Why it's simpler than selling the company
- No entity sale, so less legal work
- Your staff, systems and other clients stay as they are
- Smaller deals close faster
What a buyer needs to see
- Revenue from each account you're selling, for the last one to two years
- Copies of the client contracts and business associate agreements
- How long each client has been with you
- Any open issues, like disputes or audits
Client contracts
Some billing contracts can be assigned to a buyer. Others need the client's agreement. Either way, the client should hear about it from you, with the buyer there. See assigning billing contracts.
How it's paid
Usually part at closing and part over the following year or two, tied to the accounts staying. See payment terms for account sales.
This is general information, not legal, tax or valuation advice. Talk to your own lawyer and accountant before you sell.
Our promise to sellers
How we'll treat you and your clients
- We sign an NDA before you share client names or numbers.
- Your clients hear about it from you and us together, after signing. Never before.
- Every term, including how and when you're paid, is written out in plain English before you sign.
- Your clients' fees don't go up for at least 12 months after the handover.
- If you're selling only your anesthesia accounts, we won't approach your other clients. We'll put that in writing.
- If we're not the right buyer, we'll tell you quickly and point you somewhere better if we can.