Welcome to the Physio First Solo Practitioner & Associate Register! We're excited to share this valuable resource with our members and ambitious Associates, designed specifically to support you in selling or buying a Solo Practitioner Business when the time is right.
A solo practitioner business is defined as those with a turnover of less than £150,000, where 80% or more of revenue is directly attributed to the owner – because the revenue is mostly attributed to the owner, most buyers consider it more of a job than a saleable business. In this case, the cost of a fully brokered service may outweigh the benefit. So, for those looking to sell a Solo Practitioner business, a DIY sale may be the only option
With this in mind we have, with Verilo, created our free Physio First Solo Practitioner & Associates Register that:
- is designed to facilitate members with solo practitioner businesses who are looking to sell a caseload
- is free of charge to member sellers and all associate buyers
- has a range of specially developed resources that anyone thinking of selling or buying a practice can benefit from.
The resources are specifically designed to help those with Solo Practitioner Businesses, and ambitious Associates, where the services of a broker do not make economic sense and include:
- This Online Register: A platform to help advertise Solo Practitioner Businesses.
- Valuation and Selling Resources: Templates, samples and a guide to help with the valuation, assembling the necessary information, producing and addressing sellers' questions, and advertising confidentially. We also cover how to manage GDPR issues related to patient records and personal information and much much more.
Additionally, as a member, you'll have access to:
- 30 Minutes of Free Advice from Verilo: Benefit from expert advice to help navigate the complexities of selling your practice.
- Informative Articles and Guides: As this register develops, we will continue to build a comprehensive library of articles and guides to support you through every step of the selling process.
We're committed to making solo practitioner practice sales and purchases as smooth and successful as possible, so please:
- explore the Physio First Register and take the first step
- remember, this do-it-yourself process is only available to solo practitioner businesses that meet the criteria and is not recommended as an alternative to using a broker.
Physio First and Verilo have produced a guide for Physio First members who are owners of Solo Practitioner Businesses (SPBs) and prospective associate buyers. We have defined an SPB as those with a turnover of less than £150,000, where 80% or more of revenue is directly attributed to the owner.
Click on the image to view our selling and buying guide
