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 patients notifying them of the transition
• Provide your accountant with an allocation form to assist with the filing of your
post-sale income tax
• Counsel both parties regarding the most beneficial way of introducing the buyer to
the staff
• Counsel both parties on post sale relationships and equitable treatment of all staff
• Counsel the buyer regarding minimizing changes after the sale until he/she
becomes very familiar with the practice
• Work with both parties to familiarize the buyer 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-sale regarding the contract or the
relationship between the you and the buyer
Efficiently transition into
your post-sale role.
