Every private practice owner has their reasons for why they may want to sell and hand the reins over to someone else. For many, this reason is deeply personal and requires a lot of forethought and planning. Understanding the most common reasons why private practice owners sell can give you an idea of how you may need to adjust your own plans.
Private Practice Transitions
Recent posts by Private Practice Transitions
4 min read
Common Reasons Why Private Practice Owners Sell
By Private Practice Transitions on Nov 7, 2024 5:40:50 AM
4 min read
Questions You Should Ask a Potential Business Broker
By Private Practice Transitions on Nov 6, 2024 7:59:27 AM
Buying or selling a practice is an important decision that comes with a lot of questions. Seeking out the aid and advice of a professional business broker helps many entrepreneurs avoid common pitfalls and come across a good deal.
Topics: Blog
4 min read
6 Risks of Starting Your Own Private Practice
By Private Practice Transitions on Oct 21, 2024 8:20:43 AM
There are many possibilities for young entrepreneurs who want to start their own private practice. Certified Public Accountants (CPAs) can be their own bosses, set their hours, and build something special from the ground up.
5 min read
Questions To Ask Before Buying a Physical Therapy Practice
By Private Practice Transitions on Oct 18, 2024 11:37:32 AM
Investing in a physical therapy practice can be an excellent opportunity for healthcare investors. However, knowing which questions to ask before buying a physical therapy practice can make a world of difference. Private Practice Transitions is here to help you determine the information you need to partner with a seller who can match your specific needs.
5 min read
Can You Buy or Sell a Closed Private Practice?
By Private Practice Transitions on Oct 14, 2024 10:38:30 AM
The world of buying and selling practices is in constant flux. Whether it’s due to owner retirement, personal reasons, or economic challenges, private practices sometimes close their doors. For current practice owners and potential buyers alike, the question arises: “Can you buy or sell a closed private practice?” Private Practice Transitions is here to explain the basics and go over some reasons why this could be the right move for you.
4 min read
Key Insights from the 2023 National MAP Survey on Accounting Trends
By Private Practice Transitions on Oct 8, 2024 10:00:00 AM
The accounting profession is witnessing significant shifts, driven by technology, workforce dynamics, and evolving market demands. The 2023 National MAP (Management of an Accounting Practice) Survey provides a comprehensive overview of these changes, offering valuable insights into how firms are adapting to the current landscape.
Topics: Accounting
4 min read
List Price vs. Selling Price for a Private Practice
By Private Practice Transitions on Sep 24, 2024 7:57:51 AM
When selling your private practice, determining the right price isn’t always a straightforward and simple process. You need to carefully consider your list price versus the selling price and see how they can affect the deal. Private Practice Transitions is here to explain the difference between these figures, go over what factors may influence them, and help you understand how to get the best possible sale price when closing a deal.
Topics: Blog
4 min read
Group vs. Solo Practice: Which One Is Right for You?
By Private Practice Transitions on Sep 24, 2024 7:46:20 AM
There are many important factors to consider when running your own clinic. You often need to look at what’s best for your patients and what works better for the clinic, your staff, and even yourself. One thing that can often help with running a clinic is turning it from a one-person show into a group effort.
Topics: Blog
1 min read
How Private Equity Is Changing the M&A Landscape
By Private Practice Transitions on Sep 11, 2024 12:09:05 PM
Private equity is a major force in the mergers and acquisitions (M&A) landscape, especially over the past few years. For private practice and business owners, understanding the effects of private equity on this domain is beneficial for strategic planning and growth. Private Practice Transitions is here to showcase how private equity is changing the M&A landscape and what you might be able to do about it.
2 min read
4 Types of Acquisition Agreements for Private Practices
By Private Practice Transitions on Sep 11, 2024 12:06:02 PM
Navigating the acquisition process is an important part of the process for both sides when buying or selling a company. Private Practice Transitions is here to sort things out by explaining four types of acquisition agreements for private practices. These methods are beneficial to the buyer and seller and can explain the transfer of power from one side to another.