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ABS Blog

Buying & Selling Medical Practices

Buying & Selling Medical Practices

Published : 24 Nov 2020 Comments :

By Philip Kendall | ABS Business Sales Who is the Buyer ? Traditionally, Doctors have been the principal owners. New business models and an ever-changing market environment has seen the entry of Corporate groups acquiring numerous Medical Practices. Doctors wishing to focus on the care of their [...]

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Steps of Preparing a Medical Centre For Sale

Steps of Preparing a Medical Centre For Sale

Published : 16 Nov 2020 Comments :

Start early. It usually takes a few years to prepare a business for sale and find the right buyer. Prepare financials documents.  Past three years (ideally four years) of profit and loss statements for the business. Plus any explanatory notes.  Your accountant should easily have these [...]

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How to Sell Your Dental Practice

How to Sell Your Dental Practice

Published : 11 Nov 2020 Comments :

If you’re looking to sell your dental practice, there are various different agreements you can enter into with the buyer. The structure of the deal created can actually be more important than the ultimate purchase price.   1. Valuation The selling process will usually start off with [...]

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Why are Non-Dentists Buying Dental Practices?

Why are Non-Dentists Buying Dental Practices?

Published : 9 Nov 2020 Comments :

The ownership of Dental Practices by non-dentists is growing. The implementation of deregulating the Australian dental system has opened the door for non-dentists to buy their own practice. A number of practices are now owned by Corporates or Individuals who are not dentists but have worked in the [...]

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Let's be Frank

Let's be Frank

Published : 11 Dec 2018

One of my Mergers and Acquisition colleagues pointed out some statistics to me that are based on US small business experience which is very likely to be replicated in Australia. Firstly, only about 20% of all businesses for sale will ever sell. Secondly, 90% of all of people who search to buy a [...]

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