Friday, November 6, 2009

PLANNING: the key to making a profit on your medical practice upon retirement

According to an April 2009 article published online at Physicians News Digest, there is no reason to be pessimistic about the prospects of making money upon retirement of your practice. No doubt physicians spend a lifetime creating and building their practices – a process that begins as early as at the college level. The inevitable time comes in every physician’s career when it is time to hang up his or her white coat and pass the torch. So how to do so profitably?

The most important take-away is to start thinking about this process years before it actually rolls into action - very few people make a profit on a whim. This is commonly known as an exit strategy plan.

Click here for the full article from Physicians News Digest

For more information on exit strategy planning contact National Realty Network’s professionals at (866) 352-2767

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