You put a lot of time and effort into building your practice to be what it is today, but you might be looking to retire or move on to a new business venture. Regardless, you want to make the right moves when it comes time to sell. Here are some common mistakes to avoid when selling your business and what you can do to work around them.
Neglecting Business Valuations
Many private practice owners will try to jump right into the sale, but it’s worth the time to go through a valuation process. Understanding the worth of your business is fundamental for setting a realistic and profitable selling price.
