We consider it a privilege when a practice owner entrusts us with information about their business and their plans for the future. Whether your intention is to sell outright, bring on a new associate, or beging a phased out retirement plan, it is important that your plans remain confidential.
For these reasons, any interested party who inquires about a practice we have listed for sale must enter into a legally binding confidentiality (Non-Disclosure) agreement with us before any non-public information is divulged.
Confidentiality is important for the buyer as well. You don't want your current employer to know that you are considering moving on, until it is the right time for you to make it known.
Nate Lynch & Associates always keeps both sellers' and buyers' involvement in the practice transition process private and confidential.
We at Nate Lynch & Associates LLC market our practices quietly. By that we mean we are require a confidentiality agreement with potential buyers before we will even speak to the buyer about a practice.
If we discover that a buyer doctor is unable to remain confidential about a practice sale, we would immediately sever the relationship and never work with that buyer again. We also stress the need for the seller to be confidential as well because a buyer could lose his or her current position if the current employer new the associate was considering the purchase of a practice.