Which of Your Financials Will Buyers Want to See When Selling Your Physical Therapy Practice

10/02/2023 8 min Episodio 86
Which of Your Financials Will Buyers Want to See When Selling Your Physical Therapy Practice

Listen "Which of Your Financials Will Buyers Want to See When Selling Your Physical Therapy Practice "

Episode Synopsis

If you’re thinking of selling your therapy practice, have you wondered which financial documents you need to have ready to present to your potential buyer? How important is it to prepare your documents when selling your business in order to get the best price in the market? This week's The Dave Kittle Show episode, Dave Kittle goes solo and talks about the list of financial documents you will need to provide to your potential buyer that are typically needed when selling a business and how your advisor or broker will help you gather all of the necessary paperwork that will help you make an informed decision about selling your practice, together with the collaboration of your legal team. In this episode, he will touch on such topics as:Potential buyers will make you execute and sign a mutual and non-disclosure agreement with them. You have to present your tax return and income loss statement in the last 3 years until the present.Some buyers wanted to see your proof of funds, depending on the price value of the practice. Some buyers will look at your practice internally, this includes the lease or rent agreement, your medical billing, your employees productivity, etc. P.S. Subscribe, rate, and review HereAnd, if you like what you hear from the host, Dave Kittle, then it's possible that he and his team, The Fieldmaker Group, may be interested in acquiring some or all of your physical therapy practice.Connect with him on:Email: [email protected]: @davekittleLinkedIn: https://www.linkedin.com/in/davekittle/orCall (646)-781-8884 Hosted on Acast. See acast.com/privacy for more information.