Archive for the ‘Financial Planning’ Category

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

Tuesday, March 31st, 2015 by ADS - Practice Transitions Made Perfect (TM)

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 »

Terms To Consider During Practice Transition

Friday, October 24th, 2014 by ADS - Practice Transitions Made Perfect (TM)

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 »

The Hidden Investment Opportunity: Dental Practice Transitions

Sunday, March 23rd, 2014 by ADS - Practice Transitions Made Perfect (TM)

While speaking with a lender who does dental transition financing, he mentioned the great rate of returns a lot of corporations get by purchasing dental practices. He said that buying the right practices, even at fair market value, would result in rates of return as high as 15-20%. That is an incredible return rate for… read more »

Sustainability & The Dental Practice

Wednesday, December 11th, 2013 by ADS - Practice Transitions Made Perfect (TM)

By Steve Wolff, DDS I was recently asked to serve on the “sustainability task force” at my church. Many organizations are asking members and constituents to sit down and focus on what factors may influence the long-term survivability of their organizations, and to make plans and recommendations to deal with those issues. This trend is not… read more »

The State of Practice Transitions in Today’s Market

Sunday, December 8th, 2013 by ADS - Practice Transitions Made Perfect (TM)

by Frank J. Brown, JD, LL.M. (Taxation) Some of the frequent statements or questions I hear from dentists these days are – “I wish I could just be a clinician and not worry about running the business,” “What is the value of my practice?” “When is the right time to sell my practice?” and “What options… read more »