The $14,000,000 Decision Every Dentist Must Make

March 31st, 2015

Suppose that when you begin your dental career that you will have to check a box like one of these: Yes, please endow me with $14,000,000 extra cash at the time of my retirement No thanks, keep your $14,000,000 and assume control of my profession while you’re at it But believe it or not, while… read more »

Considerations to make before becoming or hiring an associate

January 18th, 2015

Student loan debts, desire for work/life balance, and the benefits of a colleague in the office are among the many reasons more dentists are considering taking an associate dentist position. The trend is not limited to young practitioners. Many experienced practice owners are deciding to sell their practices and work as associates. They cash in… read more »

The Dental Practice Transition Period

December 28th, 2014

There are many issues that have to be agreed upon in order to sell a dental practice. One of them is the transition period, which is the time from settlement to the time the seller leaves the practice. The purpose of this article is to address key points that should be considered in order for… read more »

10 Statistics Every Dental Practice Owner Should Review Daily

November 21st, 2014

Dr. Joseph was a happy man when he sold his practice. His practice appeared to be merely “average” for the area. He got almost precisely his listing price, and not because he had a better location, newer equipment, or higher profit than many of his colleagues. The reason he got his price is because he… read more »

Several terms to consider during a dental practice transition aside from purchase price

October 24th, 2014

If you ask a group of doctors the most important aspect of a practice transition, the majority will point to the purchase price. Too few doctors realize that the other terms of the sale have a dramatic financial impact on the final sales price. To achieve a successful transition, buyers and sellers must work out… read more »