Delayed Practice Sales

Preparing your established practice for an associate / partnership can be a monumental decision. Therefore, you need experienced professionals to advise, direct, and counsel you about the process of the very detailed transition.

Sherri L. Henderson & Associates is a strong team of professionals who will work to make your transition successful and rewarding. An appraisal is required in order for a buyer to obtain financing.

We will guide you through all the intricate negotiations so that each potential partner’s needs are met and the transition leads to mutual trust and respect for a win/win relationship. We address key items that will help define each associate’s expectations that will allow you to grow into a healthy positive partnership. SLH & Associate retain skilled attorneys that specialize in the preparation of all legal transition documents. We use a CPA and a Certified Valuation Analyst to structure the income tax treatment to benefit both the party’s equally. Our team can assist the new partner in obtaining the proper insurance needed for new ownership.

With SLH & Associates, you can count on a delayed practice sale experience that provides you with the following:

Practice valuation / appraisal
Cash flow projections / valuation report
Meeting with associate and owner
Preparation of business points and agreements / needs analysis
Assist in preparation of loan package / pre-qualification
Associate contract preparation with attorney
Execution of contract
Transition plan design concept defined
Association period completed
Revisions to appraisal / cash flow projections
Prepare and finalize loan package
Introduction of partner / management considerations
Closing requirements and due diligence
Coordination of tax, accounting, insurance, financial and legal documents
Closing & financial settlement

Contact SLH & Associates to discuss how to make your practice sale or transition a successful and rewarding experience. We serve clients all across Texas.