Buy/sell agreements

Getting into and out of a partnership without hard feelings

Authors

  • Denise L. Tumblin WTA Veterinary Consultants, 3200 Riverside Drive, Columbus, OH 43221-1725

DOI:

https://doi.org/10.21423/aabppro20183164

Keywords:

practice management, buy/sell

Abstract

It's easy to delay planning for the eventual sale of your hospital given the typical to-do list of veterinary practice owners. But, all empathy aside, a transition plan is essential for the continued existence of the practice and your family's future financial security. No crystal ball exists to tell you exactly what the future holds. Life happens! But with a little preparation - okay, a lot of preparation - your odds for success are much greater. This presentation is intended to provide insight on the complexity of buying or selling a practice, and examples of areas that should be considered during buy-sell negotiations.

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Published

2018-09-13

Issue

Section

Practice Management Sessions