Dental Seller Articles

Interview Questions for Every Dental Practice Role

By Megan Urban, Practice Transition Advisor Businesses across the country are struggling with staffing issues and the dental world is NO exception. During the pre-pandemic years finding great staff was a challenge, but since the pandemic began finding and retaining great staff has become a tumultuous experience. What follows are some interview questions that have helped dentists and their...Read More

Settling Liens Prior to Listing Your Practice

By Jen Bennett, Omni Practice Group In preparation for listing your practice, there are several steps to consider, but one important step that is often overlooked is settling any outstanding liens against your practice. As you know, “A lien is a claim or legal right against assets that are typically used as collateral to satisfy a debt. A creditor or a legal judgment could establish a lien. A...Read More

10 Tips to Help Make a Workback Successful

Bruce Johnson, DDS, Practice Transition Advisor at Omni Practice Group, has personally been involved with 3 practice sales and workback agreements. In this video, he provides you with 10 tips to help your workback transition be successful. https://youtu.be/IyEI-U1EXlsVideo can’t be loaded because JavaScript is disabled: 10 Tips to Help Make a Workback Successful...Read More

What Dentists Need to Know Before Selling to a DSO

By Rod Johnston, MBA, CMA Selling your practice is a major decision you face.   You must decide when is the right time to sell?  At what price will you sell?  To whom do you want to sell your practice? And how will you transition out?  These last couple of years haven’t helped any with Covid not going away anytime soon, the economy during a recession, and potential tax increases at the state...Read More

What Do You Think Your Practice is Worth?

Megan Urban, Practice Transition Advisor at Omni Practice Group, explains why it is a good idea to get an understanding of what your practice is worth 2-3 years before you plan to sell. https://youtu.be/93r-dD-eH_cVideo can’t be loaded because JavaScript is disabled: What Do You Think Your Practice Is Worth? (https://youtu.be/93r-dD-eH_c) Read More

It’s All in the Numbers

By Rod Johnston, MBA, CMA As you close out this past year and reflect on the first full year without any shutdowns as 2020 brought us, it makes sense to step back and take a look at your numbers.  This is the case whether you are in your first year of practice ownership, have owned your practice for ten years, or you are getting closer and closer to retirement.  You should always be managing...Read More

Why Practices Don’t Sell

By Megan Urban, Practice Transition Consultant Your practice has successfully worked for you for many years so why isn’t it selling? It could be the transition consultant (broker) you are using, or it could be your practice. Working with an experienced transition consultant is important. We know where and how to advertise. It doesn’t work to simply advertise on a website. You will want...Read More

4 Interesting Things to Implement So Your Dental Office Runs Smoothly

By Dr. Mehmood Asghar When you walk into your dental office and see your staff members bustling around you, you might assume they are working productively. But your staff and employees are constantly trying their best to catch up with their daily tasks; they are just busy – not productive. A successful dental practice is one where routine tasks are streamlined, and all processes run...Read More

Advice for Dentists Who Are Thinking About Selling Their Dental Practice

For Dentists who are considering a practice sale – Here is some advice from an experienced Practice Transition Advisor – Megan Urban, Omni Practice Group.   https://youtu.be/rRZE2qn9BUgVideo can’t be loaded because JavaScript is disabled: Advice for Dentists who are thinking about selling their dental practice (https://youtu.be/rRZE2qn9BUg)   Read More

Getting Your Practice Ready to Sell

By Cindy Pauley, DDS & Practice Transition Advisor, OMNI Practice Group You are ready! You woke up one morning early last week and said to yourself, “It’s Time!” You have loved being a practicing dentist. But for a multitude of possible reasons, you are ready to sell. So, what’s next? You look around and think is my practice ready to sell? All of a sudden you see the chipped paint...Read More