Broker
Resource Library: Selling
Prepare your dental practice for sale and attract the right buyers at the right price.
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How to Sell Your Practice with No Brokerage Fees
Practice owners are well-known entrepreneurs. You are used to doing things yourself and doing them “your way.” When the time comes to sell your practice, you may naturally think that it can’t be that difficult to locate a buyer. But why do I need to pay a broker to sell my practice? What if I… -
A Guiding Light During Grief: Essential Steps for Families Navigating the Sale of a Dental Practice After a Sudden Loss
When a dentist suddenly passes away, their spouse or family faces both personal and professional challenges. We deal with this situation multiple times per year, and while we have tried to get in front of dentists to have a more detailed plan of action in this circumstance, it is human nature to have the mindset… -
Don’t Wait Until You Hit Your Breaking Point to Sell Your Practice
We often have dentists ask us when should they sell their practice. This of course varies for everyone, but if you are able to, then the best time to sell is when you are financially ready and are still physically capable of practicing while still enjoying working and managing your practice. Why would you sell… -
What is My Practice Really Worth?
What is my practice worth? Well, it depends on who you ask. Value is largely a concept of perception. According to the IRS, fair market value is defined as “the price at which a [practice] would change hands between a willing buyer and a willing seller when the former is not under any compulsion to… -
- Financials
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- Selling
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- Taxes
Thinking About Selling your Dental Practice: What to Expect in Net After Taxes
If you are thinking about selling your dental practice, one of the considerations is the “timing.” In other words, when do I place my dental practice on the market? When my clients ask me this question, I ask the client, “When would you like the sale to take place?” Most respond, “yesterday.” But, “Seriously,” I… -
Timing The Market
Why This Might Be THE Year to Consider Selling Your Practice As practice transition specialists, we are often asked “Is now a good time to sell my dental practice?” While there are many factors involved in making the decision to transition your practice, the short answer is YES. The current practice transition environment features several… -
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… -
Why You Should Sell at Your Peak Instead of Slowing Down
When you started your career as a dentist, how did you think you would retire? For many, the ideal scenario was probably that you would dip your toes into retirement by slowing down, reducing clinical days and/or hours per week, and taking more time off. Then, you would keep that schedule for a few years… -
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…