Category: N/L Transitions Blog

5 Ways to Improve the Selling Price of a Dental Practice When someone wants to sell their home, what is the first thing that comes to mind? Typically they will start by improving curb appeal, cleaning out the clutter and making sure it is spotless,  and making it more appealing to the masses. Sellers of…Read More→

Here is a post from Tim Lott, CPA, CVA and Ellen Dorner of NL Transitions, a Dental Brokerage firm. The easy answer is no, it is not necessarily needed.   In most states it is not a legally binding agreement anyway, so why go through the effort? There are actually some very good reasons why having a LOI is crucial to…Read More→

Here is a blog from Ron Ehman from the Dental CPAs and Ellen Dorner of NL Transitions, a Dental Brokerage Firm Definition of distress – “Acute or extreme pain or anxiety, state of extreme necessity or misfortune, to compel by pain or force of circumstances“. Selling a dental practice in a distress situation is never…Read More→

Here is a post from Tim Lott, CPA, CVA and Ellen Dorner of NL Transitions, a Dental Brokerage firm. Far too many times when dentists are preparing to sell their dental practice, they are focused mainly on the price and may wind up overlooking many other issues surrounding the practice sale that are just as…Read More→

Here is a blog co-written by Tim Lott, CPA, CVA – Dental CPA and Ellen Dorner of NL Transitions. Whether you’re in the process of buying or selling a dental practice, the one question that always comes up is what information you will need to gather to get started. There is a basic list of…Read More→

It is now spring and you’ve been thinking about renewal and new starts – of your life, that is! You’ve been a practicing dentist for over 25 years and have many times thought that it was time to start the transition out of your dental practice and try your hand at something new – whether…Read More→

The one question I am most asked by dentists is “when should I start the transition process?” My quick response is to be proactive instead of being reactive.  By that I mean, instead of taking a “wait and see” approach to the dental transition process, take a proactive approach. You know that you will transition…Read More→

The decision is made – you are ready to transition out of your dental practice!  You have spent years working on growing your practice and making it the best it can be. There have been ups and downs over the years, but this has been a major focus of yours day in and day out…Read More→

Whenever I speak to dentists about eventually transitioning out of their practice, they all have the same question:  Am I better off bringing in an associate to eventually purchase my practice?  In the past my response has been vague answer of “it depends”.  However, over the last six years, my response has been a little…Read More→

Years ago, when you decided to go to dental school, all you thought about was how to make your dental practice a success.  During that time, there were many people in your life giving you advice on how to make that happen, whether they were professionals or just your family and friends.  Fast forward to…Read More→