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GP20 Wellbeing Zone - Financial

William Buck

Buying and selling a GP practice

William Buck is a national Chartered Accounting and advisory firm with offices throughout Australia. Each one of our offices has experienced advisors to the medical industry helping general practitioners and practice owners every day in all areas of their practice. Our size and experience means that we are able to provide ideas and solutions to clients throughout their careers. Whether you are commencing as a registrar, working in practice, have your own practice or even multiple practices, we are confident we can provide help you with any financial or business problems you may have. Even the ones you might not even know about!

In this video, Paul Copeland talks about the main points to consider if you are considering purchasing a practice or selling a practice. The information provided looks at the transaction from both perspectives – helping you to better understand the other side of the transaction. 

The presentation covers;

  • how a practice value is most typically determined;

  • factors impacting a practice valuation;

  • the main areas to consider when making a purchasing decision both financially and personally;

  • planning your exit time frame 

  • How to maximise the value on exit

  • tax considerations and concessions that may be able to reduce your tax from a sale.

Bringing together advisors from Business Advisory, Wealth Advisory, Tax and Superannuation, our team works seamlessly behind the scenes to ensure that careful consideration is given to all areas of your practice and personal financial affairs.  And, as your circumstances change, our advice will continuously adapt to your evolving needs.

Should you have any questions arising from the presentation please contact our team to find out how we can assist you.

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