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
4 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.

Topics: Blog
2 min read

Starting vs. Buying a Physical Therapy Practice

By Private Practice Transitions on Nov 6, 2023 1:39:00 PM

Deciding to open a physical therapy (PT) practice can be an exciting and rewarding experience. However, choosing between starting a practice from scratch and purchasing an established practice is not always simple. Below, we’ll break down the key differences between starting and buying a physical therapy practice, exploring the starting investment, the risk, and more.

Topics: Blog
2 min read

Buying a Business With Intangible Assets: What To Know

By Private Practice Transitions on Oct 30, 2023 6:48:03 AM

When considering buying a business, it’s critical to know as much as possible about tangible and intangible assets. Intangible assets play a significant role in the overall value of a business, and understanding their significance is crucial when deciding to buy a business. Keep reading to learn what intangible assets are, why they matter, and what you need to consider when buying a business with intangible assets.

Topics: Blog