Although the world anxiously waits to return to some form of new normal, businesses must thrive, including buying a dental practice. The good news is that the dental practice market hasn’t been affected at all, and it remains higher than ever. According to dental industry research, there is a 60% surge in purchases over the…Read More→
Tag: dental transition planning
Dental Practice Transitions: Why Sell If Not Retiring?
You don’t have to be retiring to sell your dental practice. In fact, N/L Transitions has helped many younger dentists who have years left in their career sell their practices. There is no singular model for a dental practice sale, and the seller can easily be a younger owner or a seasoned dentist. Here are…Read More→
To Sell, Or Not to Sell the Accounts Receivable
So, you found a suitable buyer for your dental practice. Congratulations! The hard work of identifying a successor is over. Now comes the tricky part: negotiating the sale. The total purchase price will typically include two numbers: one for your practice, and another for your accounts receivable. When does it make sense to sell the…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→
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→