How Do You Prepare to Sell Your Dental Practice in 5 Years? Maintain or grow annual collections Improve profit and cash flow Clean up financial statements Update fees regularly Strengthen hygiene production Improve office appearance Get a professional appraisal Retiring and selling your dental practice is one of the most significant events in a dentist’s […]

What Is the Potential Pitfall When Selling a Dental Practice? The potential pitfall occurs when a seller values the practice based on past or hypothetical future production instead of current profit and cash flow, which buyers and lenders actually consider. Selling a dental practice can be challenging and ensuring that you sell your dental practice […]

Basic Understanding of Key Dental Practice Purchase Agreement Elements What Is a Dental Practice Purchase Agreement? A dental practice purchase agreement is a legal contract that defines the terms, purchase price, asset allocation, tax treatment, and conditions required to complete the sale of a dental practice. Understanding key elements in a dental practice purchase agreement […]

Remember that first time you didn’t have all summer for vacation?  Summers off were no more, which is a hard realization.  #adulting So how can you get the life you want as a dentist? Here’s the ever-so-harsh reality. We spend the vast majority of our waking hours at work, which makes improving your work situation […]