Retiring, selling or closing your practice can be an exciting but complicated time in a physician's life.You may feel consumed by details and deadlines involved with the closing process and may be wondering where to begin. Consider using the AAFP’s Closing Your Practice Checklist (1-page PDF file; About PDFs) to guide you through the closing process and ease your transition into this new stage in your life.
As with any transition of this magnitude, it is important to contact an accountant and an attorney for specific business and legal advice to close your practice. This will assure that you are you are making the best business decisions and complying with legal issues relating to your profession.
Closing or Selling Your Practice
Consultants and Attorneys
-- Considering closing your practice? Access a list of consultants and attorneys through the Buyer's Guide.
Areas of Consideration When Closing or Selling a Practice
-- Many physicians think about closing or selling the practice and have questions on what they should do. Here is a listing of some things to consider during the process.