Practice Transitions

Where are you going today, and where are you going tomorrow?

• Are you thinking about adding an associate/partner to help handle an expanding client base?
• Are you seeking that associate as part of an exit strategy from your practice as you get closer to retirement?

Structuring an outright sale or an employment agreement for an associate that will hopefully lead to a solid and secure partnership agreement are complex issues and take experienced stewardship. Practice transitions, where I advise both buyers and sellers, have become a major part of my consulting business. With proper planning and an understanding of all the issues from the point of view of both parties, this process can be easier then you think.

With proper planning and an understanding of all the issues from the point of view of both parties, practice transitions can be easier than you think.