Business Law

Ask a business lLawyer. Get business law questions answered ASAP.

Ask a Lawyer,
Get an Answer ASAP!

I am a Physical Therapist working/living in NM. I am considering…

Customer Question
I am a Physical Therapist...
I am a Physical Therapist working/living in NM. I am considering acquiring an outpatient PT private practice. I have been in touch with the property/practice broker. He has emailed me the CBR. Is this a golden opportunity or do PT practices or is this something that happens frequently in San Diego,CA?
Submitted: 6 years ago.Category: Business Law
Show More
Show Less
Ask Your Own Business Law Question
Answered in 7 hours by:
2/3/2012
Business Lawyer: Fran-mod,
 replied 6 years ago
Fran-mod
Category: Business Law
Satisfied Customers: 48
Verified

Hi, I’m a moderator for this topic and I wonder whether you’re still waiting for an answer. If you are, please let me know and I will do my best to find an Expert to assist you right away. If not, feel free to let me know and I will cancel this question for you. Thank you!
Ask Your Own Business Law Question
Customer reply replied 6 years ago
Yes, still waiting.
Business Lawyer: Fran-mod,
 replied 6 years ago

Sometimes, finding the right Expert can take a little longer than expected and we thank you greatly for your understanding. We’ll be in touch again shortly.
Ask Your Own Business Law Question
Business Lawyer: Law Educator, Esq., Attorney replied 6 years ago
Law Educator, Esq.
Category: Business Law
Satisfied Customers: 125,784
Experience: All corporate law, including non-profits and charitable fraternal organizations.
Verified
I am afraid we do not understand specifically what you are asking about "golden opportunity" and is this common practice. Can you please explain more and clarify what you are asking so we can help you.
Ask Your Own Business Law Question
Customer reply replied 6 years ago
RE:Golden opportunity
Is an outpatient PT private practice that is for sale a rare occurrence that I should take advantage of?
Business Lawyer: Law Educator, Esq., Attorney replied 6 years ago
We cannot say that this is a rare occurrence, you as the buyer have to conduct your due diligence into the practice to determine exactly why it is being sold (the owner may be ill or needs to move or is just retiring or it could be because the practice is in financial hardship). You need to not only look at the patient records and number of patients, but you need to get permission from the seller to verify bank income records and also to contact insurance companies they deal with to verify their billing reports. There is much more to this to know if it is a good deal or just someone looking to dump a practice that has not been profitable to them and generally parties looking to make this type of purchase from out of state hire a CA corporate attorney to conduct a due diligence investigation into the business before buying it.



I hope you found my answer helpful, please click on the GREEN ACCEPT button above for my answer. This is necessary for me to be paid for my work and so that I can get credit for assisting you. Your question will not close, and you will still have the opportunity to follow-up if needed. Leaving a bonus and positive feedback is not required, but doing so is certainly appreciated!

If you have additional questions, please keep in mind that I do not know what you already know or don't know, or with what you need help, unless you tell me. Please consider that I am answering the question or question that is posed in your posting based upon my reading of your post and sometimes misunderstandings can occur. If I did not answer the question you thought you were asking, please respond with the specific question you wanted answered.

Also remember, sometimes the law does not support what we want it to support, but that is not the fault of the person answering the question, so please be courteous.

PLEASE NOTE WELL, LEGAL ANSWERS TAKE MORE THAN “MINUTES” TO PUT TOGETHER AS WE ARE DEALING WITH LAWS OF 50 STATES PLUS FEDERAL LAWS, AS WELL AS DEALING WITH OTHER CUSTOMERS, SO PLEASE BE PATIENT IT WILL BE MORE THAN “MINUTES” IN SOME CASES BEFORE YOU GET A RESPONSE, BUT BE ASSURED YOU ARE NOT BEING IGNORED.

There can also be a delay of an hour or more in between my answers because I may be helping other customers or taking a break.

You can always request me through my profile at http://www.justanswer.com/law/expert-paulmjd/ or beginning your question with “For PaulMJD…”

Ask Your Own Business Law Question
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a business lawyerLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask Law Educator, Esq. Your Own Question
Law Educator, Esq.
Law Educator, Esq.
Law Educator, Esq., Attorney
Category: Business Law
Satisfied Customers: 125,784
125,784 Satisfied Customers
Experience: All corporate law, including non-profits and charitable fraternal organizations.

Law Educator, Esq. is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises!

Gary B.Edmond, OK

My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer.

EricRedwood City, CA

I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight.

MichaelWichita, KS

PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent.

Three H.Houston, TX

Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!!

ElaineAtlanta, GA

It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem.

TonyApopka, FL

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

< Previous | Next >

Meet the Experts:

Infolawyer

Infolawyer

Attorney

2,002 satisfied customers

Experienced lawyer

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

1,611 satisfied customers

Run my own successful business/contract law practice.

MShore Law

MShore Law

Attorney

1,233 satisfied customers

Drafted Negotiated and/or Reviewed Thousands of Commercial Agreements

RGMacEsq

RGMacEsq

Attorney

778 satisfied customers

Licensed Texas General Practice Attorney

Barrister

Barrister

Attorney

678 satisfied customers

17 years practicing attorney, JD, BA, MBA

Ely

Ely

Attorney

604 satisfied customers

Counselor at Law.

J.Hazelbaker

J.Hazelbaker

Attorney

393 satisfied customers

Experienced and trained in the area of business law.

