Category: N/L Transitions Blog

Are you considering retirement in the next few years? Or maybe you don’t have immediate plans to transition out of your dental practice, but the thought of leaving your career is overwhelming. If you’re unsure where to start, a good idea is asking the dentists who have been there. We’re continuing a series where we…Read More→

Throughout the years, we at N/L Transitions and Dental CPAs have been lucky to work with numerous outstanding dentists as they grew their practices and eventually retired. The transition out of dentistry is a process and has nuances that catch many retiring dentists off guard. We thought it would be timely to reprint some of…Read More→

Selling your dental practice can be scary, right? There are a lot of unknowns and little details in the transition process, and it can really become stressful at a time when you’re preparing to wind down, not spend even more time on your practice. As we approach Halloween and the season for “scaring,” we thought…Read More→

Some dental practices are only on the market for a couple months when the ideal buyer comes along. As brokers, we advise selling dentists to prepare for a transition process much longer than that – up to a couple of years, depending on the situation. This is normal; but a practice that’s still sitting on…Read More→

You don’t have to be retiring to sell your dental practice. In fact, N/L Transitions has helped many younger dentists who have years left in their career sell their practices. There is no singular model for a dental practice sale, and the seller can easily be a younger owner or a seasoned dentist. Here are…Read More→

So, you found a suitable buyer for your dental practice. Congratulations! The hard work of identifying a successor is over. Now comes the tricky part: negotiating the sale. The total purchase price will typically include two numbers: one for your practice, and another for your accounts receivable. When does it make sense to sell the…Read More→

Dentists who are not yet ready to retire may want to consider owning their office building to their long-term retirement strategy. Real estate has historically been a solid investment for anyone looking to generate income on the side, and at a time when dental office lease rates are rising, why not become your own landlord?…Read More→

Like most dentists nearing the end of their professional career, you may be trying to cut back on hours. Working fewer days per week or less each day is a great way to avoid burnout and still practice dentistry, but on your terms. Problems can arise when those hours aren’t being used to see patients,…Read More→

The unfortunate truth is that female dentists face an uphill battle when preparing for retirement. The challenge starts with the difference in earning potentials. Yes, the gender pay gap is closing but not fast enough. Women in dentistry are making an average of $120,00 per year while male dentists are making an average of $185,000…Read More→

In our previous blog posts, we discussed the challenges that women in dentistry face when preparing for retirement. But what can female dentists do to take control of their long-term financial security? No matter where you are in your career – just out of dental school or an established professional – you can take steps…Read More→