3 min read

How to Target the Best Buyers for Your Private Practice

By Private Practice Transitions on Mar 15, 2023 11:41:34 AM

Business has been good for your private practice for the past few years, but now you feel it’s time to sell it and move on to other profitable ventures. The only hurdle is that finding a buyer is not as easy as it seems. No matter how lucrative your practice is, you need to attract serious potential buyers to have any chance of selling it for top dollar. Fortunately, we have great ideas to make it work. Please read on to find out more.

Topics: Buyers Sellers Selling a Business
2 min read

Buying a Physical Therapy Clinic? How to Compete Against Large Buyers

By Justin Farmer on Oct 26, 2020 2:00:00 AM

Approximately 50% of physical therapy practices are known as “onesies” and “twosies.” This means that the practice is owned and operated by one physical therapist that runs one or two clinics. Although this business structure works very well for the physical therapist who owns the business, it also means the marketplace is fragmented, and many therapists are finding it more difficult to go up against big buyers.

Topics: Buyers Physical Therapists
2 min read

Four Unique Issues When Considering Technology Companies for Sale

By Justin Farmer on Oct 19, 2020 12:59:33 AM

If there is one industry that people can feel fairly safe entering, or starting a business in, it is technology. It is no secret that technology has come a long way in just the past 10 years, and that tech experts are only going to continue the upward trend by inventing new and exciting solutions every day. However, technology companies for sale come with some unique issues and if you do not know how to handle them, you could be setting yourself up for failure. Below are the four most common issues you will likely face when purchasing a tech company.

Topics: Buyers Technology Tech Companies
2 min read

Common Mistakes When Buying a Physical Therapy Practice

By Justin Farmer on Sep 30, 2020 2:12:02 AM

Buying a physical therapy practice can be a lucrative investment. However, regardless of the financial decisions you have made in your life, it is likely going to be stressful. It is easy to make any number of mistakes along the way, and any one of those errors could set you back, both financially and in opening your clinic. Below are the most common mistakes people make when buying a physical therapy clinic, and how to avoid them.

Topics: Buyers Physical Therapists
2 min read

Four Compelling Reasons to Buy an Accounting Firm

By Justin Farmer on Sep 24, 2020 2:00:26 AM

Certified public accountants (CPAs) have two choices when they want to start their own firm. They can start from scratch, purchasing or renting office space, and build their business from the ground up. Or, they can find an existing accounting firm for sale, purchase it, move in, and start running the business. Both options are attractive and hold many benefits for any CPA. However, below are four compelling reasons to buy an accounting firm, rather than start one up on your own.

Topics: Buyers CPAs Accounting
2 min read

The Benefits and Challenges of Starting a CPA Firm

By Justin Farmer on Sep 21, 2020 3:36:24 AM

Certified public accountants have two choices after earning their degree. They can strike it out on their own, or they can find a firm that is looking for qualified CPAs. The thought of starting a CPA firm and being in control of your own business may be too good to pass up, and it is true that this option has many benefits. However, there are also challenges that come with being independent, and it is important to understand what those are before you hang up your own sign.

Topics: Buyers CPAs Accounting
2 min read

What To Know Before Buying an Accounting Firm

By Tanya Farmer on Jul 6, 2020 9:48:00 AM

As exciting as it is to buy an accounting firm, you will also have many questions during the process that you’ll need to answer. You will want to know about the current clients within that firm, the employees, whether you will need additional staff, how you are going to market your new business, and much more. These are all valid questions, and you should ask them at some point in the acquisition process. But before buying an accounting firm, you need to ask yourself two important questions first.

Topics: Buyers Business Brokerage Accounting
2 min read

How To Keep Clients | Accounting Firm Clients

By Tanya Farmer on Jul 1, 2020 5:00:59 AM

Acquiring and retaining new clients is one of the biggest concerns for any accountant, second only to recruiting and retaining good employees. While client retention is a challenge for all accountants, it is of particular concern when purchasing an accounting firm. If you're worried about how to keep clients after an accounting firm acquisition, you’re in the right place. We have some tips to help your accounting client retention below.

Topics: Buyers Business Brokerage Accounting Client Retention
3 min read

Buy an Accounting Firm | Starting Your Own Accounting Firm

By Justin Farmer on Apr 13, 2020 1:54:27 AM

The prospect of owning your own accounting firm is an exciting one, but it also comes with a dilemma for CPAs. The two options available for CPAs who want to own their own practice is either venture out on their own and build an accounting firm from the ground up, or buy an accounting firm that is already up-and-running. When making this decision it is important to weigh the pros and cons. Below, you’ll find a list of pros and cons when it comes to starting your own accounting firm. 

Topics: Buyers CPAs Accounting
3 min read

Finding Accounting Businesses for Sale

By Justin Farmer on Mar 24, 2020 4:11:13 AM

When making any type of business acquisition, there is much to consider, and that is certainly true when acquiring an accounting practice. Finding accounting businesses for sale is hard enough, and there’s also the challenge of understanding the signs of good accounting firms that are worth the cost. Websites such as BizQuest, BizBuySell, and PrivatePracticeTransitions.com are a great place to start, but will only get you so far. If you’re considering buying an accounting business, keep these key considerations in mind.

Topics: Buyers CPAs Accounting