EXIT STRATEGY

摘要

For many practitioners, a successful retirement is based upon realising a capital sum for the sale of their practice or a share of a firm. After all, many bought their way into practice, worked hard to develop them and want to recoup their original investment. But, ironically, many are convinced that their practices have no value without them.Does this apparent paradox mean that these well-founded and developed practices do not have value? Is this the reason why some practice sales achieve less than they could? Is this why many founding partners want to hang around and die in post if their younger partners let them?