A Step by Step Guide to Selling a Dental Practice Selling a dental practice is a complicated process which extends far beyond simply finding a buyer and closing on the sale. Therefore, to ensure your practice transition is successful, it is imperative to follow these critical steps: Are you ready to sell? Making the decision […]
These are interesting and difficult times. Though you are all dealing with matters concerning your practice and office personnel, and you are still seeing emergencies, you probably have some unexpected time on your hands. Here are some ideas on how to spend that time…1) See if it makes sense to refinance your business and personal […]
Presently, we are in the grips of a significant health and financial crisis. Depending on your age, this is a partial list of the events you have weathered in the course of your professional career:1) 18-20% interest rates early in your career 2) The 1980s Savings & Loan crisis 3) The 1987 stock market crash 4) The […]
When you eventually make the decision to sell your dental practice, you may think that the hard part is over once you’ve found a prospective buyer. Actually, that’s just the beginning of the process. Many important decisions, and potential problems, lie ahead: 1) What is the best type of transition for you? There are many […]
The Importance Of An Up-To-Date Practice Valuation As dentists, we pride ourselves on being prepared. We organize our clinical days to optimize patient care and efficiency. We continuously take continuing education so that we are prepared for every eventually that we may face, both clinical and medical, in everyday practice. We purchase life insurance, disability […]