How
to make
the most
important
purchase of
your life.
Buying or selling a practice can be a complicated process. At Capital4HealthCare, LLC our only job is to help make it easier for you. We’d like to begin right here by giving you the same advice we often give our close friends about an important first step: choosing a practice advisor.
1. Impressions Count
Begin with a practice advisor who is a member of your professional association. Not all practice advisors are. Next, look for those who advertise a variety of practices in the locations and specialties which interest you. Interview several practice advisors. Find out how many years of experience they have. Ask whether they are involved in your professional association’s activities and functions. Look for one who knows the facts but also who makes it a point to find out exactly what your needs and desires are. Specific answers are important but so is a general impression of professionalism and willingness to help.
2. Big vs. Small
Bigger doesn’t necessarily mean better. Look for a practice advisor who’ll be able to do the best job for you. The advisor you will be working with is key, not the size of the office. We think your practice future deserves someone’s undivided, full-time attention.
3. Location
Like other professionals, practice advisors are specialists. Look for one who specializes in the area where you are planning to buy or sell. Ask where the majority of their sales have been during the past year and where they have the majority of their current offerings.
At Capital4HealthCare, LLC we’re specialists in providing prudent practice advice and exceptional practice finance solutions for dentists, ophthalmologists and veterinarians from coast to coast. Our knowledge can save you time and money because we know exactly what you should be considering and the comparative values of professional practices.
4. Money Counts
At Capital4HealthCare, LLC we identify the long and short term capital requirements of a practice and provide advice and assistance to:
• Determine the amount of financing that is needed and justified
• Obtain that financing for as long a term as it is needed
• Ensure the most favorable interest rate
The interest rate is not the most important part of the deal --- it is the proper balance of these 3 elements that makes for a great financing package. At Capital4HealthCare, LLC we realize the importance of fitting your practice transition into your overall investment strategy.
5. Look for our Logo
In addition to following the steps outlined above, we also suggest (in all due modesty) that you look for our logo on a practice which may have been pre-qualified by us. We think you’ll find our logo is a sign of experience, professionalism, integrity and thorough knowledge of dental, medical and veterinary practice finance solutions.