Practice Owners Can’t Always Sell When They Wish
A recent and insightful Forbes article, “Study Shows Why Many Business Owners Can’t Sell When They Want To” penned by Mary Ellen Biery, generates some thought-provoking ideas. The article discusses an Exit Planning Institute (EPI) study that outlined the reality that many business owners can’t control when they are able to sell. Many business owners expect to be able to sell whenever they...Read Moreby omniadminFebruary 11, 2021 Buyer Articles, Buying a Practice, Practice Management, Practice Sales, Seller Articles, Valuation0 comments
When is it Time to Value Your Practice?
By Kevin Brady, Practice Transition Advisor Transitioning the practice is probably one of the biggest decisions a dentist will make in their career. Deciding whether to transition the practice to a partner, associate, a new dentist, or corporate dentistry, you will need a plan and experts to help you make the right decision. 3 to 5 Years Before Retirement Having a financial plan when you are...Read MoreWhy We Chose to Sell Early in Our Careers and What We Learned
By Cindy Pauley, DDS, Practice Broker Early retirement in dentistry is different than most fields. For most people working life involves a minimum of 5-7 career changes. With dentistry, we generally sign up for our entire working life. So, anything less than a lifetime can be considered early. And so our story begins… My husband is in our office between patients massaging his aching thumb...Read Moreby omniadminJanuary 15, 2021 Practice Sales, Seller Articles, Selling a Practice, Using a Professional0 comments
Selling Your Practice Yourself – Penny Smart and Dollar Foolish
By Rod Johnston, MBA, CMA, Practice Transition Advisor, and Jim Vander Mey, CPA, ABI, Practice Transition Advisor You’ve heard the stories of people doing their own electrical work on their house only to be electrocuted when they try fixing the bathroom light while standing in the bathtub full of water. Or the person who decides to fix his brakes on his car only to accidentally cut his brake...Read Moreby omniadminJanuary 15, 2021 Practice Sales, Practice Transtions, Seller Articles, Selling a Practice, Using a Professional0 comments
Selling Your Practice Yourself – Penny Smart and Dollar Foolish
By Rod Johnston, MBA, CMA, Practice Transition Advisor You’ve heard the stories of people doing their own electrical work on their house only to be electrocuted when they try fixing the bathroom light while standing in the bathtub full of water. Or the person who decides to fix his brakes on his car only to accidentally cut his brake line and end up driving off a cliff. They have awards for...Read Moreby omniadminNovember 20, 2020 Practice Management, Practice Sales, Practice Transtions, Seller Articles, Video0 comments
Dealing with Credit Balances in a Dental Practice
Kevin Brady, Practice Transition Advisor, gives dentists important information about credit balances in a dental practice. https://youtu.be/Eg812mmUiSIVideo can’t be loaded because JavaScript is disabled: Dealing with Credit Balances in a Dental Practice (https://youtu.be/Eg812mmUiSI) Read Moreby omniadminNovember 12, 2020 Buyer Articles, Practice Sales, Practice Transtions, Seller Articles, Video0 comments
