a TAXing Decision

November 9th, 2010

For those of you who practice as C-corporations, the sale of your practice results in a double tax; 35% at the corporate level and 15% at the individual level. Since 1998, advisors have relied on several favorable tax court rulings to minimize this double tax by taking the position that your goodwill is personal to… read more »

Avoiding a Tragic Transition

November 9th, 2010

A common deal-breaker for some practice transitions is a misunderstanding about determining practice value. The tragedy is that this need not occur if the issue is properly addressed. Among the most common misconceptions about practice value is what percentage of a year’s income is appropriate for determining value? It is very common to hear that… read more »

Receivables in transition

October 20th, 2010

There are NUMEROUS ISSUES to be dealt with in transitioning a dental practice. One issue that does not get much attention is how to deal with the accounts receivable. In most cases of a complete sale, the buyer does not purchase the receivables. Hence, when practices are valued, they typically do not include the receivables…. read more »

Improving practice curb appeal

September 22nd, 2010

If you are planning to sell your practice within the next three years, this article can help you sell it more quickly and at a higher price. A recent article in this column discussed improving a practice’s physical facility as a way to make it more attractive to buyers. Today, I will review some equally… read more »

Selling a Practice: FAQs

September 16th, 2010

by Greg Auerbach, MBA Originally published in the September 2010 issue of Dental Town Magazine. As a follow-up to my last article, which covered purchaser-related questions [Editor’s Note: See page 89 of the July 2010 issue of Dentaltown Magazine], I have compiled a list of common seller questions. If you don’t see a question you… read more »