Selling Your Business Archives

WHAT MIGHT BE YOUR PRACTICE VALUE

Recently you received two emails with links to a practice valuation calculator. We did not expect so many practice owners to click the links and try it out, what’s more, we didn’t expect so

Caution, Practice Owners! Are JV Partnerships a Sound Strategy?

Please Exercise Extreme Caution, Practice Owners It would be prudent for practice owners to exercise extreme caution when considering selling a share to a large corporation. There is a new corporate group

Should Your Practice Be Sale Ready at All Times?

ALWAYS BE PREPARED! “Forewarned, forearmed; to be prepared is half the victory” – Miguel de Cervantes I have had several requests from practice owners recently, requesting more information on

We didn’t have TIME: A really interesting story I hope you never become part of

I truly hope this will never be your story.About 3 months ago I came across a dentist who was diagnosed with a debilitating illness that would turn his life upside down.This 40-something year old dentist

Practice Readiness Part 3

Personal Timing, Business Timing, and Market Timing You’ll reap maximum return on the sale of your business when planning, preparation and timing come together. Assuming you’ve left sufficient time

Practice Readiness Part 2

Practice Readiness: Preparation for Sale, Assessment and Action Plan: If you want to succeed in selling your practice, Practice Readiness – being thoroughly prepared – is absolutely essential.

Practice Readiness: Part 1

I work with many specialist Accountants, Solicitors, Bankers, Finance Brokers, Specialist Valuers, to name a few. What I have learnt along the way is the practice may seem a great opportunity to a potential

10 Plus 1 Things to do before selling your practice

As a small business owner, selling your practice is a once-in-a-lifetime event. To get the most amount of profit, you need to plan ahead. Unlike selling a real estate or a boat, you need to start the

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