Troy Business Law Lawyers

Buying and Selling Your Professional Practice

When you are selling a business of any kind, much of the value of what you are selling is related to "good will." This is the reputation of the brand you have created and developed. People know where you are, and that your business is a place to receive professional service and fair prices.

Paluda P.C. is a law firm serving healthcare professionals in a wide variety of legal capacities, from defense of their licenses, to collection of receivables. It is our business to demonstrate the very high value of your business and obtain the best deal for you if you are selling.

Retirement

Doctors, dentists and the like are more like independent business people, and less like employees. They are less likely to have a pension, and therefore rely on assets from the sale of their businesses to retire on. This is a very important transaction for you.

Buying

If you wish to purchase a professional practice, this is an exciting time for you. Whether you are a young practitioner starting out, or someone new to the area, you need assistance from a professional who knows the healthcare business, and is completely dedicated to your best interests. This is not a mere real estate deal. You need an experienced lawyer to draft or review contracts and documents for you, and negotiate your best deal. Your interests include keeping as many existing clients as possible.

Guidance From a Michigan Attorney on Buying and Selling Your Professional Practice

Whether you are buying or selling, we will analyze all relevant records, utilizing accountants and other professionals where appropriate to serve you. At Paluda P.C., we are aware that our work affects our clients in a dramatic way. We will remain committed to helping you achieve your goals. Our lawyers are known for providing creative, insightful advice and effective representation to clients facing complex or challenging legal matters. To schedule a consultation with one of our attorneys, call 248-740-0203 or contact a Troy business law lawyer online.