Selling a Practice

Making the choice to sell your practice is a major decision that shouldn’t be taken lightly. Whether you’re selling your practice completely and retiring from your profession or you’re remaining on as an associate after the sale, Attorney Joe Hess can make sure the sale of your practice is properly documented and correctly structured.

Practice Sales Attorney

The sale of any business is a complicated process, but even more so when a medical practice is concerned. The healthcare space has a unique set of laws and regulations that all transactions must adhere to.

In order to sell your practice, you must first accurately determine the value. Attorney Joe Hess can connect you with the right professionals to make sure you have a clear idea of what your practice and all of its assets are worth.

One of the initial steps in a practice transaction is a letter of intent, in which both seller and buyer lay out a set of terms that will be agreed to during the course of the practice’s sale. While this letter is not legally binding, it should still be treated with the amount of diligence that a legal document would require.

Attorney Joe Hess will ensure that you are not responsible for liabilities after the sale of your practice. We will establish protections to see that you receive any payments that are owed to you.

Other law offices rely on standard templates to coast by. With Joe Hess Law, you’ll receive a custom experience that’s tailored to your practice and your needs.

If you’re thinking about selling your practice, Joe Hess Law can help. We’re here to ensure you receive fair compensation and terms when offloading your business assets.

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Send us a message or give us a call at (616) 277-7753.

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