Private Practice Transitions


Recent posts by Private Practice Transitions

4 min read

Necessary Research To Conduct When Buying a PT Clinic

By Private Practice Transitions on Sep 26, 2023 1:46:00 PM

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

By Private Practice Transitions on Sep 21, 2023 1:48:00 PM

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.

Topics: Blog
2 min read

Retaining Clients When Buying an Accounting Practice

By Private Practice Transitions on Sep 11, 2023 7:25:26 AM

Client retention is critical to the success of an accounting firm after a purchase or a merger with new ownership. We offer tips for retaining clients when buying an accounting practice.

Topics: Blog
5 min read

Keeping Key Staff After an Accounting Practice Purchase

By Private Practice Transitions on Sep 6, 2023 7:37:55 AM

The staff is one of the most important variables in the transition of an accounting practice, or any private practice, from previous to new ownership. Below, we’ll explore the benefits of staff retention and offer strategies for keeping key staff after an accounting practice purchase.

Topics: Blog
2 min read

What To Expect When Closing on a PT Practice Purchase

By Private Practice Transitions on Aug 30, 2023 1:51:00 PM

The closing can be the most exciting and fraught time of a physical therapy (PT) practice purchase, as months or even years of preparation and negotiation finally come to an end. We’ll explore what to expect when closing on a PT practice purchase, from the preparation to the closing day.

Topics: Blog
2 min read

Buying a Niche Accounting Practice: Key Factors To Consider

By Private Practice Transitions on Aug 25, 2023 1:58:00 PM

Niche accounting practices can be exceptionally smart purchases for those looking to invest in a lean and profitable practice. Below, we explain the key factors to consider when buying a niche accounting practice, from the type of industry niche to its value.

Topics: Blog
2 min read

Selling Your Accounting Practice Internally vs. Externally

By Private Practice Transitions on Aug 24, 2023 2:02:00 PM

One of the first critical decisions when selling your accounting practice is whether to sell internally or externally. We’ll explain what practice owners need to know about selling internally and externally and provide tips for an amicable and profitable sale.

Topics: Blog
5 min read

What Is EBITDA & Why Is It Critical for Business Valuation?

By Private Practice Transitions on Aug 7, 2023 7:43:47 AM

Knowing how to accurately calculate a business’s EBITDA is one of the most important factors when buying or selling a business. But what does EBITDA mean, and why is it critical for business valuation? We answer those questions and more in our guide to EBITDA valuations below.

Topics: Blog
2 min read

Preparing Your Employees for the Sale of Your Business

By Private Practice Transitions on Jul 31, 2023 7:21:38 AM

For many owners, one of the hardest parts of selling a business is informing their staff of the sale and impending transition. If you’re considering selling your business or need to prepare your employees for the sale of your business, we’ve got some helpful tips to make the transition easier.

4 min read

2023 SBA SOP Changes

By Private Practice Transitions on Jul 18, 2023 11:30:00 AM

The US Small Business Administration (SBA) assists eligible borrowers in accessing SBA-backed financing. The loan guarantees competitive terms, lower down payments, and continued customer support, depending on the lender. It is, therefore, the best option for starting a business if you don’t have capital or if you require cash to expand an ongoing business.  

Topics: SBA Loans Small Business Administration