Next up we’ll dive into practice mergers. This is a very exciting topic for me because the practice merger is probably one of the BEST investments an existing practice can make with likely the BEST ROI of all practice growth strategies. That’s my opinion anyway. Now, a “merger” is usually seen in three different forms:…Read More→
Tag: buyer representation
2018 townie mtg presentation – Buying A Dental Practice-There’s More To It Than Price-Part VI- Buyins\Buyouts\Mergers & Special Situations
In the last blog we talked about the purchase of a “large” practice with multiple doctors and the related issues with those transactions. In this blog we’ll address the “buyin” transaction where the seller isn’t ready to sell 100%, rather they want a buyer who will partner with them by acquiring up to 50% of…Read More→
Buying a Dental Practice: There’s More to it Than Price-Part II- Buyins\Buyouts\Mergers & Special Situations
I had the honor of being invited to lecture at the 2018 townie mtg in mid-April in Orlando FL. This was the 4th time they’ve asked me to lecture, and I decided to dive a little deeper into unique situations as it relates to buying a dental practice. My 2014 lecture was an overview…Read More→
Selecting the Right Transition Team
As you prepare to sell your dental practice, it’s important to have a qualified, dedicated transition team at your side. Simply choosing general advisors regardless of their specialty may seem harmless. For some dentists, choosing a general transition team has worked out fine. For most, though, a transition team comprised of dental experts yields the…Read More→
Where to Open Your New Dental Practice: Location Matters
If you’ve decided to open a new dental practice or expand your current office, choosing the location is probably one of the most important decisions you’ll make. Some factors that go into this decision are straightforward, like avoiding too much competition, but other aspects of choosing a location require more research than you might expect….Read More→
The Role of Restrictive Covenants in Dental Acquisitions
Are you buying a dental practice? Even if you have a great relationship with the selling dentist, it’s still a business transaction. As such, you want to take measures to protect yourself and your future practice with restrictive covenants. Below, we outline the two main types of restrictive covenants – non-competes and non-solicitation –…Read More→
Buying a Dental Practice for New Dentists
Buying your first dental practice is exciting and a little scary. For young dentists, buying your own practice is perhaps the biggest investment you’ll make in your career. The practice loan and your student loan debt can seem overwhelming, but the payoff can be great and the chance to be your own boss is one…Read More→
Tips to Finding The Right Dental Practice
Many dental school graduates will pursue positions as associates. Dentistry is an increasingly competitive field, and many new dental graduates find out the hard way when it takes longer than expected to find a job. Whether your plan is to find a practice to buy into or you simply want experience, here are ten tips…Read More→
Buyer of A/R Beware
About a year ago we were engaged to represent a buyer in their efforts to purchase a dental practice. The transaction went fairly smooth and it was one of those engagements where the client wanted to try & handle much of the transaction themselves…or at least as much as they felt comfortable with. As the…Read More→
What’s Most Important To You When Looking To Purchase A Practice? Part V
This is part five and the final part of my five part blog on “What’s most important to YOU when looking to purchase a practice? In case you missed part I, there’s a great thread on www.dentaltown.com asking this question and it got a lot of great feedback from people with different perspectives. As a…Read More→