BlogPosts

Who can Buy a Dental Practice?
Who can buy a dental practice?Whether or not you can buy a dental practice depends on which state you live in. At a point in time, most states prohibited corporations from owning dental or medical practices. This came from the idea that only a person who is licensed to practice dentistry or...  Read More
The Steps Involved in a Practice Transition
The process of a dental practice transition involves several different contracts. Typically, after the practice owner has selected a potential buyer, that buyer will want to obtain financial or operational information about the practice. Before providing a buyer with confidential practice...  Read More
Best Time To Sell A Dental Practice: 5 Questions To Ask Yourself
Best Time To Sell A Dental Practice: 5 Questions To Ask YourselfThinking about selling your practice can be overwhelming. We realize that every situation is unique, and we are here to walk you through it. Professional Transition Strategies can help you navigate through this process because we have...  Read More
THE Year to Consider Selling your Dental Practice - 2017
WHY 2017 MIGHT BE THE YEAR TO CONSIDER SELLING YOUR DENTAL PRACTICEAs practice transition specialists, we are often asked, “Is now a good time to sell my dental practice?” While there are many factors involved in making the decision to transition your practice, the short answer is YES....  Read More
Selling Is Not Only For Those Facing Retirement
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
Why You Shouldn’t Try To Sell Your Practice on Your Own
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
The Savvy Dentist #33: Insider Tips for Buying and Selling Practices with Simon Palmer
The Savvy Dentist PodcastWhere Great Dentistry Meets Great BusinessCreate a dental practice and a business life you love with Dr Jesse Green as he interviews successful dentists, entrepreneurs, and athletes. Listen in as guests share their stories, ideas and business techniques that you can take...  Read More
Dental Practice Broker MLS
Most Dental Practice Brokers run stand alone companies that do not collaborate with other dental practice brokers. This is how things were in real estate 20 years ago when real estate brokers signed up Sellers to Exclusive Right to Sell contracts and did not work with other Brokers. Today, most...  Read More
Buyer Beware – Practice Prices Based on Rules of Thumb
We’ve recently seen an uptick in practice purchase/sale transactions involving specialists such as endo, oral surgery, perio, and prostho. Obviously, the vast majority of practice purchase sales we see are general dentistry because the vast majority of practices out there are general...  Read More
Are You Paying Attention to What You are NOT Doing That Could Significantly Increase Your Practice Value?
Sometimes documenting what you areNOT doing is as important as documenting what you ARE doing when it comes toincreasing the value of your dental practice for potential buyers. In our Practice InformationSummary form, which is used in part to illustrate the value of a dentalpractice, there is the...  Read More
Withholding Pay after Termination of Employees
Many dentists do more than practice dentistry: they own, run, and manage a business. Unfortunately, employee termination is often a necessary part of running a successful practice. Many dentists inquire as to whether it is permissible to withhold a former employee's pay when a former employee has...  Read More
Presenting Your Practice to Potential Buyers
At Southeast Transitions, we are often asked by future sellers,“What do we need to prepare to present our practice to future buyers?”Here’s what we have found: Have a clear message about the reason for the sale. Prospective buyers will want to know why you are selling. A...  Read More
Selling a Dental Practice after Death of the Dentist
The dentist is the backbone of the practice; in fact, there are many patients who become so attached to their dentist, that they will drive across town or even longer distances to see him or her. Unfortunately, when the dentist passes on, the practice is at risk of being sold at a loss or even...  Read More
What Do Dentists Look for When Buying a Dental Practice?
As a dental practice owner who has put a lot into your practice, it's only natural that you would see your practice in a different light than a potential buyer, who is not as familiar with it. However, when making the decision to place your dental practice for sale, considering the needs and wants...  Read More
Cyber Security for Dental Practices
The provision of healthcare is changing at a rapid pace as healthcare providers endeavor to maintain maximum efficiency while navigating the technology rich climate. As a result of the reliance on electronic data, dental offices have become vulnerable to cyber security threats. The growing volume...  Read More
Who Am I Without My Practice: Overcoming the Fear of the Unknown
We all face life changing decisions during our careers,particularly in transition periods.Those of us who have dedicated a lifetime to pursuing a profession andhoning our craft, often become enmeshed in our own vocation. Our self-worth, and indeed our identity as aperson, becomes fused with our...  Read More
Timing is Everything - Don't miss an opportunity to lead your transition.
“Bad things aren't obvious when times are good, after all, you only find out who is swimming naked when the tide goes out.” - Warren Buffett, 2001Way too often, we are guilty of following along our current paths, waiting on an event that forces us to change.It’sdifficult to...  Read More
Video: Dental Practice Transitions - Hear from Dentists Who Have Been Through It
Planning your dentalpractice transition: the most important professional decision you'llmake.This video allows you to hear directly from dentists who have been through it so you know what to expect and know how to avoid critical errors.VIDEO:DENTAL PRACTICE TRANSITIONS: What You Need to...  Read More
Protect Your Family & Your Legacy with a Codicil to Your Will
A growing number of dentists are continuing to practice as long as they can physically handle the stresses of the job. Thedecision not to move into retirement has been very positive for theirpatients and staff since they continue to receive high quality care froma person they trust. Additionally,...  Read More
VIDEO: Dr. Thomas – From Anxiety to the Top 1% Club in a Year
Here's Jason Smith's latest post for the Four Quadrants Advisory™ blog.When Dr. Ryan Thomas first acquired his practice, he and his wife Martha weren’t prepared for the new stresses that would enter their lives. After searching for someone who could help them get back on track, Ryan...  Read More
The Tax Implications of Starting a Dental Practice Transition
Here's Kathy Collins' latest post for the Four Quadrants Advisory™ blog.The decision to begin the process of transitioning your practice into the hands of your successor is a tough one, of course. It’s been the center of your life for years, and even if you’re totally ready to...  Read More
What Happens to Your Practice When You Sell?
Here's my latest post for the Four Quadrants Advisory™ blog.If you do everything right, what happens to your practice immediately after you sell it and retire is up to you, for the most part. You can have a custom transition process, and ensure that everything is executed to your liking. That...  Read More

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