The first steps begin by recognizing and acknowledging a time frame of transitioning. This may be driven by desire or the need to retire. Often, dentists fear the transition process and view it as the end of their best years. Transitioning out of your dental practice is not the end, it’s the beginning. The ultimate…Read More→
Category: N/L Transitions Blog
What’s Involved in the Dental Transition Process? Part II
Work with your Dental Practice Broker Choose a broker that represents YOU. It is important that your broker does only single representation. A broker cannot fairly represent both parties when each party has different goals, i.e. the seller wanting to realize the most net profit out of the practice and the buyer wanting to purchase…Read More→
What’s Involved in the Dental Transition Process? Part 1
Be Ready To Transition The most common reason dentists decide to transition is because they are ready to retire. Whether or not this is your reason, you should begin the planning process three to five years before your target retirement date. Divorcing emotional attachment will help you make smart decisions and be ready to make…Read More→
Practice GPS: Where Are You on The Roadmap to Transitioning?
Transitioning out of your dental practice can be tough if you don’t have a solid plan. This major milestone can often be stressful given the financial and professional importance. Whether the decision to transition is due to an emergency exit, a planned exit or just ongoing preparedness, it’s never too early to put a plan…Read More→
What’s On Your Bucket List For Your Next Chapter Of Life?
If you are planning to transition out of your practice, having enough retirement money is extremely important. You’re on the verge of finally pursuing your other goals and dreams outside of your practice, and now it the time to ensure that you have the proper finances to enjoy your next life chapter.
What is the Value of Your Dental Practice? Tips on Setting Your Practice Value
Whether you’re transitioning out due to retirement or preparing your practice for a merger, it’s important to position your practice to be as attractive as possible to the potential buyer. Do you know the value of your dental practice? How does your practice size up in the competitive marketplace?
Tips on How to Sell Your Dental Practice
There are several approaches to take when preparing to sell your dental practice. You have worked extremely hard to build your practice and have invested a lot of money, sweat and tears to build your dental practice into what it is today.
Important Steps for a Successful Dental Practice Sale
When planning to sell your dental practice, it is important to follow a few important steps to realize the most value from your practice. Implementing these steps from the beginning will make your practice sale significantly easier and more profitable. Continue to generate and maximize your gross collections. It is easy to fall into the…Read More→
Checklist of Items Needed for Dental Practice Sale
Are you starting to consider selling your dental practice? Here is a useful checklist of some of the items you will need in order to begin the process. For further details, email Ellen Dorner (a dental broker) or pick up the phone and call her at (800) 772-1065.
General Practice Dental Office in Laurel/Wheaton, MD for Sale
Well-established GP practice in high-rise professional bldg. with free parking. Adjacent to Wheaton Plaza Shopping Center. @2200 sf – 4 ops with high-end updated equipment, lab, staff lounge, private office for Dr. Grossing in excess of 800,000. Great opportunity for growth due to re-development in Wheaton/Laurel area. Easy access to 95 and 495 and the…Read More→