Like any other business, dental practices experience seasonal ups and downs. The good news is that there are plenty of things you can do to keep yourself busy during the slow seasons in preparation for a successful 2017. Practicing self-care isn’t just about eating right and getting enough sleep. Allowing yourself to take some time…

An NAPB dental practice broker sees many scenarios when it comes to dental practice transitions. In an effort to save yourself a tremendous amount of time and trouble, let’s look at a few case studies to safeguard your primary asset—your dental practice. By educating yourself and paying attention to profitability, you can be well-positioned when…

Finding a qualified buyer for your practice can be a bit like searching for the Holy Grail—you want to make sure that the person stepping into ownership of the practice you built is someone you feel comfortable leaving your legacy. Before you sell, consider what makes a potential buyer qualified. Is the buyer a dentist?…

Selling your dental practice can be a stressful and complicated decision. How will you know if it’s the right time to sell? Consider the following: Are You Ready to Retire? Once you sell your dental practice, your income stream no longer exists and your pension has to take on the income role. It should be…

As you probably already know… timing is crucial when selling your practice. But, how do you know when it’s the right time? Let’s take a look at the reasons why selling your practice is a good idea to make sure you’re totally on board. You No Longer Want to Practice Dentistry After years of commitment…

It doesn’t matter how long you’ve been in business, a dental practice transition can be highly stressful and complex if you don’t manage it through a broker. To help demystify the process and ease you into a seamless transition, we’ve selected our top tips to let you know the dos and don’t of a successful…

The truth about running a dental practice is that it can at times be very stressful. This causes many dentists to go into retirement before they are ready. Problems may range from burnout to personal issues – and often once resolved, the dentist may be willing or even eager to get back to work. However,…

As you consider an upcoming dental practice transition, one important area of your business to be aware of is the number of clients that you have. Your client base can have a direct impact on the value of your practice. There are many ways to boost your client base. One of the easiest and most…

When looking to sell your dental practice, as with any business, you want to maximize the value of the sale. Unfortunately, many dentists are often skilled in dentistry but don’t have much time for the ins and outs of running a small business. So when the time is right to sell the practice, they’re not…

As you start preparing to sell your dental practice, one of the most important things on your checklist of things to do includes updating your website. A professional, up-to-date website is considered a valuable asset in your dental practice transition and will make a positive impact on any dental practice valuation and appraisal. Here’s a…