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.

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.

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.

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.

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.

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.

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.

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.

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.