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Questions Frequently Asked by Dentists Who Are Thinking About Selling Their Practice

1. When should I start thinking about and preparing to sell my practice? The earlier the better, but no later than 3 years prior to selling your practice in order to optimize your sales price and find a good buyer match.  Practice values are typically based on 3 to 5 years of financial information with the numbers weighted heavier towards the most recent years.  If you focus your last 3...Read More

When Do You Know You’re Ready for Your First Dental Practice? 

You have been out of dental school for over a year now, working as an associate, or a GPR assignment.  You’re getting antsy as the owner keeps giving you the new patient exams, fillings, and the mean, nasty patients they don’t want to see.  You’ve got the itch for a change, either to do a startup or buy your first dental practice.   But, how do you know you’re ready?...Read More

Selling Your Dental Practice Does NOT Mean You Have to Stop Practicing

Whether you have owned your practice for 40 years, or owned it for 5 years, selling your dental practice does not mean you are done practicing.  We often meet with doctors who are sick and tired of managing their staff, doing the bookkeeping, playing games with the government agencies, dealing with the ups and downs of the economy, the changing environment of the profession, and on and on....Read More

Seeing the Jungle through the Trees

  All practices have something wrong with them.  Some have more problems than others.  The key to analyzing and acquiring a practice is having a vision and being able to know how to overcome and fix the problems.  Case Study #1 – A practice has historically produced $800,000 but is now down to $400,000 with no new patients coming in the door.  Turn and run, or look into it further?  If...Read More

Preparing To Sell My Dental Practice

Preparing To Sell My Dental Practice By Megan Urban   Selling your practice can be a difficult decision to make for many reasons. Perhaps you aren’t ready to stop treating patients but want fewer headaches. Perhaps you don’t know where to start or how the process works. Start today by contacting us to provide you with years of experience to bring you comfort and understanding. Below are a...Read More