Posts Tagged ‘selling a dental practice’

Planning for a Transition

Thursday, October 27th, 2011 by Greg Auerbach

A recent article from Forbes Magazine/Forbes.com[1] reviewed the ten highest paying jobs.  Not surprisingly, topping the list was surgeons (averaging $225,390 per year).  Of the top ten, seven spots went to medical professionals and two to dentistry, specifically Oral-Maxillofacial Surgeons (#3 at $214,120) and Orthodontists (#5 at $200,290). The article mentioned the specialized nature of the… read more »

Consider Taxes When Negotiating

Wednesday, December 22nd, 2010 by Keith White

We all know that DEATH AND TAXES are the only two certainties in life. We also know that when you sell a dental practice, chances are you are going to have to pay income taxes on the sale. What may come as a surprise is that the amount of taxes due can vary widely depending… read more »

Avoiding a Tragic Transition

Tuesday, November 9th, 2010 by Roger Hill

A common deal-breaker for some practice transitions is a misunderstanding about determining practice value. The tragedy is that this need not occur if the issue is properly addressed. Among the most common misconceptions about practice value is what percentage of a year’s income is appropriate for determining value? It is very common to hear that… read more »

Improving Practice Curb Appeal

Wednesday, September 22nd, 2010 by Steve Jordan

If you are planning to sell your practice within the next three years, this article can help you sell it more quickly and at a higher price. A recent article in this column discussed improving a practice’s physical facility as a way to make it more attractive to buyers. Today, I will review some equally… read more »

8 Things to Know When Selling Your Dental Practice

Thursday, September 16th, 2010 by Greg Auerbach

by Greg Auerbach, MBA Originally published in the September 2010 issue of Dental Town Magazine. As a follow-up to my last article, which covered purchaser-related questions [Editor’s Note: See page 89 of the July 2010 issue of Dentaltown Magazine], I have compiled a list of common seller questions. If you don’t see a question you… read more »