by omniadminJune 20, 2022 Practice Management, Practice Sales, Practice Transtions, Seller Articles, Selling a Practice0 comments
What To Do with Your Practice If You Are Sick Or Dying?
Most of us have a vague notion of what retirement might look like but that’s where our planning usually stops. Getting sick or receiving a terminal diagnosis isn’t something that is easy to think about and is even more difficult to talk about. Nobody wants to contemplate their last moments in this world. Sadly, we have all witnessed peers who have been thrown a curve ball and had an illness...Read MoreBuy an Existing Practice or Build a New One?
By Rod Johnston, MBA, CMA We speak with hundreds of practice buyers each year. Many are looking for that gem of a practice in their desired area; a practice with new or newer equipment, digital technology, great location, recently remodeled, etc. Oftentimes, that practice either doesn’t exist; or if it does exist, it’s not for sale. So what’s a buyer to do – buy an existing practice...Read MoreShould I Pay Down My Student Debt Before Purchasing a Practice?
By Rod Johnston, MBA, CMA Nothing resonates more with recent college graduates than the talk of possibly wiping away student debt. Even though this might be a talking point of our current administration, it does bring up a question that newly graduated dentists worry about if they want to own their own dental practice. Should I pay down my student debt first? Or should I purchase a practice...Read MoreThe Importance of Your CPA During a Transition
The Importance of Your CPA During a Transition. Megan Urban of Omni Practice Group talks about why a dental-specific Certified Public Accountant is critical during your practice transition. Regardless if you are a buyer or seller, you should have a CPA who specializes in dental transitions. If you are a seller, your CPA will help guide you through the complexities of taxes and what you may...Read Moreby omniadminMay 17, 2022 Practice Sales, Practice Transtions, Seller Articles, Selling a Practice, Using a Professional0 comments