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This program was recorded on June 25th, 2019
The ideal sale of a medical practice requires planning in order to optimize the experience and outcome. These transactions are affected by the type of buyer. Additionally, sellers need to know technical things like whether the same will be an asset or stock sale, what the tax implications are and whether there is a transition arrangement, which most buyers want. If the seller is staying on, they need to know what sort of compensation arrangement will be in place and what sort of post-transaction restrictions (e.g. non-competes) are part of the deal.