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The TEC ReportAuthor: Brad
The TEC Report is all about helping business owners survive and thrive in today's challenging and ever-changing times. We're all about sharing ideas so your business can create higher value so you can grow, merge with another business, sell, or simply create something to pass on to your family.If you enjoy the podcast or know of someone you feel would be a terrific guest, please email us at:Brads@transitionalequity.net www.transitionalequity.net Language: en-us Genres: Business, Entrepreneurship, Health & Fitness, Medicine Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Is Your Practice a Generalist or a Specialist? This Could Hurt...
Episode 34
Saturday, 30 August, 2025
Almost all medical practice owners are phenominal in their speciality. It is their extreme knowledge and ability to combine that knowledge with skills to be at the top of their field and make a difference in their patients' lives.Then it happens. The practice owner decides he/she wants to sell or partner with someone to grow. They are approached by a potential suiter who makes them an offer and they feel they can save thousands in commissions if they just partner or sell to that suiter. Congratulations!!!Or maybe congratulations are NOT in order. That practice owner has gone from an expert to a novice when it comes to selling their practice. Abraham Lincoln was once quoted as saying... "Only a fool represents themselves". Maybe there is something to that! How much money did that practice owner leave on the table? How much aggravation is the result from a deal that is not structured properly? What about taxes? So may questions that most simply don't even consider.You have now become a "generalist" in the transaction space and you are going up against seasoned professional buyers who know all the tricks of the trade to get the most for their money (and the least for you!)Join Brad and Joe as they bring up some real concerns that many owners don't consider until it is too late.
