praxisinc.com
The Step-by-Step Guide to Buying a Veterinary Practice
Transition Efficiently
Your Praxis advisor will:
• Provide you with a checklist of items that need to be completed after the sale
• Provide sample letters to mail to the clients notifying them of the transition
• Provide your accountant with an allocation form to assist with the filing of your
income post-purchase tax
• Counsel both parties regarding the most beneficial way of introducing you to the
staff
• Counsel both parties on post sale relationships and equitable treatment of all staff
• Counsel you regarding minimizing changes after the sale until you become very
familiar with the practice
• Work both parties to familiarize you with the standard operating procedures of the
practice
• Assist both parties with the proration of expenses
• Assist both parties with determining who is responsible for the staff's accumulated
vacation pay
• Address any questions that may occur post-purchase regarding the contract or the
relationship between you and seller
Transition into ownership in
a way that will make your
clients, and staff, comfortable
and loyal.
