Broker
Resource Library: Selling
Prepare your dental practice for sale and attract the right buyers at the right price.
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Dental Transition: Journaling for Stress Relief
If you’re in the process of selling a dental practice, it’s likely that you’re feeling a little stress. One of the easiest and most effective methods to reduce stress during a transition is journaling. Not only does journaling provide an outlet for stress but it is also a proven tool to boost productivity in your… -
Three Items Sellers Will Need to Show Potential Buyers
When your goal is to sell a dental practice, the smart seller’s credo is simple: Disclose! Disclose! Disclose! Providing thorough information is of utmost importance when it comes to educating potential buyers about your dental practice for sale. You can never present too many details to a buyer. Informed and ready-to-market sellers know that information is… -
Ready to Sell? A Dental Practice Transition Checklist
You’re winding down and spending more days focused on family and leisure than the day-to-day functions of your dental practice. It’s a common occurrence for many doctors as they near retirement. However, make sure you’re not retiring before you actually sell your dental practice. The challenge when you start to “act retired” before retirement is… -
Think like an MBA for your Dental Practice Transition
In some capacities, a dentist is similar to a advertising creative. Most doctors are all over the “creative” and even practical aspects of their job performance, but they are not always paying close attention to the business side of things like tax implications, an easy-to-understand accounting system, a current fee schedule, etc. When considering a… -
Make the Most of your Dental Practice Transition
When selling a dental practice, most sellers are focused on three things: No dental practice sale is exactly the same, but there are measures that can improve the end result. Some of these strategies may seem obvious while a few are a bit more involved. Let’s consider the ways that you can increase your bottom… -
Determining the Value of a Dental Practice
While the passion of an entrepreneur may fuel a business, the numbers determine the efficiency and success of the business model. Knowing the value of your dental practice is vital if you are planning to sell the business, and understanding the valuation of your business is the first step to selling your dental practice. The… -
Getting a Dental Practice Ready for Sale: Setting a Goal and Making a Plan (Part 2 of 2)
In Part I, building a checklist and working with a dental practice brokerage to come up with a winning marketing and selling strategy. Make It a Team Effort The best way to achieve a successful sale of a dental practice is to have a thorough plan. Dental practice brokerages will assist with the details in… -
Getting a Dental Practice Ready for Sale: Setting a Goal and Making a Plan (Part 1 of 2)
Regardless of the profession or industry, most owners hope to eventually sell their business. For many, this is how they retire comfortably, especially those in the medical profession. Not only is the owner of a dental practice a medical professional, she is also a small business owner and an entrepreneur. Likely, it is up to… -
Sales Prep: Ready to Sell your Dental Practice?
When most dentists contemplate a dental practice transition, the following is a list of frequently asked questions (FAQ): 1) What do I need to do in order to put my practice on the market? This is where a skilled NAPB dental practice broker is a great help. The more effort you exert up front, then… -
Consider the Triad (Emotional, Practical, Financial) when Selling a Dental Practice, Part 2
You’re thinking about selling your dental practice. Maybe you think that you’re ready to put it on the market in a matter of months, or maybe this is something that you’re planning to do a few years from now. There are a lot of moving parts, if you will, when contemplating a dental practice transition….