Are you considering selling your practice, either now or in the foreseeable future? Would you like to learn what it is that you need to do in order to get your practice market (and buyer) ready? Then join us for a most informative event, covering:
Preparation at the Start
Physical presentation; The lease; Practice records; Removing poor financial practices.
Understanding practice value (multiples); Data required; Why get a professional valuation?; What’s in a valuation anyway?
What does it mean?; Why do I need it?; What could DD uncover that I wouldn’t otherwise know about?
Agents & Agency
What an agent/broker does; Why would you use an agent?; What’s in an agency agreement?
Who are you selling to? Partners or associates? External private buyers? External group/equity buyers?
The Buyer – What do they Need
Appraisal; Accounts; Practice records; What are they buying? Shares? Trust? Outright purchase?
Think now, not when you want to sell; Consider tax implications of the sale.
Case Study of a Successful Practice Sale