Deciding to buy an existing practice as a strategic growth initiative can be very rewarding and a rapid way to grow a revenue base. Planning and preparing are essential for a successful outcome. This PPT tries to outline the process of finding a suitable candidate firm as well as walk through the stages ad steps between and initial meeting and a signed contract. Good luck if this is a direction you are considering - keep pragmatism and analysis in front of enthusiasm and desire and you can be very successful.
This PPT was originally presented as part of a business class at CSU and touches on the high level of value, its importance, and its application in the environment many younger entrepreneur's find themselves. Value is more than a multiple on revenues or income, it is dynamic, can be defended and improved when the underlying drivers are understood.
Deciding to buy an existing practice as a strategic growth initiative can be very rewarding and a rapid way to grow a revenue base. Planning and preparing are essential for a successful outcome. This PPT tries to outline the process of finding a suitable candidate firm as well as walk through the stages ad steps between and initial meeting and a signed contract. Good luck if this is a direction you are considering - keep pragmatism and analysis in front of enthusiasm and desire and you can be very successful.
This PPT was originally presented as part of a business class at CSU and touches on the high level of value, its importance, and its application in the environment many younger entrepreneur's find themselves. Value is more than a multiple on revenues or income, it is dynamic, can be defended and improved when the underlying drivers are understood.