What’s In A Purchase Price

One of the most common questions we get at N/L Transitions is “What is my dental practice worth?” The answer is complicated and depends on so many factors, including many that are out of the dentist’s control. The simplest solution some use is to multiply the dentist’s net income by 1.5 times, or take the…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→

Don’t Be So Quick to Turn Your Head on High Overhead

So you’re in the market looking to buy a dental practice, and you’ve seen information from brokers with summary practice information. As you’re looking at the overhead information, you think that some of the OH stats look really low and that must be great, and some look really high, and that must be terrible, so…Read More→

Top Tips for Selling Your Practice

  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 planning…Read More→

Is Your Practice Ready to Start the Transition Process?

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 list,…Read More→

Transition Pitfalls

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→

Selling Is Not Only For Those Facing Retirement

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 a…Read More→

Location, Location, Location…

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 at…Read More→

Planning Your Dental Transition

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 dental…Read More→

Emotional Practice Purchases

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→

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