Thinking of Selling Your Professional Practice

  • By Andrew Sirianni
There comes a time in most practices when the owner wants to convert his or her hard work into cold hard cash.

After the break over the new year, and in re-considering your plans for 2010, you may have decided that now is the time to sell your professional practice.

In fact, statistics show that over the next five years over 40 percent of small business owners intend on selling their business, which means that a buyers' market is rapidly developing.

This means that only some sellers will be able to get the prices they believe their business is worth. One of the ways in which a practice owner can make sure they get the best price is to pay attention to the timing and managing the process well.

If you're looking to sell your business, ensure it is advertised on the website that specialised in the listing of professional practices. This way, you can ensure that your practice is advertised to the correct audience.

As the leading and independent website advertising professional practices for sale, practice4sale.com.au is dedicated to helping you attract more potential buyers ... and getting you top dollar for your practice. And, by allowing you to keep your identity and location private, you can advertise with less risk of staff or competitors finding out about your plans, or your financial or operational details.

Practice4Sale provides a specialist service for the listing of professional practices for sale and professional partnerships on offer. We work hard to ensure that the listings on our site are industry specific and targeted to professional users. Listing a business on Practice4Sale is now even easier thanks to our new wizard that guides you through the creation of a listing.

If you are considering selling your professional practice, contact Practice4Sale to discuss some of the solutions we can provide you (or your broker) to advertise your professional practice to our wide base of professional practitioners. For further information, please call us on 03 9853 7542.



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