As you consider buying or selling a practice, the first few questions you may ask are, “When and how should I start the planning process?” and “How long does a transition take from start to finish?”

The timing from when you start planning to when the practice sale closes can vary, especially with both internal and external factors at play. From having a buyer or a practice opportunity lined up to understanding the other party’s expectations, several factors can impact how long the transition process takes.

There may not be a universal answer for this popular question, but Christy and NDP Senior Transition Consultant Matt Doyle outline some guidelines to help you create a plan and shed light on the answer for you.