Posts Tagged ‘covenant-not-to-compete’

Top 10 Questions Dentists Ask When Buying or Selling a Dental Practice

Monday, September 12th, 2011 by Greg Auerbach

1. What’s the value of a dental practice? The value of a properly appraised practice is a function of two factors: Risk and Net Income.  The greater the risk to success in a practice, the lower the interest from buyers.  Higher risk translates to lower practice value.  Valuing a practice involves the review of three… read more »

The Importance of Associate Contracts

Wednesday, March 1st, 2006 by Earl Douglas

The best business dealings are when you deal with someone whose word and handshake are all you need … and then you put it in writing! Written contracts between owners and associates are critical. Too often, dentists tell associates to come and work for them to see how things work out. Later, if things mesh,… read more »

A Successful Alternative to Partnerships

Sunday, January 9th, 2005 by Earl Douglas

My last article discussed the pitfalls of partnerships and buy-ins, which include loss of control, loss of marketability, and loss of value. These are consequences of converting a real tangible practice into intangible undivided interests. This article describes an alternative to buy-ins, providing the benefits of buy-ins without the risks and losses which buy-ins incur…. read more »