Ch. 7 - Turning Out the Lights

Some sole practitioners, and possibly even small firms with two partners, will opt to work in their practice until the day they are ready to turn off the lights and lock the door for the last time. Read this chapter to contemplate all the ramifications if you are considering this option for your practice.

Learning Content
  • Potential Financial Benefits
  • Alternative to Going it Alone Managing a Dwindling Practice
  • The Cull-Out Sale

Learning

Turning Out the Lights

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Tools

Sample Practice Continuation Agreement I

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Sample Practice Continuation Agreement II

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Who Would Run Your Firm?

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