Kirkland, WA
Dental practice consulting and transition firm Omni Practice Group from California, Washington, and Oregon would like to announce the hiring of Jim Vander Mey, CPA in Washington State. Jim was formerly a CFO and General Manager for a multi-million dollar company in Washington. He was integral in their transition to a new owner. Omni has been performing dental practice...Read More
Oftentimes, dentists are so caught up in their day-to-day grind of everything involved in running a dental practice that they do not have the time to figure out your exit strategy. You do everything from managing the staff to negotiating a new lease and, oh yeah, you also do dentistry in between. You are just too busy to even think about your transition.
Until, one day, your back blows...Read More
Many dentists spend their entire careers working towards the dream of retirement. They have great aspirations of spending more time with their family, traveling, doing dentistry for mission work, or teaching dentistry. Yet, when I ask dentists when they “plan” on retiring, the majority of the time they give me answers like “when it feels right”, “when I think I have enough money”, or “when...Read More
Most business owners are so busy running the day-to-day operations of their business that they do not give ample consideration to a future sale of their business. Before selling a business, there are many factors to address and adequate preparation can maximize the return to the owner.
In a perfect world, the best time to sell a business is when the business is performing well with future...Read More
Whether you are approaching retirement age or just thinking about a transition, there are several things you can do to prepare your practice for sale. Doing these things may help eliminate headaches, increase your sales price, or reduce your costs. Here are a few tips:
Assess your equipment. Upgraded practices sell faster. If you are more than five years away from retirement, I...Read More
