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Top 12 things to consider when valuing and preparing your clinic for sale

1. The timing: You should plan your exit strategy right from the beginning. If you plan on selling to key employees or to an outside buyer there are different things to consider for each scenario. …Read more

In order to run your clinic using business best practices, your clinic must have a structure for pricing the services and products you are providing.…Read more

The following is a list of business types: Sole proprietorship (self employed) – A sole proprietorship is an unincorporated business owned and managed by one individual. Sole proprietors are fully responsible for all debts and obligations related to their business. A creditor with a claim against a sole proprietor would normally have a right against […]

Many owner managers include senior employees in their succession plan, either because of previous commitments, because they feel the employees “deserve” the opportunity, because the represent the best possible buyers, or because of some combination of these factors. This can work very well for the owner manager, for the senior employees, and for the company, […]

Factors That Must Be Considered When Assessing Physiotherapy Business Risk and Expected Profit Margins INCREASING COSTS 1. Leasing costs are increasing significantly in some centers across Canada. 2. Some new leases are requiring Personal Guarantees. 3. Costs of renovating and new build-up construction costs are increasing significantly. …Read more

Clinic Owners and Associates have a variety of remuneration arrangements. Since the profession was de-listed from MSP in 2002, there has be a great deal of discussion and information exchanged with the profession regarding the contract issues between clinic owners and physiotherapy associates.  For many owners and associates it has been difficult to come up […]

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As health care professionals, physiotherapists are exempt from both charging and paying GST/PST on all services that directly relate to the improvement of both physical and mental health and well-being. Given such services are not deemed ‘commercial’ they and many associated costs are exempt from such taxation. …Read more

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