Charlotte A. Lacroix, DVM, JD, and James E. Guenther, DVM, MBA, MHA, CVPM, AVA, covered several ways that you can prepare today to retire from practice in the future. One way addressed in great detail in “Planning for Retirement: Bringing In an Associate” was taking on an associate veterinarian with the expectation that this person will “buy out” your interest in the practice at some point in the future.
In this article we’ll hear tips from Guenther and Lacroix about other options that you might consider, including outright sale of the practice or merger with another practice.
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