Category: N/L Transitions Blog

  As dentists, you encourage your patients to come in every six months for a check-up. You know that proper hygiene and routine dental care can often prevent many long-term and more serious dental issues. When is the last time your dental practice got a check-up? Especially if you’re looking to transition out of your…Read More→

This post is the first in our new series, Dental Practice Exit Strategy.   Are you closing your dental practice soon? Maybe you’re retiring, and this has been a planned transition. Perhaps you’re merging with another practice, or sudden recent health changes prohibit you from continuing. Either way, closing your practice can be stressful. You…Read More→

Have you been busier than usual at your dental office – overwhelmed, even? You might be considering adding a new dentist to spread out the work more, or to grow your practice. But how do you know if it’s the best decision, and more importantly, the right time? As an experienced dentist and business owner,…Read More→

Are you looking to grow your dental practice? Perhaps you’re trying to add more patients, create demand for new services, reduce overhead – or all of the above.   Many factors outside your control will influence the selling price of your practice, whether it’s next year or five years from now. Factors include the quantity…Read More→

  Are you preparing to sell your dental practice? If so, you’re probably starting to organize financial data and patient records, and perhaps investing in updated equipment. But have you considered the value of updating the way your office looks? In our earlier post, we gave you top tips for selling your dental practice. One…Read More→

    If one of your New Year’s resolutions was to start planning for life after your dental practice, you probably have lots of questions: What do I want out of the process? How long will transitioning take? What’s involved? Am I ready to leave? A good rule of thumb is to start the exit…Read More→

  When the time comes for you to begin the transition process out of your dental practice, there are two parts to that decision.  The first is that you are ready to start the process because you are at a point in your life where you want to do all the things on your bucket…Read More→

You never know when something can happen that will impact your ability to practice dentistry. Each year, many dentists find themselves facing the unexpected which prevents them continuing the professional career. Or, more commonly, retirement quickly creeps up on them. Whether it’s due to accident or illness, one can never anticipate what life may have…Read More→

Timing is everything. When dealing with delicate situations such as selling your practice, you should approach the conversation with staff carefully. Some dentists experience feelings of guilt by keeping the news of their dental practice sale a secret from their staff. Or they view keeping the secret as a form of betrayal. What is important…Read More→

  When discussing the topic of dental transition, people often assume that a prerequisite for selling your practice is retirement. This could not be further from the truth, dentists who’ve made the decision to sell their practice don’t have to be approaching retirement. In fact, there is no cookie cutter mold on of how old…Read More→