How To Get The Best Price And Terms When Selling Your Business With Ryan Kelly
Ryan Kelly is a Practice Sales Consultant at Practice Exchange, LLC. He is focused on optometry brokerage that sells dental & optometry practices nationwide.
It all started when Ryan’s dad was hinting at him if it’s something that he wants to do. Eventually, when he got into grad school and took his MBA, he then decided to take part in the company, Practice Exchange, LLC, since it is a family business after all. He started talking to doctors on a daily basis and realized that they have a fantastic profession. They're helping people on a daily basis, and then they create these assets that are very lucrative. But something that not many people understand is these lucrative assets, they're very volatile.
When he found out how many doctors ended up at the tail end of their career, sitting on a dying asset, it was something that kind of gave him a little bit of a rejuvenation, to really go out there and meet as many people as possible and help as many people.
In our conversation, we discussed:
- How their services help create and preserve more wealth for a particular doctor
- How to best leverage services and expertise to help grow the business
- Differentiate between practices for both dental and optometry
- Hard assets or Goodwill
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