Dental Transition Options: Reinventing Retirement

More dentists are approaching retirement with a different mindset. It’s no longer all or nothing: you can give up total control of running your practice but remain in the game, and on your terms. When you’re ready to step back but not actually ready to sell, there are two transition scenarios that many dentists have … Continued →

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 … Continued →

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 … Continued →

Four Strategies to Quickly Increase Your Dental Practice’s Value

Although the right time to transition out of your dental practice is different for each dentist, the time of year does have an impact. Dental transition trends point to an increase in buyer demand early in the year. If your retirement funds are in order and you’re ready to retire, January may be an ideal … Continued →

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, … Continued →