Dental Seller Articles

Giving Back: Supporting Communities Near and Far

At Omni Practice Group, making a positive impact is at the heart of our mission. By partnering with incredible organizations across various causes, we strive to uplift communities, protect animals, and inspire positive change. Through financial contributions and hands-on involvement, we’re committed to fostering a brighter future. Here’s how we give back: Eastside Basket Brigade Each...Read More

5 Points to Ponder About a Transition in the New Year

We have been involved in practice transitions since the mid-1990’s.  Our company has sold over 500 practices in 12 different states.  Doctors have sold their practices for numerous reasons ranging from just being tired of owning and managing a practice to severe health issues forcing them to sell. In all these years and transactions we have performed, not one doctor has come up to us and said...Read More

Top 10 Mistakes When Selling Your Practice

By Rod Johnston, MBA, CMA Omni has sold over 500 practices since we started selling over 20 years ago. The majority of our transactions go pretty smooth, but in nearly every transaction there are road bumps, hurdles, or just some things that need to be ironed out or discussed. Here are ten of the most common mistakes that sellers make when selling their practice: Waiting Too Long to Sell...Read More

The Newby, The Young Gun, The Rockstar & The Legend…Which One Are You?

By Jon Rutty, Practice Transition Specialist Have you ever wondered what it will be like to transition your practice? No doubt you have heard stories from mentors or colleagues about the process and perhaps that is the reason you haven’t even thought about it or had the thought “I’ll cross that bridge when I get there.” But here’s a question, what if you’re on the bridge right now and you...Read More

How Much Will I Get for The Sale of My Practice?

Whether you’re selling a car, a house, or your dental practice the ultimate question that everyone wants to know is…. How much do I get?  After all the years of blood, sweat, and tears you have put into your practice and you come to the point of retirement, or just selling to take a break from ownership, you want to know, after all the fees and expenses, how much money will you be...Read More

Typical Concerns of Sellers

Typical Concerns of Sellers By: Megan Urban Most dentists may only buy and sell a practice once in their career, so it’s nearly impossible to know what to expect. You may have a few friends that have done it, but like wisdom teeth removal or birthing a baby, you will hear some wild and crazy things that may not be entirely accurate. We’ve helped dentists with hundreds of practice transitions...Read More

Preparing For The Emotional Roller Coaster When Selling

As you get nearer and nearer to retirement and are preparing to sell your dental practice, there is something you need to ponder that many doctors do not think about.  That is the emotions you will go through during and after you sell your practice. Selling a chair or even charts is easy.  It’s just an object that you are giving to another doctor to own.  But, I’ve had many doctors who...Read More

Not 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 one can work towards obtaining? Rule of thumb valuations are ones that are typically quoted and overly abused.  The typical rule of...Read More

Communication is the Key to a Successful Dental Practice Transition 

As dental practice brokers, we are often asked “What is the most important factor in facilitating a successful dental practice transition?”  The simple answer is Communication.  While it is imperative for the buying doctor to build a strong team of advisors, complete due diligence on the practice, secure financing, and navigate the closing process, all else could be lost if there is no...Read More

FAQ’s by Dentists Who Are Thinking About Selling Their Practice

1. When should I start thinking about and preparing to sell my practice? The earlier the better, but no later than 3 years prior to selling your practice in order to optimize your sales price and find a good buyer match.  Practice values are typically based on 3 to 5 years of financial information with the numbers weighted heavier towards the most recent years.  If you focus your last 3...Read More