Pros & Cons of using a Broker to Sell Your Physical Therapy Practice with Donny Orengia

Are you a physical therapy business owner, who is ready to sell your practice, but wondering — is having a broker worth it? What are the pros and cons of having a broker that will help you through the process? How can their expertise help your business in the best light? This week's The Dave Kittle Show episode, Dave Kittle goes solo to interview Donny Orengia. Donny is currently the Director of Business Development with Main Street Therapy Partners. He started his career with Main Street Therapy Partners 8 years ago when he found an opportunity to grow their outpatient division from 2 locations to now 14 locations. Using a geographically agnostic partnership approach, they acquire practices while maintaining the existing branding in efforts to uphold the practice reputation in their respective communities. Learn more about Main Street Therapy Partners at: https://mainstreetpt.net/our-physical-therapy-clinic/In this episode, they will touch on such topics as:  How much bandwidth someone should have to take on potential due diligence.Working with a potential broker will depend on the size of the practice, the dedicated time, and how you understand the process. Even if you are not working with a broker, you’ll work with your own legal team and accountant where you can save yourself with 8%-10%, and you will also get to learn a lot through that process. If a broker doesn't take you across the finish line, the owner is likely still going to be searching for their exit strategy and a partnership that will help them set up for success. P.S. Subscribe, rate, and review HereConnect with Donny on: LinkedIn: https://www.linkedin.com/in/donny-orengia-515256b6/And, if you like what you hear from the host, Dave Kittle, then it's possible that he and his team, The Fieldmaker Group, may be interested in acquiring some or all of your physical therapy practice.Connect with him on:Email: [email protected]: @davekittleLinkedIn: https://www.linkedin.com/in/davekittle/orCall (646)-781-8884 Hosted on Acast. See acast.com/privacy for more information.