Minimize Risk and Reap the Highest Profits in Buying or Selling Your Medical or Dental Practice

Posted on 19 January 2012

“We live in interesting times.”

When U.S. Senator Robert Kennedy first spoke those words, he was referring to the 1960s, a time of great social strife and strides.  Had the Senator lived to experience current times, his now-famous quote would be just as telling.  In this fluctuating, often frightening economy, all the rules have changed.  Businesses once deemed eternally safe now face uncertain risk.  Business owners and professionals who once toiled in certain fields now seek to reinvent themselves in order to remain relevant in a rapidly changing, highly demanding job market.  The same is true of practices long compelled to operate as businesses: clinical practices specializing in various aspects of medicine, dental practices, legal practices, accountancy practices, veterinarian practices, and more.

Should you — the professional, the investor, or group of investors — search for Practices for Sale, you can, if misguided or misinformed, easily fall prey to the unscrupulous, particularly in this shaky economy.  It is imperative therefore, that buyers and sellers engage the services of a trusted practice valuation and brokerage firm, such as the Practice Sales Group of the U.K.

Unlike other such firms, Practice Sales Group assigns a team of professionals to your specific situation.  Armed with knowledge of general market trends, the market trends impacting your particular field, and sound financial acumen, the firm performs its due diligence with the utmost of care.  However, it does not restrict its analysis of your investment to mere numbers on a spreadsheet.

The team pays actual field visits to the practice that you seek to buy or sell, so that the resulting valuation is both extremely accurate and unbiased.  And, they are skilled in matching the right practice with the right buyer.   Practice Sales Group requires that fees for their services be paid in advance; however, if the purchase or sale of the practice in which you are interested is not consummated, the firm will refund your money.  The company also provides appropriate advertising vehicles by which to market your practice, or advertise for the purchase of one.

Clearly, if you are seeking Accountancy Practices for Sale, Dental Practices for sale, or any other type of professional practice, you will want to turn to those with solid experience and an impeccable reputation in the field.  You will want to turn to Practice Sales Group. 

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