Archive for the ‘Financing’ Category

Practice transition marketplace and the current economy

Thursday, October 2nd, 2008

Nationwide bankers are still willing to fund practice acquisitions, even if the pricing is high. There is no time like the present to investigate your options. If you are a new dental practice owner, you have probably been bombarded by the dismal economic news. You may be incredibly concerned about how your practice will fare… read more »

Planning to purchase a practice?

Friday, August 8th, 2008

Deciding whether or not to purchase a dental practice is arguably among the most important steps that face a young dentist. The decision will have a great impact on his/her professional development, financial success, and lifestyle for many years. If you’ve decided to purchase, you should take certain steps to achieve a good outcome. Just… read more »

Boomers – Are You Thinking About Retirement?

Friday, February 1st, 2008

Our organization has found that more dentists than ever are selling their practices and moving on to an active retirement or a new vocation. The retirees who postponed their retirement due to the stock market decline post 9/11, the baby boomers who are beginning to retire, and the dentists who are moving to new areas have… read more »

Why struggle?

Thursday, October 9th, 2003

Recently, a senior dental student told me that several of his instructors encouraged him to start a practice upon graduation. At the time of our conversation, he was well along in the process. He had located a vacant space in a shopping center located in a very nice part of town. He was working with… read more »

The best reasons to ‘own’.

Monday, June 3rd, 2002

Today, if you are a dentist and do not own all or part of a practice, the question is not Why?, but Why not? Naturally, there are some compelling reasons why individuals choose not to own their own practice. However, the current environment makes the benefits of ownership so overwhelming, it is difficult to understand… read more »