Over the last several years many of our practice sales have been to Investing Dentists. This trend is growing and with the recent decline in global equities, we are seeing even stronger demand from Dental Practice Investors. This is not a solution for everyone but certainly provides a viable option for many. In this article I will answer the top ten questions we are asked about Dental Practice Investors.
The Investing Dentist Phenomenon Read More »
Good basic dentistry is the bread and butter of most practices. Cosmetic dentistry, implants, full mouth reconstructions are great skills to have but may be the first to be dropped in hard times. A downturn in the economy will not impact all practices the same way. Be one of the winners.
Two areas to focus upon that could negatively impact the value of your practice Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! Introduction: I have been in the dental industry for over 20 years, the last 17 of which with CIT Financial, a large commercial finance company where I had overall accountability for the Healthcare Division. We were specialists in providing practice financing
Organize your Debt in Order to Sell your Practice Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! I talk about “stars” to most dentists for whom we are doing a valuation. A “star” is an employee who is worth their weight in gold because they handle their job with an expertise and speed that others cannot do. I
Having a Better Team Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! Part IV – I want to sell my practice, now The time for planning has passed. Either the prior planning took place or it did not. Let us assume your planning was limited. What can be done now? The biggest thing
How Do I Prepare My Practice For Sale? Part 4 Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! Part III – One to Three Years Before Planned Sale With only one to three years before a planned sale we are coming down to the wire. There is limited time to maneuver. You have definitely come to the point when
How Do I Prepare My Practice For Sale? Part 3 Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! Part II Four to Seven Years Before Planned Sale You have passed the point of doing major renovations or moving. You will be selling your practice where it is currently located. Let’s make the best of it; renovate where necessary, to
How Do I Prepare My Practice For Sale? Part 2 Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! Time marches on, circumstances change and nothing is forever. Sooner or later you are faced with the inevitable question, How Do I Prepare My Practice For Sale? To help construct a game plan that best fits your needs the “preparation plans”
How Do I Prepare My Practice For Sale? Part 1 Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! When you graduate from dental school there is much more to think about than “where can I get an associateship”. It is important to remember that dentistry is also a business and good business practices are very important. Consider the following:
Advice to My Son or Daughter Graduating from Dental School Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! When contemplating the sale of a practice, the major area of uncertainty concerns transition. It means many different things to most vendors. The vendor’s reasoning can range from wondering “How long a period could I stay on?” to “I do not
Transition – What to Expect Read More »
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