Archive for the ‘Uncategorized’ Category

Understanding EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization)

Friday, December 30th, 2016 by ADS - Practice Transitions Made Perfect (TM)

Peter J. Ackerman An understanding of the value of a dental practice is essential not just for those considering a transition, but for any dentists attempting to accumulate wealth for their retirement. All dental practice owners need to understand the true investment earnings (EBITDA-earnings before interest, taxes, depreciation, and amortization) of what is often their… read more »

When Behavior Defies Logic

Friday, December 30th, 2016 by ADS - Practice Transitions Made Perfect (TM)

By Sarah Lynch The top three risky behaviors for dentists to avoid are indecision, procrastination, and letting emotions drive a deal. These can cost you financially and rob you of your peace of mind. The smoothest practice transitions involve careful planning and excellent communication between the parties. I can’t emphasize planning enough! The most successful… read more »

Dental practice real estate: own it or rent it?

Friday, November 4th, 2016 by ADS - Practice Transitions Made Perfect (TM)

Edward R. Esposito, MBA, CVA ANY DENTIST LOOKING INTO COMMERCIAL REAL ESTATE (CRE) for his or her dental practice should have the mentality of being “pro real estate.” In other words, you should not be afraid of real estate financing, market forces, and property management. If you are comfortable owning a home or rental property,… read more »

Selling your practice is not about money!

Friday, November 4th, 2016 by ADS - Practice Transitions Made Perfect (TM)

Theodore C. Schumann, CPA, CFP YOU MAY BE THINKING: Is this guy crazy to say that selling my practice is not about money? While getting a fair price for your practice is important, I can tell you that after 30 years of putting together over 600 successful transactions, money is almost never the most important… read more »

The power of the full price offer

Thursday, November 3rd, 2016 by ADS - Practice Transitions Made Perfect (TM)

Joseph D. Jordan, JD AS PROFESSIONALS AND BUSINESS PEOPLE, most of us have been taught that a deal is not a deal worth having until it has been negotiated to the nth degree and every last bit of wiggle room has been captured. The back and forth is what makes us feel like we’ve gotten… read more »