Transition Management
Selling a Practice?
The Road to Success Runs Right Through Practice Concepts
The road to selling a practice is not straight.
There's a curve called confusion. A loop called finding a specialist.
Speed bumps called negotiations.
Cauition lights called a qualified buyer.
But...If you have a spare called experience. An engine called Practice Concepts and insurance called proven results.
You'll find the road to Success.
Selling a practice is a customized and complicated process. Every practice offers unique issues and solutions. At Practice Concepts we work with you every step of the way, hand-holding you through the entire process.
Hands-On Approach
- Insures a win-win transition for all parties
- Customized Practice Profile prospectus help buyers understand your office
- Always there to answer questions.
- Coordinate buyers showings of office
- Coordinates and faciliate buyers requests including financial data and practice data required by buyer
- Handle buyer written offers and counter proposals
- Discuss all issues related to the agreement
- Supervise the escrow closing process with the buyer and seller
- Insure the process moves in a timely manner
- Coordinate with professional advisors including CPAs, attorneys and financial planners
- Handle employee concerns
- Assist buyer in orbtaining a practice loan
- Manage landlord assignment and transfer
- Help buyer obtain lease assignment with landlord
- Assist buyer in obtaining all needed forms, insurances, and requirements needed transfer business ownership.
- Overcome and handle any obstacles or unexpected issues that may arise with landlords lenders, employees or involving any aspect of the practice.
- Provide resources for buyer after the sale including coaching and business consulting