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Dental Practice Transition Articles

Partnerships

Avoid the “Potential” Pitfall When You Sell Your Dental Practice

Thursday, March 30th, 2023 by Kevin Cooper, M.B.A.

Selling a dental practice can be challenging and ensuring that you sell your dental practice for the right value is crucial. A successful dental practice sale needs careful planning to get the best return on your investment. The selling process can be complicated when you’re ready to sell your dental practice. It’s best to avoid […]

What You Need to Know About Private Practice vs. DSO

Monday, February 21st, 2022 by Tim G. Giroux DDS

DSOs are here to stay. They are spreading nationally, and many believe they will be the largest providers of dental services very soon. Why? The obvious reason is that dentistry can be very profitable and provide a steady return to investors. Why did it take so long for investors to jump into the business of […]

The Upside of Merging with Another Dental Practice.

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

Mergers are unquestionably the best return on investment you can make. The success of EVERY transition or merger assumes the vast majority of patients will stay with the practice and transfer to the new dentist. This is generally true when the transition is handled properly and both parties understand that the “goodwill” portion of the […]

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

Wednesday, June 6th, 2007 by Terry Watson

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