Selling your medical practice to take an employed position

Under normal circumstances the timeframe to sell a medical practice can be 9 to 12 months. Add-in other variables such as speciality and geographic location and the timeframe can become even longer. It is imperative that sellers be flexible on selling price and transition assistance, or risk realizing little to no value for their medical practices. Making such concessions can be difficult especially when a practice has good earnings and might otherwise warrant a premium from buyers under normal market conditions. In conclusion, sellers of private medical practices must allow enough time and be flexible to ensure that all their objectives are met prior to moving on to the new opportunity.

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Most doctors looking to buy or sell their practice can’t find the time to figure out the complicated steps involved. At Transition Consultants, we’ve created a process that makes the transition painless so they can move into their next season and start living life on their own terms.

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