There are many internal and external factors that influence a sale or partnership. If you are considering if it is the right time to sell your business, you should think about both internal and external factors to help you make a decision. This guide can help you with those considerations.
Buyers purchase a practice based on current economics. This valuation takes into consideration the overall health of the practice – due in large part to a strong company culture and good staffing.
Setting expectations for long-term and short-term gains when selling your practice.
After decades of hard work, you have built a practice worth selling. If selling a medical practice to private equity or corporate buyers is an option for you, congratulations on getting to this point in your career.
Selling your practice is a milestone moment in your life. You have spent a career building up a healthy and successful practice and are looking for a buyer who will affirm the value of your work.
If you’re thinking about selling your medical or dental practice, it’s important to act quickly and get professional help from a broker. The longer you wait, the more money you could lose. Brokers understand the financial trends and can help you get the best possible price for your business. They will also navigate the stressful process and advocate on your behalf.
Looking for the best way to sell a dental practice? Our most experienced advisors at Practice Transitions Group would say the best way to sell a dental practice is to be prepared.
As a medical entrepreneur, investing in real estate for your office is likely to be the most crucial decision you’ll make during your career. After years of balancing school and life decisions, making another enormous investment in yourself is a huge accomplishment that also comes with a lot of stress.
Planning for a practice transition? You owe it to yourself to answer this question first.
Taylor shares stories from entrepreneurship and insight on the medical transitions industry.