Broker
Resource Library: Essentials
Everything you need to know to successfully run, buy, or sell a dental practice.
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The Crucial Role of Office Lease Negotiations in Dental Practice Sales
When dental professionals consider transitioning their practice, many aim to maximize value and ensure a seamless transition for their patients and staff. However, we see many of our clients overlook the crucial role that lease terms play in determining value and facilitating a smooth transition. For instance, a long-term lease with favorable rent and renewal… -
Screen Your Potential Buyer
The process of selling your practice can be straightforward and easy, convoluted and difficult, and everything in between. To compare this process to the process of performing a dental procedure is relevant. While performing a dental procedure, you follow the proven steps that have worked for many years in order to get a positive result. … -
Practice Transition Myth Busters
We have met with hundreds of dentists over the years and have assisted them in selling their practices. While meeting with these dentists, we often hear myths or urban legends from some of them who take these myths as fact. The wrong or incorrect myth can cost you time and hard-earned money. By dispelling some… -
Checklist to Prepare Your Practice to Sell
The best time to start preparing for your practice transition is three to five years from the date you plan on selling. However, since you may not know that date yet, the best time to prepare is NOW! Here is a checklist of preparatory items you should consider as you get closer to deciding to… -
The Role of a Dental Practice Broker
Planning to sell a dental practice? Don’t go at it alone. FACT: A dental practice is typically the doctor’s most valuable and prized possession. FACT: A dentist will typically sell a dental practice only once during his or her professional career. Considering these facts, many dentists will make a wise choice and entrust the responsibility… -
A Step-by-Step Guide to Selling a Dental Practice
Selling a dental practice is a complicated process that 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: While this list covers the most significant steps required to sell a dental practice, it is by no… -
The Essential Steps to Selling a Dental Practice
Selling your dental practice is a significant milestone in your professional career. Managed effectively, it can be a rewarding and beneficial experience for everyone involved. To ensure a smooth transition and a successful sale, it’s essential to follow a clear and structured process. 1. Start Planning Early Begin preparing for a sale three to five… -
6 Questions to Let You Know If You Are You Ready to Grow Your Dental Practice
Every small business eventually hits a plateau. When you reach this stage, start looking to grow some aspect of your practice. Whether you choose to automate certain processes to free up some time for yourself or hire new employees in order to grow the practice substantially, you need to reconsider your current position. This is… -
4 Important Questions About Personal Disability Insurance for Dentists
Have you ever considered what would happen if you were unable to work? What if you had an accident and could no longer perform the daily operations of your dental practice? What if you were relegated to managerial work and you had to hire a new dentist to run the day-to-day operations? Such an event… -
Dos and Don’ts of a Successful Dental Practice
With more than 210,000 active dentists in the US in 2016, the need to make your mark within the industry has risen tremendously. How can you distinguish yourself from all the other dentists? How can you make your practice stand out among the five or more dental practices within the 10 square blocks of your…