Practitioner and national consultant Thomas Catanzaro knows that
planning for the future today takes the fear out of meeting it
tomorrow. In the same practical, easy-to-understand approach of
this "Building the Successful Veterinary Practice" series,
Catanzaro guides readers through the process of succession
planning. From developing a better leadership structure to
understanding the fiscal and legal aspects of a sale transaction,
Catanzaro teaches the practice owner how to exit the practice at
the time of his or her choosing and to maximize the after-tax
profits from the sale. Some of the topics the author explores:
Understanding the forces of change
Calculating the practice's value
Assessing risks and demographic demands
Compensating team members
Preparing for the sale
Creating a market
Choosing a transaction structure
Selecting a legal structure
Negotiating transaction contracts
Entering into a solo group practice or practice affiliation
Planning for an associate buy-in
Easing the transition of ownership and practice leadership
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