“When should I sell my practice?”
I’m going to give you the often frustrating answer of …
“It depends.”
Ok, that’s probably not all that surprising.
But the question of when to sell your practice depends largely on you, your practice, and your goals.
And then you also take into consideration the environmental factors (what’s going on in the economy, etc).
Understanding yourself and what you’re trying to accomplish is an important first step.
As far as the second …
The biggest mistake I see practitioners make is to try to time the market with the sell of their business.
I talk about that more here.
The short answer though is … you can’t time the market. But you CAN take all the indicators into account to help guide your decision.