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
4 Types of Acquisition Agreements for Private Practices
By Private Practice Transitions on Sep 11, 2024 12:06:02 PM
Topics: Blog
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
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
2 min read
Exit Strategy Tips for Private Practice Owners
By Private Practice Transitions on Apr 23, 2024 11:39:53 AM
For private practice owners and entrepreneurs, the transition out of their business is a crucial chapter that requires careful planning and strategic thinking. To ensure a smooth and satisfactory exit, it's vital to lay the groundwork early on and address key aspects that will impact the transition. Below, we offer some useful exit strategy tips for private practice owners considering selling and retirement.
Topics: Blog
2 min read
4 Questions To Ask a Potential Business Buyer
By Private Practice Transitions on Apr 8, 2024 9:22:35 AM
Selling your business is a significant decision that can shape the future of your professional life, and asking the right questions when negotiating with potential buyers is crucial. It’s your chance to ensure that your legacy lives on in capable hands and that your vision for the business continues in ways that align with your values and the company’s culture.
Topics: Blog
4 min read
5 Reasons To Consider Working in Private Practice
By Private Practice Transitions on Mar 29, 2024 8:42:38 AM
Professionals across various fields are increasingly drawn to private practice’s promises of freedom and fulfillment. Private practices—wherein one operates independently, creating procedures, policies, and personal brand —have seeded fertile ground for a blossoming entrepreneur breed within various sectors.
Topics: Blog
4 min read
Avoid These Mistakes When Selling an Accounting Firm
By Private Practice Transitions on Mar 8, 2024 10:30:37 AM
Navigating the maze of accounting firm sales is a task laden with potential pitfalls. Whether you are eyeing the market to downsize, retire, or expand your portfolio, you know that understanding and sidestepping common mistakes could be the key to a successful sale.
Topics: Blog
4 min read
10 Strategies for Evaluating a Potential Buyer
By Private Practice Transitions on Dec 20, 2023 8:39:19 AM
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
What Do Business Buyers Look for in a Business
By Private Practice Transitions on Dec 11, 2023 1:36:00 PM
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.