Professional Transition Strategies
Professional Transition Strategies
PTS wants to help you every step of the way. Whether you're selling, buying, leasing or expanding your dental clinic, PTS is here to provide the information, answers and expertise you need. Check back weekly for our most recent blog posts!
Professional Transition Strategies

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Why Start Planning Your Retirement Now
Just because you aren’t ready to hang up your proverbial hat doesn’t mean you should wait to plan retirement from your dental practice. Even if you aren’t ready to make an immediate change, envisioning your post-transition life starts with years of pre-planning. Here’s how to plan ahead, even if...  Read More
How to Avoid Financial Mistakes from the Pandemic
Just because shutdowns as a result of the COVID-19 pandemic are in the rearview mirror, doesn’t mean your dental practice is out of the weeds just yet. Now more than ever, it’s important to tighten your purse strings to keep your dental practice on financial pace to recovery. Here’s are some...  Read More
How President Biden’s Tax Plan Affects You
With any new presidency comes change, no matter which side of the aisle you sit on. U.S. President Joe Biden plans to raise taxes by nearly $3.5 trillion during the next 10 years on corporations and individuals who earn more than $400,000 annually, which may affect your financial status. Here is...  Read More
A Breakdown of the 2021 Salary Survey
2020 was anything but a typical year for dental practices with mandatory shutdowns and patients hesitant to . Big picture COVID-19 impacted the workforce in ways we’re still trying to understand. Of the 10,890 dental professionals surveyed nationwide, 35% will seek new employment in 2021, while...  Read More
Should Your Dental Practice Require COVID-19 Vaccines for Staff?
Anti-vaxx There will most certainly be employees who are hesitant to get the vaccine due to its tight timeframe for release, potential side effects, or other personal considerations. No matter the reason, the employer must carefully consider and manage the concern on a case-by-case basis, even if...  Read More
It’s an understatement to say a lot is on the line for this November’s presidential election in the U.S. But is your dental practice one of them? The short answer is no, the outcome of next month’s election will not make or break your dental practice. Here’s why with both points and counterpoints...  Read More
We’ve gone through some crazy months with the COVID-19 pandemic shutdown. Those owning dental practices undoubtedly wonder how locking their doors for all procedures aside from emergencies would affect their numbers and, in turn, the value of their practice. Unlike businesses such as restaurants,...  Read More
How Long Will it Take to Sell Your Dental Practice?
How Long Will It Take to Sell Your Dental Practice? The most common question leading up to a dental practice transition is, “How long will it take to sell my practice?” While the answer isn’t cut and dry, there are a number of factors that contribute to how long your dental practice will be on...  Read More
How to Not Let the Value of Your Dental Practice Drop during a Transition
How to Not Let the Value of Your Dental Practice Drop during a Transition    With so much going on during a dental practice transition, it’s easy to let things slide off your radar. A common and honest mistake is letting the value of your practice drop leading up to the proverbial changing of the...  Read More
20 Questions to Ask a Dental Practice Broker
20 Questions to Ask a Dental Practice Broker    Before  will make for a smooth transition. Here’s a list of 20 questions to get you started in the right direction so you can feel confident in making your selection. Questions to ask a dental practice broker     Do you perform practice appraisals?...  Read More
Single Agency VS. Transaction Dental Practice Broker
Single Agency VS. Transaction Dental Practice Broker By now, hopefully you know that  that is a good fit for you and your situation. But did you know that there’s not just one type of dental practice broker? Read on to decide whether your practice is worthy of assistance from a single agency...  Read More
How to Choose the Best Broker for Your Dental Practice Transition
How to Choose the Best Broker for Your Dental Practice Transition  will focus on the bottom line and vet potential buyers while alleviating stress for you. But how do you know which broker is the best fit for you and your practice? Read on to find out. Ask the right questions Before hiring a...  Read More
4 Reasons to Switch to a Cloud-Based Dental Practice Management Software
4 Reasons to Switch to a Cloud-Based Dental Practice Management Software Simply put, cloud-based software runs on the internet rather than hosted locally on the computer in your dental practice office. In a digital era, it might be surprising to learn that cloud-based management software is not...  Read More
What to Look for in a Dental Practice Lender
What to Look for in a Dental Practice Lender   As with all members of your , finding the right lender isn’t a cut-and-dry process. Likewise, your lender should have a strong understanding of the industry, as well as the ability to judge high-quality practices. Because the dental industry is one...  Read More
What You Need to Know about Delta Dental Premier
What You Need to Know about Delta Dental Premier Unless you’ve been operating under a rock, you might be aware that Delta Dental Premier is being phased out. Because this segment of Delta Dental is being eliminated, dental practices whose patients are primarily Delta Dental Premier subscribers...  Read More
When (and When Not) to Invest in New Dental Equipment
Whether you’ve just  a dental practice or have been in business for decades, the question or whether or not to invest in new equipment will inevitably arise. It may be tempting to invest in all-new dental equipment as the need arises, but before opening your wallet, you’ll want to consider...  Read More
Guest Post: Dental City Dwellers
As a silver-haired dentist who also enjoys a good road trip now and then, I have had the opportunity to make several observations about life in the U.S. These range from evaluating roadside oddities (I always stop and see them, unless doing so will make me late for a college football game or...  Read More
6 Perks of Buying a Rural Dental Practice
6 Perks of Buying a Rural Dental Practice When , it’s easy to be drawn toward big city or metropolitan areas. After all, more people equals more money, right? Not necessarily. One in ten dentists practices outside of a 30-minute radius from a large city, and for good reason. Here are some...  Read More
4 Ways to Prepare for a Dental Practice Relocation
4 Ways to Prepare for a Dental Practice Relocation   Relocating your dental practice is much more than just packing up your boxes and moving. There are a lot of steps that need to take place before the big move in order to ensure a successful outcome for both your staff and patients. Here are just...  Read More
5 More Considerations when Relocating Your Dental Practice
5 More Considerations when Relocating Your Dental Practice Whether you are  across the street or across the country, it is important to have your relocation strategy in place before the big day. There are many reasons why one may decide to move their practice from its current location, including...  Read More
How to Establish a New Dental Practice, the Last 6 Months
How to Establish a New Dental Practice, the Last 6 Months You’re in the home stretch! You’ve made your  and checked it twice; now it’s time to buckle down as your dream becomes a reality. Here, we break down the final steps to opening your dental office doors. 5 months before opening It’s...  Read More
How to Establish a New Dental Practice, the First 6 Months
With so many established dental practice  especially are in a good position to establish a startup. Breaking down the steps to dental practice ownership can be manageable when following a time table. Here’s how. 9–12 months before opening As with any major life purchase, start by evaluating...  Read More
You’ve Graduated from Dental School; Now What?
You’ve studied for the past eight years and now finally have that much coveted dental degree in hand. Now what? Even if your dreams are to own your own practice, there are other options to consider and a few steps you might want to take first. Here, we break down some options for dental school...  Read More
How to Renegotiate Your Dental Practice Lease, Part 2
How to Renegotiate Your Dental Practice Lease, Part 2 By now, you’ve already established your role of landlord or tenant in the lease-renegotiation process thanks to  of this blog post. Now, it’s time to break down the basics of lease renegotation for your dental practice. Here, we offer a primer...  Read More
How to Renegotiate Your Dental Practice Lease, Part 1
How to Renegotiate Your Dental Practice Lease, Part 1    Depending on the remaining time left on the lease of your dental practice, it may be time to renegotiate the terms, which can make financial and practical sense for both the landlord and tenant. The key to a successful renegotiation is to...  Read More
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