For entrepreneurs and small business owners, the moment arrives when a company changes hands or grows into new horizons. Transferring a lease is central to this shift when the business has a physical premises. This often-overlooked aspect of the business sale can lead you smoothly into the next chapter or become a legal riptide where many falter.
Recent posts by Private Practice Transitions
4 min read
What's The Impact of Inflation on Business Sale Price?
Just the word inflation can send a shiver down the spine of business owners, especially if they're considering selling or buying a private practice. But how does inflation impact the sale price of a business? We tackle that question and more in our guide below.
Topics: Blog
2 min read
Exit Strategy Tips for Private Practice Owners
For private practice owners and entrepreneurs, the transition out of their business is a crucial chapter that requires careful planning and strategic thinking. To ensure a smooth and satisfactory exit, it's vital to lay the groundwork early on and address key aspects that will impact the transition. Below, we offer some useful exit strategy tips for private practice owners considering selling and retirement.
Topics: Blog
2 min read
4 Questions To Ask a Potential Business Buyer
Selling your business is a significant decision that can shape the future of your professional life, and asking the right questions when negotiating with potential buyers is crucial. It’s your chance to ensure that your legacy lives on in capable hands and that your vision for the business continues in ways that align with your values and the company’s culture.
Topics: Blog
4 min read
5 Reasons To Consider Working in Private Practice
Professionals across various fields are increasingly drawn to private practice’s promises of freedom and fulfillment. Private practices—wherein one operates independently, creating procedures, policies, and personal brand —have seeded fertile ground for a blossoming entrepreneur breed within various sectors.
Topics: Blog
1 min read
What To Look for When Buying a Physical Therapy Practice
Physical therapy is one of the most attractive sectors in healthcare today, with more people enlisting the help of physical therapists than ever before. If you’re interested in joining the growing market by buying a physical therapy practice, we’ll explain what you should look for.
2 min read
Opinion of Value vs. Appraisal: What’s the Difference?
Gauging the worth of your business is an important yet frequently misunderstood exercise. The comprehension of value and appraisal can influence crucial business decisions, such as selling your practice, acquiring another, or steering your current enterprise in a profitable direction.
2 min read
5 Signs It's Time To Sell Your Private Practice
One of small-business and private-practice owners' most common questions is about when to sell. It's difficult to tell the right time, as it depends on the market, the business's productivity, and the owner's personality. Below, we'll explain some key signs it's time to sell your private practice if you're an owner.
4 min read
Avoid These Mistakes When Selling an Accounting Firm
Navigating the maze of accounting firm sales is a task laden with potential pitfalls. Whether you are eyeing the market to downsize, retire, or expand your portfolio, you know that understanding and sidestepping common mistakes could be the key to a successful sale.
Topics: Blog
2 min read
4 Ways To Become a Physical Therapy Clinic Owner
You can become a physical therapy clinic owner in many ways, whether you’re a physical therapist eager to start their clinic or think the industry is worth investing in. We break down the various methods for becoming an owner and what advantages and disadvantages they offer below.
