For many dentists, owning your dental practice consumes the majority of your energy, finances, and professional life. Your practice is more to you than just a profession, its years of blood, sweat, and tears…decades of staff and patient memories. These factors have caused you to form an...  Read More
Are you looking to grow your dental practice? Perhaps you’re trying to add more patients, create demand for new services, reduce overhead – or all of the above.Many factors outside your control will influence the selling price of your practice, whether it’s next year or five years...  Read More
Are you preparing to sell your dental practice? If so, you’re probably starting to organize financial data and patient records, and perhaps investing in updated equipment. But have you considered the value of updating the way your office looks?In our earlier post, we gave you. One way to...  Read More
If one of your New Year’s resolutions was to start planning for life after your dental practice, you probably have lots of questions: What do I want out of the process? How long will transitioning take? What’s involved? Am I ready to leave?A good rule of thumb is to start the exit...  Read More
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, or you want to at...  Read More
You never know when something can happen that will impact your ability to practice dentistry. Each year, many dentists find themselves facing the unexpected which prevents them continuing the professional career. Or, more commonly, retirement quickly creeps up on them. Whether it’s due to...  Read More
Timing is everything. When dealing with delicate situations such as selling your practice, you should approach the conversation with staff carefully. Some dentists experience feelings of guilt by keeping the news of their dental practice sale a secret from their staff. Or they view keeping the...  Read More
When discussing the topic of dental transition, people often assume that a prerequisite for selling your practice is retirement. This could not be further from the truth, dentists who’ve made the decision to sell their practice don’t have to be approaching retirement. In fact, there is...  Read More
Though you’ve worked hard to build and grow your practice into the successful business it is today, handling the selling process on your own can be challenging. While we understand that you’ve put all the hard work into its success and you know all the ins and outs of production and...  Read More
One of the most important factors that impact your practice’s value is your location. As baby boomers approach retirement, more Gen Xer’s have the purchasing power. Based on studies, the majority of recent dental school graduates have a desire to practice in urban and suburban areas....  Read More
There’s More to Selling Your Practice Than the PriceFar too many times when dentists are preparing to sell their practice, they are focused mainly on the price and may wind up overlooking many other issues surrounding the practice sale that are just as important, some even more important than...  Read More
Maximize Your Chances of Selling and Your Sales Price Part 2
Here is a post from Ellen Dorner of NL Transitions, a Dental Brokerage firm.In Part 1 of "Maximize Your Chances of Selling and Your Sales Price", we dealt with issues within your dental office you can “clean up”. However, if those items are already completed, what else can a seller do...  Read More
Maximize Your Chances of Selling Your Dental Practice and Your Sales Price – Part 15 Ways to Improve the Selling Price of a Dental PracticeWhen someone wants to sell their home, what is the first thing that comes to mind? Typically they will start by improving curb appeal, cleaning out the...  Read More

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