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Dental Practice Transition Articles

Financial Planning

When Selling a Dental Practice, Make Sure You’re Following Expert Advice

Friday, January 21st, 2022 by Timothy G. Giroux

Recently, a retiring doctor perused the website of a large and trusted dental insurance company and found information relating to practice sales. Part of that information included letters for sellers to give to their staff to make sure the selling doctor would be in compliance with state labor law upon the close of sale. The […]

Your Multimillion-Dollar Decision

Wednesday, November 11th, 2020 by Earl M. Douglas, DDS, MBA, BVAL

If you’re a dental student or new graduate, you’re going to be faced with a multimillion-dollar decision soon. Would a difference of over $12 million dollars in a 30-year career make a difference to you? If so, keep on reading. I know you’re thinking, “What kind of stupid question is that? Of course, I would […]

Financing for Dental Practices Today

Monday, March 23rd, 2020 by ADS Transitions

Whether you are a first time practice owner or someone looking to expand, relocate or add an additional location, the options for financing today have never been more extensive. When it comes to the types of financing available for the purchase of a dental practice, the most common options are conventional banks, small business loans […]

Maximizing Your (Huge) Investment

Tuesday, February 20th, 2018 by ADS - Practice Transitions Made Perfect (TM)

In my career of helping dentists acquire their practices, obtaining financing is one of the bigger tasks. In previous years, I was dealing with the commercial brick and mortar banks that you pass on the way to wherever you go.

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..

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 […]

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 […]

Sustainability & The Dental Practice

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

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 so much about […]

The State of Practice Transitions in Today’s Market

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

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 do I have to practice after […]

Breakthrough in Retirement Withdrawals

Friday, December 6th, 2013 by Brian Hufford

Never has there been a time when retirees need good strategies to safeguard retirement income throughout a long retirement. The combination of increased life expectancy and near-zero income creates the need for a new retirement thought process. Currently, financial planners use a paradigm of “safe withdrawal rates” and “expected returns” for different allocations of stocks, […]

Hire An Associate? Long Transition? Partnership? Retire? I’m Confused!

Monday, December 2nd, 2013 by ADS - Practice Transitions Made Perfect (TM)

Baby boomers are perhaps the largest segment of full-time practicing dentists in the country today. Many are reaching a point where they need to decide how to transition out of their profession. We will briefly discuss some options during this important phase in your decision-making process. The goal is to arm you with 1,000 questions […]

Patient Relationship Building for Long-Term Practice Success

Tuesday, October 1st, 2013 by ADS - Practice Transitions Made Perfect (TM)

Ensuring patient satisfaction and investing their efforts into developing a more rewarding long-term relationship is a key effort for many dental providers and practices. There are several arenas in which dentists can work to increase patient satisfaction and ensure ongoing success and repeat business. Transparent Policies Having a booking policy that allows for the maximum […]

Good Estate Planning – Wealth Preservation

Monday, May 16th, 2011 by Kevin Shea

The DENTAL PROFESSION is not exempt from unexpected death or disability. What makes these unfortunate events even more tragic is when a doctor is not prepared. This column does not address the proper practice transition under death or disability, but focuses on how a complete estate plan will assure wealth preservation for you and your loved […]

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