Seems easy enough, right?
Over the next 10 years, it is estimated that approximately 10,000 veterinarians will transition from active practice. Many of those are practice owners, and their practices are likely their most valuable financial asset.
If you attempt to sell such a valuable asset without professional representation, you are taking a major risk.
Attorneys have long said, “He who represents himself has a fool for a client.”
You are a highly intelligent, skilled veterinarian. But you are not an expert in selling businesses. And, with the onslaught of corporate buyers who have extensive experience buying practices just like yours, you are at a major disadvantage if you don’t have someone on your side. Your lack of knowledge of the rigors of getting the deal done will hurt you. You will make costly mistakes. Having an advisor on your side is an absolute must.
If you’re thinking of selling your practice, don’t do it alone. Contact Joe to have an experienced professional on your side.