When should we freeze the practice price

Sometimes you, the associate, are offered an opportunity to buy into the practice in which you have been associating. You may be offered a fifty percent interest in a two-doctor partnership or a thirty-three percent interest in a three-way doctor partnership, etc. We all know that the price the associate is paying today will likely … Continued →

Seller Wants to Delay Closing due to PPP2-What Does a Buyer Do?

It’s fall 2020, and you have found a practice that checks just about every one of your wish list boxes. You have engaged professionals to assist you with the due diligence, nailed down your lender for the loan, negotiated a new favorable lease with the landlord, and have the closing date nailed down as well … Continued →

A Simple Dental Business Selling Guideline

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 … Continued →

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 →

Transition Options: Traditional Ways to Hand Off Ownership of Your Dental Practice

The path to retirement can look different for every dentist. Where you fit depends on your goals, lifestyle, preferences, and management philosophy, among other factors. Dentists who are contemplating retirement and want to know the traditional options to stepping away from their practice, continue reading for practical scenarios that can help achieve your transition goals. … Continued →