November 17, 2019  
 
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Selling a Lasik Surgery Practice

Is the economy still a little shaky for a business sale? Sure it is. Yet lasik surgery practices haven't heard the news and are reporting steady action on the business-for-sale market.

When it comes to selling a lasik surgery practice, there are no shortcuts to success.
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In a skittish economy, lasik surgery practice sellers can access several strategies to receive fair market value from entrepreneurs who understand the value of a good business investment.

Legal Considerations

It's obvious that you're going to need to hire an attorney to finalize the sale of your lasik surgery practice. Competent legal counsel ensures that the sale documents are in proper order. Furthermore, a good lawyers provides the counsel necessary to navigate the tax and liability issues that surround a business sale. We recommend hiring an attorney early in the process to gain insights about the legal consequences of various sale outcomes.

Sweetening the Deal

Today's lasik surgery practice buyers expect sellers to offer concessions to persuade them to close the deal. Concessions can consist of non-cash as well as cash incentives. It's not unusual for sellers to offer non-cash incentives to help inexperienced entrepreneurs get off to a successful start. A limited amount of training and mentoring may seem inconsequential to you, but to a young lasik surgery practice owner, they can be critical launching points for their ownership journey.

Pre-Sale Checklist

The pre-sale checklist for a lasik surgery practice is long and is full of critical tasks that will likely determine the success (or failure) of your sale. Perhaps the most important pre-sale consideration is to right-size your expectations to the realities of the market. Once your expectations are in the ballpark, you can move on to making your business presentable to prospective buyers.

More Info on Business Transitions and Related Articles

Given your interest in exit planning and in lasik surgery practices, you might find these additional resources to be of interest.

Marketing a Lasik Surgery Practice

How Much Is My Business Worth?

Entrepreneurial Exit Strategies

Five Tips for Maximizing Your Business Sale Price


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