I understand the dental practice broker’s job is to get the highest price they can for their client. As dental-specific CPAs that provide seller representation services, that is our goal as well. Apparently, the main difference is the willingness of some brokers to turn a blind eye to certain aspects of developing the asking price…Read More→
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→
While CoVid 19 has impacted dental practices, many or most have begun the rover process over the last six months. Although your revenue may have declined in 2020, there is no reason to prolong your practice transition. So, what methods are utilized when assessing the value of your practice? The Net Asset Valuation Method…Read More→
As a dental practice owner, you must let go of your practice at one time or another. This is why, regardless of what stage you are in life, having plans to sell should always be in the pipeline. Even without the negative impact of Covid 19, you would still have a sales proposal at the…Read More→
You already know that selling your dental practice will come with a lot of contracts to sign. Did you know that a non-compete might be among them? Unless your plans involve moving to a different state for retirement, expect the buyer to ask you to sign a restrictive covenant that protects his or her new…Read More→
