Selling a Business Archives - Turning Point Advisors

The Value of Physical Therapy Practices: When is the right time to sell your practice?

Tom Long January 27, 2021 Business Valuation, Selling a Business Physical therapy, Practice Value, PT, Sell my company

The start of a new year typically inspires resolutions. Given the challenges of the past year those resolutions may revolve more around spending time with loved ones or contemplating the future of your therapy practice. Now on top of those challenges, as an owner of a physical therapy practice you are faced with an average reduction of 3.6% in Medicare payments effective January 1, 2021….
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A Word About Confidentiality When Selling my Business

Tom Long October 9, 2019 Selling a Business

We understand the sensitivity of taking your company to market as well as the risk of disseminating information about your business. It is a balancing act. Certain information in the wrong hands could damage your relationships with customers, supplier and employees. On the other hand, buyers need information so that they can determine what price to offer you for your business. Our multi-step process is…
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How to Build Strength Today in Your Company Through Exit Strategy Planning

Zach Corson June 10, 2019 Selling a Business Business Broker, investment banking, Sell my company

We reach out too many business owners about the value exit strategy planning can add to their businesses today and many are very hesitant to even think about exit strategy planning. It is often that we get responses like these: Selling the company is not something I am ready to think about I am too busy to put time into something that is so far…
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Hold or Sell? A Bird in the Hand

Zach Corson May 16, 2019 Selling a Business Business Broker, investment banking, Sell my company

Summary – Holding on to your business for an extended period of time will usually not give you the same financial reward as selling. This article addresses the fallacy that holding a business for the number of years equal to a multiple of EBTIDA will net a business owner the same amount of cash after taxes. The numbers don’t lie and the truth is that…
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Now May Be The Time To Sell Your Home Health Care Business

Turning Point Advisors January 27, 2019 Selling a Business

We all know that the baby boomers are aging. Those who own home health care businesses are benefiting as a result because there is increasing demand for these services. There is consolidation among industry players and there are investors who want in the game. There may never be a better time to sell a home health care business because there is high demand and sellers…
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Don’t Want To Roll the Dice When You Sell a Business?

Turning Point Advisors January 22, 2019 Business Valuation, Selling a Business

Don't Roll the Dice When It's Time to Sell Your Business

Many times, business owners approach us telling us what they “need” when they sell their businesses. That is the only thing on their minds. They have not thought about the legal and financial issues that need to be addressed. For example, most have not worked through whether the proceeds from the sale of the business will be sufficient to support them post-sale. Also, many business…
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