Selling Your Dental Practice? It’s Not as Easy as It Looks
I’m sure many of you have sold a car, boat, or a house by yourself. For the most part, cars and boats are pretty simple to sell. Even selling a house only involves a couple of pieces of paper, an escrow agent, and a few other steps. But selling your practice is another ballgame. Emotions get involved as you are attached to your patients, staff, and heck, you built this baby! There...Read MoreNot All Valuations are Created Equal
Practice valuations and those that value practices can come in all shapes and sizes. Did you know that there are probably 20 different methods you can use to value a practice? Did you know there are 5 to 10 different certifications or accreditations for those who value practices? Rule of thumb valuations are ones that are typically quoted and overly abused. The typical rule of thumb...Read Moreby omniadminJuly 2, 2019 Practice Sales, Practice Transtions, Seller Articles, Using a Professional0 comments
Broker Vs. No Broker
By Megan Urban & Jim Vander Mey, CPA, ABI Thinking of selling your practice but don’t want to pay the broker’s commission? Think again. History shows that any time you sell your business and/or real estate yourself, the chance of failure of the transaction is over 50%. A commission will be much more digestible than the result if you try to do it yourself. We receive calls from senior...Read Moreby omniadminJuly 2, 2019 Practice Sales, Practice Transtions, Seller Articles, Using a Professional0 comments
