How Your Real Estate Choices Effect Your Practice Value

While not often discussed explicitly when searching for a location, the real estate you choose for your practice can have a significant impact on the value of your practice in a sale.  Real Estate is One of Your Largest Fixed Costs Real Estate is Typically the second or third largest cost for a practice behind …

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Choosing a location: Demographics and Competition

How are demographic studies used to help choose good practice locations? We use demographic studies in a couple of ways to help clients find good locations. The first, is breaking down large areas into sub areas. We then compare those chunks on important demographic variables for the client. We often use variables like the total …

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Medical Real Estate in the COVID-19 Shutdown

This has been quite the couple of weeks – a good reminder to be kind to one another and that we never know what’s coming down the pipe. At Practice Real Estate Group, we lean on our values in good times and bad and are here to make sure our clients make smart real estate …

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Starting a Practice vs Buying a Practice

Should I Buy a Practice or Start a New One? You have probably had colleagues both start practices from scratch, and purchase existing practices. With that you have undoubtedly heard that one or the other is “best” and that you’d be making a mistake if you went against their opinion. So what really is the …

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