. So before you start your private firm valuation or just quietly pack your things, consider these six, often overlooked reasons why your business is worth more than you think.