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Dental Practice Transition Articles

Valuations

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 is EBITDA?

Tuesday, January 10th, 2023 by Christine Elliott

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 […]

The Roadmap to a Successful Life After Practice

Thursday, March 31st, 2022 by Gary Schaub, MBA

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 […]

If something happened to you, who would know the value of your practice?

Saturday, November 6th, 2021 by Christine Elliott

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 […]

Understanding How Dental Practices are Valued

Friday, September 10th, 2021 by John M. Cahill, MBA

There are many reasons why dentists might want to have their practices appraised. Some of these reasons include:

The Cost of Dental Practice Valuation

Tuesday, December 29th, 2020 by Jed Esposito, MBA, CVA

A dental practice valuation is much like a preventative checkup on your practice’s financial health. A certified broker/valuator will take an in-depth look at the health of your business 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 […]

Will COVID-19 Affect Practice Value?

Monday, May 4th, 2020 by Lisa Radman White

These are unprecedented times with dental offices closed for weeks and social distancing. Sadly, until 2020, social distancing was not a mainstream term. But here we are and social distancing is an everyday reality that permeates the news and our lives. What does this mean for your dental practice value going forward? The reality is, […]

Change You Can Believe In

Tuesday, September 3rd, 2019 by Max Wilson

Over the past several months, WE HAVE HEARD A GREAT DEAL ABOUT CHANGE. Change in any aspect of our life often creates some level of stress. However, some of us actually look forward to change and view it as an opportunity. One thing that is an absolute certainty is that change will happen in all […]

Dental Practice Valuations Unplugged

Monday, November 2nd, 2015 by Jeremy Brown

Dentists (sellers and purchasers), bankers. and brokers all want to know the value of the dental practice in preparation for a transition. Many dentists want to know if there is a down-and-dirty short cut using a simple formula to determine practice valuations. Dentists have heard or read about the price to gross ratio (the percentage […]

Should I Sell My Building with My Practice?

Monday, July 28th, 2014 by ADS - Practice Transitions Made Perfect (TM)

Often when we are hired to sell a dental practice, owners ask us if we think they should sell their building at the same time as their practice. Here are some questions for consideration: Location, location, location. Is the building located in a vibrant part of town where there is high visibility and a significant amount […]

How to Increase the Profits of Your Dental Practice Sale

Thursday, July 11th, 2013 by ADS - Practice Transitions Made Perfect (TM)

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 […]

11 Steps to Evaluating a Dental Practice

Wednesday, June 5th, 2013 by ADS Dental Transitions

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 […]

Dental Practice Valuation Methods

Friday, April 26th, 2013 by ADS - Practice Transitions Made Perfect (TM)

There are several methods that are used by appraisers to determine the fair market value of a dental practice. While some methods are favored over others, all of the methods arrive at an estimated value that is an acceptable reflection of a particular practice’s market value and what a prospective buyer might pay for it. […]

How to Increase the Value of Your Dental Practice

Tuesday, April 23rd, 2013 by ADS - Practice Transitions Made Perfect (TM)

There is a lot of misleading information about how to increase the value of a dental practice.

Types Of Dental Valuations

Tuesday, April 2nd, 2013 by ADS - Practice Transitions Made Perfect (TM)

Dental valuations are relatively complex processes, and dentists can easily find themselves paying thousands of dollars to valuation companies when they want to determine fair market value. It is therefore important for dentists to have a better understanding of dental valuation before they make any commitment. They must understand the advantages and limitations of valuation reports […]

Trauma in the Practice Purchase ER

Wednesday, November 4th, 2009 by Steve Jordan

If you’ve ever watched one of the popular trauma ER documentaries, you’ve probably thought, “I’m glad that wasn’t me!” After reading these actual practice purchase traumas, you may think, “I’M GLAD IT WASN’T ME.” FUTURE SALE DATE: A practice had $300K collections. Nearby, a young dentist agreed to buy the practice to merge it into […]

Don’t Get Doubled up in a Divorce

Friday, May 1st, 2009 by Kevin Shea

(Please note that the following article is not intended to be a legal opinion or to address other legal issues that might arise in the case of marriage dissolution. Typically, divorce law is governed by state statute and state legal precedence. Accordingly, one should seek competent legal advice from an attorney familiar with marriage dissolutions.) […]

What Happens When the Doctor Dies?

Wednesday, November 9th, 2005 by Evan Myers

In the course of a year, we will receive several calls from a grieving spouse or staff member, informing us that the doctor has suddenly passed away. The spouse or staff member has been given our name by other dentists, the dental society, the dental association, or the dental board. The question is always the […]

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