Tips For Easier Transitioning From Your Dental Practice

  More dentists have chosen to retire or sell their practices with the aftereffects of CoVid 19 and changes in practice protocols. There are usually no likely specific rules that apply to every seller, but you may want to consider thinking out of the box to have a successful dental transition. Being receptive to more … Continued →

Important Valuation Methods When Selling Your Dental Practice

  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 … Continued →

How Female Dentists Can Better Prepare for Retirement

In our last post, we outlined some of the reasons why planning for retirement is a tougher challenge for female dentists. Women are taking more leadership roles in dentistry without sacrificing their family roles. In many cases, the demands of running a dental practice and managing a family can be hard to balance. Saving for … Continued →

Buying a Dental Practice: There’s More to it Than Price-Part II- Buyins/Buyouts/Mergers & Special Situations

So my 2014 townie presentation covered the buying process of the typical general dentistry practice, however, what if it’s NOT the typical general dentistry practice? What about the practice that someone started 3-5 years ago that never quite blossomed (the recent start-up)? What about the practice that that’s 30+ years old that someone purchased and … Continued →

Five Ways to Help Dentists Save on Taxes

It’s tax season again, and soon you will be meeting with your dental CPA to prepare and file your 2017 tax return (if you haven’t already). Whether this is your first tax season as the owner of a dental practice or your 25th, taxes remain a stressful and time-consuming process for many dentists. We’re here … Continued →