Transition Consulting

If you have already identified a potential buyer for your practice, McLerran & Associates can help you and the purchaser navigate the transition process from start to finish for a flat fee. Our role in the transition process typically involves completing a comprehensive practice valuation and practice profile, assisting with the negotiation of the practice purchase price, drafting the Letter of Intent, Asset Purchase Agreement, and Transition Letter, serving as a “buffer” between the buyer and seller to preserve goodwill, assisting the buyer with securing financing, helping both parties build a team of experienced advisors (accountant, attorney, insurance agents, etc.), managing the communication between all of the advisors involved in the transaction, and providing an organized and efficient closing process.