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.

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.

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.

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.

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.

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.

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.

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.

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.

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.