Understanding Lease Implications When Selling Your Clinic
Dr. Randi Ross discusses crucial aspects of clinic leases that can impact the sale of your practice.
Dr. Randi Ross, CEO of Premier Practice Consultants, discusses crucial aspects of clinic leases that can impact the sale of your practice. Key topics include the importance of understanding personal guarantees in leases, potential long-term obligations, and how lease terms can affect the sale to investors. Dr. Ross emphasizes the significance of being well-informed to avoid any unexpected consequences during the selling process.
00:00 Introduction and Purpose
00:36 Understanding Your Lease
02:18 Personal Guarantees in Leases
03:17 Implications of Lease Terms When Selling Your Clinic
04:42 Potential Consequences of Lease Defaults
06:42 Advice and Final Thoughts
08:04 Conclusion and Contact Information
