Northern California Dental Practice Transition Seminar - For Buyers
Santa Clara Dental Society
Friday, April 21, 2023
1:00 PM - 3:30 PM
Location: 1469 A, 1485 Park Ave, San Jose, CA 95126
A COMPREHENSIVE LOOK AT THE CURRENT MARKET OF BUYING A PRACTICE PRESENTED BY INDUSTRY EXPERTS
This event is for dentists who are considering buying a practice in the near future. In this course, you will learn about the legal, financial, logistical, and emotional aspects of buying a dental practice. Our team of experts will lecture and conduct Q&A sessions on the following topics:
- What to expect: The sequence of a dental practice transition
- Steps to purchasing a practice
- “Value vs. Price”
- The importance of Purchase Price Allocation
- 4 Keys of Bank Lending for Practice Acquisitions: Loan to Gross Ratio (How much the borrower can get), Liquidity (How much lenders like to see in “reserves” for a borrower), Production (How lenders make sure that the new owner will hit the ground running), Cash Flow (What it means and how it is calculated)
- Legal issues regarding buying a dental practice, including non-competes, tax structures and allocation, and liabilities
- Real estate issues that must be addressed
THE SEMINAR IS $19.00 THROUGH (4/14/2023) – REGULAR PRICE OF $49.00 AFTER (4/14/2023). RESERVE YOUR SPOT TODAY!
We encourage all attendees to bring their spouses at no cost, use promo code “FreeSpouse” and click ‘Apply’
INCLUDES 2.5 HOURS OF INSTRUCTION, LIGHT APPETIZERS, AND COURSE MATERIALS FOR YOU AND YOUR SPOUSE.
12:30 pm Check-in
1:00 pm Seminar Begins
3:00 pm Questions and wrap-up by 3:30 pm
Rod Johnston, MBA, CMA, Owner and Principal Broker, Omni Practice Group – Rod’s background in accounting, finance, sales, and real estate makes him one of the most well-rounded practice transition consultants in America. Rod has an MBA from Seattle University and is a Certified Management Accountant. He is also an Accredited Business Appraiser by the Institute of Business Appraisers. Rod’s experience and background include stints as a financial planner, as Assistant Treasurer and Director of Accounting for AT&T Wireless, and as a Commercial Broker for Keller-Williams and Omni Healthcare Real Estate. Rod started Omni in 2004 with two things in mind; provide a Nordstrom-like service to help doctors with their transition, and to be an expert resource to medical professionals in the fields we work in. He has developed systems and processes in the brokerage industry that are mimicked and copied throughout the nation. He and his company have transitioned hundreds of practices with great success while maintaining a “win-win” relationship between his clients.
Chris Barbour, Practice Transition Consultant, Omni Practice Group – As a California native, Chris left in order to achieve his degree at Brigham Young University where he studied pre – dental sciences and biomechanics. After taking the DAT and shadowing many doctors he discovered his talents were better served helping the dental community as a whole. His passion for people and processes makes Chris an asset to any transitioning dentist. Chris has been training and speaking to sales and business professionals in many industries. He is excited to bring his talents and drive to the dental community in Northern California.
TESTIMONIALS from previous attendees:
“The seminar was very informative. Many of the ‘tough’ questions were answered!”
“I clearly did not know what I didn’t know. This seminar cleared away the fog. Thanks!”
“Very good presentation. From coming in knowing really nothing to now feeling very well informed. Thanks much!”