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.
4 min read
Necessary Research To Conduct When Buying a PT Clinic
By Private Practice Transitions on Sep 26, 2023 1:46:00 PM
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
The Ethical Obligations of Business Brokers to Their Clients
By Private Practice Transitions on Jun 22, 2023 2:06:00 PM
Finding a trustworthy business broker can be difficult, but at Private Practice Transitions, we always take ethical obligations to our clients seriously. Below, we’ll explain a few of the obligations every broker must have to provide quality service and insight to clients.
Topics: Blog
2 min read
Key Steps To Take After Purchasing an Accounting Business
By Justin Farmer on Jun 15, 2023 7:01:37 AM
The first few days, weeks, and months after buying an accounting business can worry many as new owners try to find their footing, and old employees worry about stability. Below, we offer some guidance on key steps new owners should take after purchasing an accounting business.