Seller Articles

Who Should be on Your Exit-Planning Team?

By Corey Young, MBA, CVA  Let’s discuss the best approach: Financial Planner. A financial planner helps clients meet their current money needs and long-term financial goals. They use a structured process to guide clients toward prudent financial decisions to maximize their potential for attaining life goals. Using their knowledge of personal finance, taxes, budgeting, and investments—combined...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

Looking at Veterinary Practice Ownership in 2022

By Rod Johnston, MBA, CMA Happy New Year! We want to wish you a happy and healthy 2022. As the new year gets underway, we have to look at some trends that will continue into the new year, some events that may be slowing down, and other news happening in the veterinary industry. Here are a few things to think about: Veterinary Employee Shortage – This has been going on for several years now and...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

Buyer Trends in the Veterinary Industry

By Rod Johnston, MBA, CMA Happy Holidays and congratulations on making it through another year!  And what a year it’s been.  Covid is still rearing its ugly self in new forms.  Wearing masks went away, then came back again.  Some veterinary conventions were canceled, some held virtually and others allowed in-person attendance.  Corporate veterinary practice buyers are still around.  Individual...Read More

Buyer Trends in the Veterinary Industry

By Rod Johnston, MBA, CMA Happy Holidays and congratulations on making it through another year!  And what a year it’s been.  Covid is still rearing its ugly self in new forms.  Wearing masks went away, then came back again.  Some veterinary conventions were canceled, some held virtually and others allowed in-person attendance.  Corporate veterinary practice buyers are still around.  Individual...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