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Dental Practice Transition Articles

Partnerships

Do You Have What It Takes to Be a Successful Practice Owner?

Tuesday, February 20th, 2018 by Jeremy Brown

Dental schools provide an excellent platform for training students to practice dentistry, but fail to prepare them for the realities of private practice ownership.  Today’s young dentists are faced with increased competition like never before. The biggest challenge facing future practice owners is the increased number of corporate clinics. The pressure imposed by the corporate […]

Things to Look for in Your Associate Dentist Employment Agreement

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

If you get a job as an associate dentist you are typically confronted with a written Employment Agreement containing many confusing terms and conditions.  Trying to decipher the meaning and context of an Employment Agreement can be just as confusing as a layman trying to read an x-ray. The following are a few items you […]

The Associate Buyout

Wednesday, December 4th, 2013 by ADS - Practice Transitions Made Perfect (TM)

by Bill Avery, DDS, PhD As happens with most dental practice brokers, I frequently get calls from dentists who are considering bringing in an associate so they can eventually sell their practice to the associate and retire in a few years. For simplicity’s sake, I prefer the “sell and walk away” transition method where the seller […]

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 […]

Sensible Approaches to Dental Practice Acquisitions

Friday, January 18th, 2013 by Fred Heppner

Dental practice acquisitions and sales require the RIGHT STRATEGY WITH SENSIBLE GUIDELINES to result in a successful transition. It is important to find the ideal practice to purchase, and to know that the practice has a sufficient cash flow to provide a good living and to service debt. It is vital to ensure that the terms and conditions […]

The Associate Buy-In

Wednesday, June 23rd, 2010 by Peter Mirabito

In this day and age of deferred retirements,more practice owners are making the decision to have an associate join their practice.  Hiring an associate may allow the senior dentist to take more time off and still maintain some income. Before such an endeavor is undertaken, it should be realized that an associate buy-in is much […]

Ten Questions to Ask About Your Buy-Sell Agreement

Thursday, December 4th, 2008 by Theodore Schumann

When practicing as a partner, one key agreement that should be in place is the buy-sell  agreement.  This stipulates the orderly purchase of a partner’s share of the practice if a partner  dies, becomes disabled, retires, or leaves the practice prior to retirement. Here are 10 questions to ask about your buy-sell agreement: 1. Is […]

Women and Practice Transitions

Tuesday, January 1st, 2008 by Earl Douglas

The emergence of women in dentistry has been a slow but steady phenomenon that has challenged many of us to examine our preconceptions and stereotypes of how women practice. Besides the many influences women are having on the clinical side of the profession, they also are impacting the management and transitioning of practices. Recently, Gretchen […]

Pathways to a Practice Purchase … Proceed with Confidence!

Wednesday, June 6th, 2007 by Terry Watson

A significant number of dental careers begin with the purchase of a practice. This purchase is one of the most important financial decisions a dentist will make in his or her professional career. If you are entering into an arrangement to purchase a practice, whether now or in the future, you are entitled to the […]

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