Transition Planning

Plan for a financially sound strategy for life after practice ownership.

One of the more frequent advisory service requests I receive is from long-time optometrists who desire to sell their practice within the next 5 to 10 years. Many of the requests have come after my peers have seen me personally do it. From the outside, it may have looked like a quick process, but planning for my transition had begun much sooner.

With the help of my experience, you will have a transition plan in place for your life after practice ownership, which can mean the difference of being able to fully retire, or having to remain a practicing optometrist for longer than desired.

Advisory services include:

Precise valuation to answer “What’s my practice worth?” Steps to take now to increase the value of your practice. Determining the pros and cons of full or part-time retirement. Negotiation assistance to receive the best offers for your practice. Financial comparison of offers and exit scenarios. How to structure payments.

Additionally, through my association with professional OD groups and private equity, you will have access to an extensive network that allows me to confidentially pair buyers and sellers.