< Previous | Next >

Related Business Law Questions
I signed a contract that I question it's legality and if
I signed a contract that I question it's legality and if it's even enforceable. It was written in California. They are threatening to send my outstanding balance to collections. The contract is not fa… read more
Law Educator, Esq.
Law Educator, Esq.
Attorney
125,784 satisfied customers
I'm s subcontractor, not getting paid, no contract only
I'm s subcontractor, not getting paid, no contract only verbal , I did pre lien … read more
socrateaser
socrateaser
1,031 satisfied customers
Second opinion] I live in Calif. I am not a physician &
Second opinion] Hello.I live in Calif. I am not a physician & would like to buy Med Spa. Can non physician own Med spa in Calif… read more
Ray
Ray
Lawyer
Doctoral Degree
33,280 satisfied customers
I acquired 100% of stock of New Hampshire S Corp. I want to
I acquired 100% of stock of New Hampshire S Corp. I want to move the S Corp to California. I am reading about F-Reorg. I have already created a new California S Corp but I want to maintain the New Ham… read more
DamienJD
DamienJD
Attorney
Doctoral Degree
5,020 satisfied customers
Myself and two other partners live outside of the US and
Hi, Myself and two other partners live outside of the US and would like to start our business in Delaware. As part of the process, we are required to have a registration agent. We do not have anyone c… read more
socrateaser
socrateaser
1,031 satisfied customers
I am in the military. I am stationed in San Diego CA, but my
I am in the military. I am stationed in San Diego CA, but my home of record is in South Carolina. I'd like to start an online business LLC. I was told I could start it in SC, but was also suggested to… read more
Law Educator, Esq.
Law Educator, Esq.
Attorney
125,784 satisfied customers
I need coverage company of health care practitioners
I need coverage for my company of health care practitioners who work on site for our clients. Have worked in WA 9 years.No claims, all practitioners have practice liability insurance. Only need covera… read more
JBaxLaw
JBaxLaw
Attorney
Doctoral Degree
8,080 satisfied customers
This is a business licensing/tax/ownership question. I am
This is a business licensing/tax/ownership question. I am a sole proprietor and I have an online virtual business with no physical office. I sell satellite Internet to customers over the phone and onl… read more
socrateaser
socrateaser
1,031 satisfied customers
Given the fact that the state of New Mexico does not issue
Given the fact that the state of New Mexico does not issue real estate licenses to legal entities (e.g. corporations, LLCs etc.), it makes it awkward for a real estate agent (an "associate broker" in … read more
Law Educator, Esq.
Law Educator, Esq.
Attorney
125,784 satisfied customers
I am an owner of a therapy practice in FL. I have state licensed
I am an owner of a therapy practice in FL. I have state licensed Occupational and Physical therapists and licensed OT and PT assistants who work in the local public school district providing services … read more
kattorney
kattorney
attorney
Doctoral Degree
209 satisfied customers
I am a physical therapist in oklahoma planning to open a business
I am a physical therapist in oklahoma planning to open a business with my wife who is a speech pathologist. I am somewhat confused as I have been told that since I have a professional state license I … read more
WiseOwl58
WiseOwl58
JD Honors Graduate
4,180 satisfied customers
My husband and his partner design and sell trumpets- We are
My husband and his partner design and sell trumpets- We are based in Philadelphia and Long Island- We are being sued in small claims court in San Francisco friviously by a man who contacted us by phon… read more
lucy7368
lucy7368
Juris Doctor
763 satisfied customers
In NY State, The Dept of Health is requiring all Private Agencies
In NY State, The Dept of Health is requiring all Private Agencies that are providing therapeutic services (Speech, Occupational, Physical) be organized as a pLLC. This has been a long standing mandate… read more
Richard - Bizlaw
Richard - Bizlaw
Juris Doctor
3,769 satisfied customers
Primary Care Practice is going to now have PT(Physical Therapy),
Primary Care Practice is going to now have PT(Physical Therapy), per Medicare guidelines can an existing PT Clinic come in and open and run PT dept and dr then pay the PT Clinic a 1099 for all of the … read more
Law Educator, Esq.
Law Educator, Esq.
Attorney
125,784 satisfied customers
Hello I started not to long ago a online home base business.
Hello I started not to long ago a online home base business. Which I'am a co broker / referral broker. I basically find the clients and refer them to the actually broker who will be working on their d… read more
socrateaser
socrateaser
1,031 satisfied customers
I want to operate lunch truck in San Diego, CA. What are the
I want to operate lunch truck in San Diego, CA. What are the legal requirements/permits required and which authorities to ask?… read more
Dimitry K., Esq.
Dimitry K., Esq.
Attorney
Doctoral Degree
1,611 satisfied customers
I am a music teacher considering getting studetns from an organization
I am a music teacher considering getting studetns from an organization that bills them directly and I work as a consultant for a much lower rate. There are things in the contract that I do not think a… read more
Joseph Leon
Joseph Leon
Member
Juris Doctorate
270 satisfied customers
Hi We are currently photographing and publishing on our free
Hi We are currently photographing and publishing on our free famousmales website "Celebrity Photo-shoots" A set of 18 of our images of Rugby Star Tim Oakes have been published on a U.S. pay-site witho… read more
N Cal Atty
N Cal Atty
Doctoral Degree
59 satisfied customers

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

Show MoreShow Less

Ask Your Question

x