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Broker Tip of the Month – August 2016

August 15, 2016
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A well maintained facility is very important when getting ready to sell your practice.  Buyers today expect a “clean” well maintained facility.  It is recommended to periodically evaluate your facilities ...

Broker Tip of the Month – July 2016

July 18, 2016
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The question asked is: Should I spend money on new equipment to sell my practice?  The answer is: Equipment does not sell a practice. Location and cash flow (or profitability) ...

Broker Tip of the Month – June 2016

June 15, 2016
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Profitable practices are well managed practices. The two big expenses you must manage successfully are COGS and staff expenses. Strive to have COGS at 20% of gross and staff expense ...

Broker Tip of the Month – May 2016

May 15, 2016
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In 85% of the practices TPSG has taken to the open market, the staff is not aware of the sale. ...

Broker Tip of the Month – April 2016

April 15, 2016
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Having a professional valuation done at least every three years lets you know its current value and what could be done to enhance its value. Three years is also a ...

Broker Tip of the Month – March 2016

March 15, 2016
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Preparing to sell a practice, includes improved management, if needed, beginning two (2) to three (3) years presale, to possibly raise value by tens of thousands of dollars in some ...

Broker Tip of the Month – June 2016

March 15, 2016
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Profitable practices are well managed practices. The two big expenses you must manage successfully are COGS and staff expenses. Strive to have COGS at 20% of gross and staff expense ...

Broker Tip of the Month – February 2016

February 15, 2016
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There are standard Landlord waivers and consents required by Lenders when a buyer purchases a Practice in a lease space that require the Landlord to subordinate certain assets to the ...

Broker Tip of the Month – January 2016

January 14, 2016
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If you are planning on selling your practice in the next five years, be sure to seek advice on how leasing new equipment could affect your sale. Be sure to ...

Broker Tip of the Month – Sep 2015

December 21, 2015
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The first step in selling a practice begins with a valuation of the business. In addition, a real estate appraisal should be done by a local appraiser certified in commercial ...

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