Algonquin, IL -- (SBWIRE) -- 10/09/2018 -- When it comes time to sell an optometry practice, the process can be long and intricate. Optometric Transactions Consultants (OTC) offers a streamlined, simplified way to sell and buy. Acting as an in-house brokerage service, OTC encourages optometrists to contact them for early consultations, as soon as they begin to think about selling.

"Even if you have no intention of selling for another five years, meet with us today – so you can begin to understand the process and explore all your options," says Dr. Elizabeth Atkinson, O.D., one of the founding members of Optometric Transactions Consultants.

By engaging the services of OTC, optometrists benefit from centralized transactions, which are conducted smoothly and equitably. OTC has customized relationships with many banks, which enables them to facilitate a variety of financing options, including 100% financing. They also feature an experienced legal team to ensure that all details are considered and all deals are done properly.

In particular, OTC helps new optometry graduates to realize their dreams and achieve their goal of running a private practice. To promote awareness of all that goes into purchasing an existing practice, OTC staff members give informative presentations and lectures at the University of Illinois Optometry School.

By using Optometric Transactions Consultants to sell an eye care practice, optometrists have access to a wider, more profitable market. Not only will OTC list and market the practice appropriately, this novel brokerage will handle initial negotiations and perform a comprehensive appraisal in order to raise profitability and the sale value. OTC's system prevents established optometrists from feeling forced to sell out to a corporation, and it thereby goes far towards helping new optometrists to get started in practice.

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Optometric Transactions Consultants Makes It Clear and Easy

Algonquin, IL -- (SBWIRE) -- 05/09/2018 -- Selling and purchasing an optometry practice has always been a complex interaction involving multiple parties. Recognizing that this entire process could be streamlined and more effective, the team at Optometric Transaction Consultants (OTC) developed their innovative optometry brokerage. By using OTC's all-inclusive services, both seller and buyer experience a smooth, successful, and equitable transaction.

The professional, caring team at Optometric Transaction Consultants consists of Elizabeth Atkinson, O.D., William Atkinson, O.D., and Chad Mihevc, J.D. MBA, Esq. Together, they bring over 75 years of experience to this new paradigm for buying and selling a practice – 21 years in business law and decades of operating a modern private optometry practice with over $1 million annual gross.

"In the past, an optometrist looking to sell a practice would go to a broker, a financial company for valuation, a consultant to improve valuation, lawyers to negotiate the contract, and the bank to discuss financing. The buyer would also meet with many different people. Our new process centralizes all aspects of buying and selling, so transactions are easier and quicker," says Dr. Elizabeth Atkinson, of Optometric Transaction Consultants (OTC).

The general methodology of OTC is to provide one contact point for every action related to purchasing and selling and to facilitate 100% financing. OTC has a world-class legal team, so buyers and sellers can depend upon the whole process to be completely above board. This system grants new graduates an exciting opportunity to actualize their dream of running a private optometric practice, while at the same time optometrists interested in selling are granted access to a wider, more profitable market.

OTC's services for sellers include listing and marketing the optometry practice for sale, as well as screening potential buyers for viability – thereby removing the stresses and risks of initial negotiations. They perform a comprehensive practice appraisal to determine fair market value, as well as administer management consulting to increase profitability and raise the sale value.

Buyers rely upon OTC for assistance with evaluating potential practices and handling all early negotiations. Due to OTC's unique relationships with banks, the buyer is offered 100% financing along with step-by-step assistance through the entire purchasing process, from loan application through transaction closure. In addition, OTC's team of practice management consultants provide business coaching throughout the first two years to help new optometrists set up a strong, solid practice.

The legal team of Optometric Transactions Consultants will work with clients until agreement on all essential business terms is reached and a fair and equitable contract is produced. Anyone looking to sell or buy an optometry practice will benefit from OTC's assistance before, during, and after the closing, so all transitions will be smooth, ethical, and efficient.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm