It’s common sense to enlist the services of a business broker when putting your private practice or small business up for sale. Below, we explain the important benefits of business brokers and how they help sellers through the sale and negotiating process.
Recent posts by Private Practice Transitions
4 min read
10 Strategies for Evaluating a Potential Buyer
Selling a business is a complex process that requires thoughtful planning and consideration. One of the most important aspects is identifying the right buyer, someone who can maintain and improve the company’s standing and keep it thriving. Below, we’ll outline some key strategies for evaluating a potential buyer to ensure a successful sale and smooth transition for everyone involved.
Topics: Blog
2 min read
How Long Does It Take To Sell a CPA Firm?
Deciding to sell your CPA firm can be difficult, emotional, and time-consuming. Before deciding to sell, you should learn the ins and outs of the process and how long it takes to navigate a successful sale. Keep reading to learn how long it takes to sell a CPA firm, the factors influencing the timeline, and more.
2 min read
What Do Business Buyers Look for in a Business
When it comes to buying a business, potential buyers have high expectations. They are looking for a well-established and sustainable business with a proven track record that promises long-term success. As a business owner considering selling your small business or private practice, you should know what these prospective buyers seek to ensure a smooth and profitable transition. Keep reading to learn what business buyers look for in a business, from financial performance to growth potential.
Topics: Blog
2 min read
Starting vs. Buying a Physical Therapy Practice
Deciding to open a physical therapy (PT) practice can be an exciting and rewarding experience. However, choosing between starting a practice from scratch and purchasing an established practice is not always simple. Below, we’ll break down the key differences between starting and buying a physical therapy practice, exploring the starting investment, the risk, and more.
Topics: Blog
2 min read
Buying a Business With Intangible Assets: What To Know
When considering buying a business, it’s critical to know as much as possible about tangible and intangible assets. Intangible assets play a significant role in the overall value of a business, and understanding their significance is crucial when deciding to buy a business. Keep reading to learn what intangible assets are, why they matter, and what you need to consider when buying a business with intangible assets.
Topics: Blog
4 min read
How To Market Your Private Practice for Sale
As a private practitioner, you have dedicated years to building your practice and establishing yourself as an expert. Now, the time has come for you to move on and sell your practice. The thought of selling may bring mixed emotions: excitement for new opportunities, anxiety about leaving behind the familiar, and uncertainty about how to market your practice successfully. Explore the steps you can take to effectively market your private practice for sale and ensure a smooth transition.
Topics: Business Owners Blog
2 min read
How Your Lease Can Affect the Value of Your Business
As a business owner, you’re aware that several factors contribute to the value of your practice. One often overlooked aspect is the impact of your lease when selling a physical therapy practice or other business. A well-negotiated lease could boost your business’s value and attract potential buyers. We’ll explore key factors in commercial leases and how they affect the value of your business.
Topics: Blog
4 min read
Necessary Research To Conduct When Buying a PT Clinic
Buying a physical therapy (PT) clinic is a major decision. It requires careful research and consideration of multiple factors before committing. If you’re considering buying a physical therapy clinic, you should take certain steps to ensure its success. We will outline the necessary research to conduct when buying a PT clinic, including assessing the current market conditions, evaluating the competition, and avoiding potential legal issues.
Topics: Blog
2 min read
The Importance of Confidentiality When Selling Your Practice
You must consider many things when selling a practice—whether it’s an accounting practice, medical private practice, or other business. The confidentiality of the sale is critical to protect. We’ll explain the importance of confidentiality when selling your practice and how it can damage your business’s value.
