Welcome back to the Deal Room Podcast! Today’s episode is part of the State of the Market Series – and host Joanna Oakey is joined by a seasoned expert in medical practice sales, Sally Stuart.
Sally shares her insights into the most recent industry trends, including the recent spike in interest in buying and selling, and the different types of sales possible in this sector. She dives into the many nuances of the medical industry – the generational changes that are at play, regional vs urban trends, and younger practitioners coming forward for clinic ownership where practitioners are ready to exit – but not entirely.
She also shares very practical tips on transitioning to exit, preparing your practice for market and first-hand lessons learned.
Whether you’re a busy doctor looking to step away from your practice or someone concerned about what to do when you retire, this episode is packed with valuable insights and advice.
Get your earbuds ready – tune in now to The Deal Room Podcast with Sally Stuart.
Episode Highlights:
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- [00:01:47] State of the market in medical practice sales
- [00:03:20] Impact of COVID-19 on doctors and practice vacancies
- [00:04:39 ] Changes in the medical industry
- [00:08:14] Financial considerations and timing for selling practices
- [00:11:23] Transitioning into retirement
- [00:13:39] Big sales in regional areas
- [00:15:46] Tips or tricks in the current market for our buyers or our sellers
Connect with Sally Stuart
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iTunes: https://podcasts.apple.com/au/podcast/the-deal-room/id1267098895
Our Business Sales and Growth by Acquisitions Services
Aspect Legal has a number of great services that help businesses prepare for a sale or acquisition to help them prepare in advance and to get transaction ready. And we’ve also got a range of services to help guide businesses through the sale and acquisition process.
We work with clients both big and small and have different types of services depending on size and complexity. We provide a free consultation to discuss your proposed sale or acquisition – so see our show notes on how to book a time to speak with us, or head over to our website at Aspectlegal.com.au
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