Private Practice Transitions


Recent posts by Private Practice Transitions

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.

2 min read

The Role of a Non-Compete & Non-Solicitation Agreements in a Business Sale

By Private Practice Transitions on Aug 2, 2024 9:19:41 AM

There may come a time when you’re ready to sell your practice and move on to your next big adventure. While there’s a lot of important paperwork to consider for any big sale, the non-compete and non-solicitation agreements are vital. Understanding the role of a non-compete and non-solicitation in a business sale is crucial as these agreements protect the buyer and seller’s interests.

2 min read

Can You Stay On After Selling Your Business?

By Private Practice Transitions on Aug 2, 2024 9:01:55 AM

There are many good reasons to sell your private practice. However, we know that the thought of completely walking away from the profession is not for everybody. You may be wondering if you can stay on after selling your business. Oftentimes, you will be strongly encouraged to do so, even if you’re no longer running the show.

4 min read

Everything You Should Know About Business Credit Scores

By Private Practice Transitions on Jul 2, 2024 11:20:51 AM

We often hear about business credit scores, but how much do we really know about them? For small business owners and entrepreneurs, understanding this financial data can be the key to unlocking growth opportunities. Whether you’re seeking financing, negotiating better terms with suppliers, or simply building a strong financial reputation, your business credit score plays a crucial role. Private Practice Transitions is here to discuss everything you should know about business credit scores, from what they are to why they’re important. We’ll also share some helpful tips on how you can raise yours over the years.

4 min read

How To Quickly Close a Loan With the SBA

By Private Practice Transitions on Jun 10, 2024 8:11:41 AM

Navigating the process of obtaining a Small Business Administration (SBA) loan can seem like a difficult task, especially when your goal is to quickly close the deal. Whether you’re looking to buy, sell, or grow a small private practice business, understanding how to quickly close a loan with the SBA is essential. Here are a few helpful tips on how to deal with the SBA and how to come out on top.

2 min read

What’s the Best Time of Year To Sell a Private Practice?

By Private Practice Transitions on Jun 6, 2024 12:08:26 PM

Selling a private practice requires careful planning and timing, and understanding the best time of year to sell can make a substantial difference in the outcome. What is the best time of year to sell a private practice? Private Practice Transitions is here with helpful advice.

Topics: Blog
2 min read

Metrics To Look at When Buying an Accounting Firm

By Private Practice Transitions on May 23, 2024 10:45:23 AM

There are many good reasons to consider purchasing an accounting firm. However, you want to consider several different factors when figuring out if a company is right for you. Obviously, market factors point to buying when a company is doing well, but there are many other metrics to look at when buying an accounting firm that you should pay attention to.

4 min read

How To Transfer the Lease When Selling a Business

By Private Practice Transitions on May 10, 2024 10:01:38 AM

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.

Topics: Blog
2 min read

What's The Impact of Inflation on Business Sale Price?

By Private Practice Transitions on May 9, 2024 5:55:37 AM

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