Advantages of Buying an Existing Practice Over Starting a New One
When entering the healthcare industry as a dentist, med spa owner, cardiologist, gastroenterologist, or another medical professional, you’re faced with a major decision: is it better to start a new practice from scratch or purchase an existing one? While starting fresh can seem appealing, buying an existing practice often provides a range of benefits that […]
The Key to Unlocking Your Practice Potential
Unlock your practice’s potential with a partner you can trust. At ProMed Financial, we offer more than just financing—we provide the keys to your success. With tailored solutions, expert guidance, and a commitment to your growth, we’re here to help you thrive. Ready to take the next step? Let’s grow together! View this post on […]
How Much Capital is Needed to Open a Med Spa?
Opening a med spa can be a valuable business venture, integrating the growing demand for aesthetic treatments with a medical approach to beauty and wellness. As with any type of business venture, it requires significant capital to get started. The amount of capital needed can vary widely based on factors such as location, size, services […]
Working Capital Investment Solutions for You
If you’re in the market to buy a medical practice, it can be difficult to know where to start. The intricacies of healthcare financing and working capital loans can seem intimidatingly complex. That’s where the team at ProMed Financial comes in. We can provide you with expert advice for financing a healthcare facility so the […]
Is Now a Good Time to Buy a Dental Practice?
Timing can play a major role in the success of buying a dental practice. With the dental industry evolving and economic conditions in a period of transition, many prospective buyers wonder if now is a good time to make this investment. Here are some key factors to consider when evaluating when is the right time […]
Do I Need a Dental Practice Sales Broker?
Opting to sell your dental practice is a significant process in your career, and navigating the complexities of this stage can be daunting. This is where a dental practice sales broker becomes an invaluable partner. Here are compelling reasons why engaging a broker can be immensely valuable or a successful and smooth transition. Expertise and […]
Ready to Sell Your Medical or Dental Practice?
Ready to sell your medical or dental practice? At ProMed Financial, we understand that this is a significant decision. Our expert team is here to guide you through every step, ensuring a smooth and profitable transition. Discover how we can help you achieve the best value for your practice and start your next chapter with […]
Partnering with ProMed Can Help Preserve Your Practice’s Legacy
For many healthcare practitioners, their practice is not just a business but a culmination of years of hard work, dedication, and commitment to patient care. As the time comes to transition out of the practice, whether due to retirement, a career change, or other personal reasons, preserving the legacy built over the years becomes paramount. […]
Reasons a Dental Practice Broker is Valuable
When it comes to selling a dental practice, the expertise of a dental practice broker can be a great long-term value. Here are several reasons why working with a dental practice broker can be a smart move. Expertise and Market Knowledge Dental practice brokers specialize in the dental industry and have a deep understanding of […]
Why Financial Statements are Essential in Selling Your Practice
Financial statements hold an important role in selling your practice, serving as a reference for both you as the seller and potential buyers. These statements provide valuable insights into the financial health and performance of your practice, which highlights transparency and credibility to prospective buyers looking for as much as information as possible during the […]
