Category: N/L Transitions Blog

  Though you’ve worked hard to build and grow your practice into the successful business it is today, handling the selling process on your own can be challenging. While we understand that you’ve put all the hard work into its success and you know all the ins and outs of production and operation, it is…Read More→

  One of the most important factors that impacts your practice’s value is your location. As baby boomers approach retirement, more Gen Xer’s have the purchasing power. Based on studies, the majority of recent dental school graduates have a desire to practice in urban and suburban areas. According to surveys, practice values continue to remain…Read More→

  With every New Year comes the opportunity to make positive changes. During this time, many of us can start with a clean slate and make shifts in the way in which we operate both personally and professionally. Now is the time to set new goals or revisit goals from the past that got pushed…Read More→

  For many dentists, owning your dental practice consumes the majority of your energy, finances, and professional life. Your practice is more to you than just a profession, its years of blood, sweat, and tears…decades of staff and patient memories. These factors have caused you to form an emotional attachment to your practice. For many…Read More→

Purchasing a dental practice is one of the most important decisions you will make during your professional career. It’s crucial that you approach decisions regarding this lifetime investment with a clear mind and full understanding of the value of the practice you are considering. Having a strong team of dental transition advisors helps alleviate some…Read More→

  When is the best time to transition? The best time to begin planning your transition out of dentistry is as soon as possible. Early planning gives you time to identify your sale goals, access your financial needs, and work with your dental broker to maximize the value of the revenue generated from your dental…Read More→

  When most people dream about building their dream home, they envision all aspects of the home building process- the architecture, location, square footage, furnishing, etc. One of the first steps taken to convert the dream into a reality is outsourcing the job to a team of experienced professionals to build the home. The same…Read More→

Here is a post from Tim Lott, CPA, CVA and Ellen Dorner of NL Transitions, a Dental Brokerage firm. In Part 1 (5 Ways to Improve the Selling Price of a Dental Practice), we dealt with issues within your dental office you can “clean up”. However, if those items are already completed, what else can a seller do to enhance the value of their…Read More→