Over the last decade, multi-location dental ownership has become far more common. Many dentists have expanded beyond a single office by adding locations, bringing on partners, or building associate-driven practices. While that growth can create meaningful long-term value, it also changes the scope, structure, and financial complexity of a sale. Selling multiple dental practices is […]
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 […]
EBITDA – six letters that can make all the difference in your dental practice transition. Whether you’re thinking of buying or selling a practice or just want to know what your practice is worth, all you need to do is calculate your practice’s EBITDA, and you have the magic key that unlocks all the […]
I agree with Madeleine Albright, former Secretary of State, when she said, “Every step in life should be more exciting than the last.” If you are contemplating an exciting new stage in your life, from buying your first practice to retiring from dentistry, then a roadmap is critical to your success. However, it is the […]
Do you know the value of your dental practice if something were to happen to you? It’s important to know the value of your dental practice. We are emerging from the most surreal time that we are likely to ever encounter in our lifetime. All of us have paused to reflect on what has happened […]
There are many reasons why dentists might want to have their practices appraised. Some of these reasons include:
A dental practice valuation is like a preventative checkup on your practice’s financial health. A certified dental practice broker will take an in-depth look at your business’s health and diagnose any areas that may need adjustments or improvements. Periodically paying for a quality valuation on your business will put you in the best position to […]
There are many factors to be considered when attempting to increase the value of your dental practice prior to a sale. The primary goal is to make your practice as attractive as possible to prospective buyers. This doesn’t mean slashing staff salaries or adding shiny new equipment. Instead, you should identify the best aspects of your practice […]
Evaluating a dental practice for sale is a multi-step process. If steps are skipped, problems can arise before, during and after the transition. If this process is completed properly, however, the transition will be carried off in a professional and successful manner. Step 1: The Initial Consultation The initial consultation for a practice valuation should cover […]
