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Building a Counseling
   Practice to Sell
       Thriveworks.com
How can I build a practice that will...
      Stay in Business?
How can I build a practice that will...
        Not get Sued?
How can I build a practice that will...
         Help Clients?
How can I build a practice that will...
 Could one day be sold?
Even if you’re just getting started
   It’s not Too Early
Reasons to Sell
Relocate
Change Career / Focus
Retirement
To Get you in the Mood...
The Second Half
The Problem
An “Unsellable” Business
Do you know what your
  practice is worth?
Multiple of Revenue
EBITDA
Rough Formulas
Often, an investor will want
to recoup investment within
           3 years
12 Ways
to Build Value
1) Brand
2) Grow Beyond a Solo
       Practice
3) Don’t leave potential
      unrealized
“Potential co-operative marketing with
other health related professionals in same
location. Potential to expand professional
 referral network, expand hours/days of
operation or add complementary services.
 Huge potential to leverage social media
marketing for targeted local advertising.”
4) Consider an Earn Out
5) Finance the Buyer
6) Focus on New Clients
Which is Worth More?

 A practice with four clinicians, all with full
caseloads of long-term clients. The practice
receives 20 new client inquiries per month.

A practice with two full-time clinicians, and
    100 new client inquiries per month.
7) Credentialing
8) Committed Staff
9) Quality Assets
10) A Good Lease
11) Honest & Open
12) Finish Strong
Final Thoughts:
   Letting Go
Dr. Anthony Centore
           Dr. Fred Milacci

Thriveworks.com/Private-Practice
    1-855-4-THRIVE

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