Buying a Dental Practice, There’s More To It Than Price-Part V: Buyins/Buyouts/Mergers & Special Situations

My past blog talked about non-traditional GP practices and how you should approach them, this blog will talk about the “large practice” GP practices and the various ways you’ll need to deal with them. What do I mean by “large practice”?  The “large practice” is one which usually requires at least two dentists to handle … Continued →

Buying A Dental Practice: Buyins/Buyouts & Mergers

Next up I’ll talk about the “non-traditional” general dentistry practice and how you need to approach those situations. What do I mean by “a non-traditional general dentistry practice”? I’m referring to general dentistry practices that have developed somewhat of a specialty niche that they focus on within their general dentistry practice. This could be services … Continued →

How to Tell If the Dental Practice Is a Good Fit: Tips for New Dentists

Luckily for new dentists, there are many options when it comes to joining a practice. There are small, two- or three-operatory chair practices. There are multi-location dental partnership groups, corporate dental practices; practices in cities and rural communities, and everything in between. How do new dentists know which one will be a good fit? Observe … Continued →

Why You May Need to Sign a Non-Compete When You Sell Your Dental Practice

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 … Continued →