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Selling your practice – make sure you do the right thing

5 April 2016

Without doubt, we’ve all been faced with a decision or situation where we have known what the right thing to do is, but paused before jumping in.  Some decisions are not always as straightforward as you might think or hope, and you can often be left pondering the dilemma, “Should I or shouldn’t I?’

Thankfully, in the majority of cases, doing the right thing is more straightforward, and it’s easy to decide on the right course of action to take.

At Frank Taylor & Associates, our belief in ‘doing the right thing’ is part of our daily business and the honest, trustworthy service we provide to all our clients.  The ‘doing what is right’ gene is strong and permeates all elements of our business.   Whether our clients are buying a practice with us, selling a business through us that they’ve worked hard to build up over many years, setting up a compliant workplace pension scheme, or just asking us for our expert advice, we know that what we’re doing is the right thing for each and every one of them.

The decision and manner in which to sell a business is no different.  Selling on the open market is the right thing to do.  You’ll reach the widest audience, and you’ll ultimately achieve the best price possible.

Equally, if you’re selling your business through an agent, you should expect to pay a commission fee. That way, you can be confident that your sales agent is working on your behalf and will have your best interests in mind at all times.

You might be asking why?

Well, that’s simple….. the person paying for the service should always be accountable, and it’s the right thing to do!

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