I keep running into well-tenured dentists who have enough money to retire, they’re old enough to do a transition (past 65) and they love what they do, but they don’t want to sell their practice. Commonly, tenured dentists have not updated their technology and they’re losing patients as a result; their practice is floundering and they ask me what they should do.
Howard Farran from Dental...Read More
Omni Practice Group is now a proud member of the National Association of Practice Brokers (NAPB).
We are the exclusive NAPB member for Dental Practice Transition Brokers for Washington and Oregon. NAPB is a national organization of practice brokers that is focused on holding a higher standard for Dental Practice Transition Brokers. The NAPB is involved in educating brokers on the laws,...Read More
With so few practices on the market, I often get the question “Should I just start a new dental practice?” Since I am a commercial real estate broker specializing in helping dentists find new locations as well as being a practice broker, I can give you an educated answer. That answer is “it depends”.
Here are 10 questions to ask yourself to see if you are a candidate to do a scratch start...Read More
Welcome to the New Year!
In this blog, we aim to provide educational and other information as it relates to practice transitions, sales, management tips, accounting, and tax advice, and an occasional humorous quip or two. Our depth and breadth of knowledge range from practice sales to how to increase production to how to make great salmon with jalapeno pepper sauce! If we don’t know it,...Read More
I meet over 150 dentists each year who are looking to buy an existing dental practice. Of those, I would estimate that 30% have done any research on what is involved in buying a practice. Of those 30%, none of them know the beginning to end process of buying a practice. While I can’t cover all the steps in this article, I can give you some guidance on where to start and what steps to take...Read More