Broker
Resource Library: Selling
Prepare your dental practice for sale and attract the right buyers at the right price.
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Good Advice Before Listing Your Practice
The decision to retire is a big one; it’s one of the biggest decisions of your life and not only changes your daily routine but also your future. If you retire too early you can grow bored, or worse, you may not be able to afford the lifestyle you always imagined. Retirement is not a… -
A Buyer and Seller’s Guide to a Seamless Practice Transition
Whether you’re on your way in or out, prepare yourself for your practice transition with these tips. Transitioning a dental practice from one owner to another is a significant milestone in a dentist’s professional journey. For the aspiring dental practice owner, purchasing a practice and transitioning into the role of owner signifies the beginning of… -
10 Essential Steps to Ready Your Dental Practice for Sale
Whether retirement looms on the horizon or remains a distant dream, as a practice owner, it’s prudent to contemplate the eventual transition of your practice. Life’s twists and turns may necessitate expediting your plans, making early consideration crucial for seamless transitions. Your practice’s value ultimately hinges on what someone is willing to pay for it… -
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… -
How to Sell to a DSO Like a Pro
Selling your dental practice to a Dental Support Organization (DSO) can be a rewarding decision when handled properly. By following a structured process and understanding the key steps involved, you’ll be well-prepared to get the best outcome for your practice. Shedding Light on the DSO Letter Receiving a letter from a DSO is exciting! It… -
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. … -
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… -
Preparing Your Practice to Sell
Whether you are approaching retirement age or just thinking about a transition, there are several things you can do to prepare your practice for sale. Doing these things may help eliminate headaches, increase your sales price, or reduce your costs. Here are a few tips: By focusing on these items in the coming years as… -
Planning for an Unexpected Sale of Your Practice
As a practice transition consultant, I write this article with dismay at what happens following the untimely passing of a dentist. I’d like to outline what I believe is the preferred course of action in handling the practice sale. While nobody likes to think about it, accidents and unfortunate events happen that can lead to… -
Leaving a Legacy: Saying Goodbye to Your Patients
When you run a dental practice for many years, you build up long-term relationships with people that can be difficult to break- for both sides. When you, the seller, conduct a dental practice transition professionally and smoothly, it can help you leave a positive legacy. Your successor and his or her popularity with your patients…