Financing for Dental Practices Today

Wednesday, January 6th, 2021 by Doug Sellan from PMA Practice Transitions

Whether you are a first-time practice owner or someone looking to expand, relocate or add an additional location; the options for financing today have never been this extensive. When it comes to the types of financing available for the purchase of a dental practice, the most common options are conventional banks, Small Business Administration (SBA) […]

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 […]

Tax Consequences of Buying and Selling a Practice

Tuesday, December 29th, 2020 by Ted Schumann II and John Looby, CPA

One of the most difficult decisions for any Dentist is deciding when to buy, and then later in life, sell his or her practice. It may not initially sound or feel like it, but the calculation of taxes is actually one of the easier things to deal with during transitions when utilizing guidance from your […]

Expecting the Unexpected: Plans for protecting your practice

Wednesday, November 11th, 2020 by Steve and Tom Wolff

It seems that many businesses and organizations are asking members to focus on what factors may influence the long-term survivability of their organizations and to make plans and recommendations to deal with those factors. The intent is not so much about organizational goals and mission statements as much as it is about the ability to […]

Your Multimillion-Dollar Decision

Wednesday, November 11th, 2020 by Earl M. Douglas, DDS, MBA, BVAL

If you’re a dental student or new graduate, you’re going to be faced with a multimillion-dollar decision soon. Would a difference of over $12 million dollars in a 30-year career make a difference to you? If so, keep on reading. I know you’re thinking, “What kind of stupid question is that? Of course, I would […]

State of the Practice Recovery

Wednesday, November 11th, 2020 by ADS Transitions

While economic recovery is progressing in the right direction, its slower pace is a concern for everyone in the dental industry. But there does appear to be hope on the horizon. The ADA started conducting biweekly surveys in March of 2020 to get a better idea of the impact of COVID-19 on dental practices. As […]

Now What?

Tuesday, September 22nd, 2020 by Earl Douglas, DDS

This article by ADS member Earl Douglas will be featured in the October issue of Dental Entrepreneur. Boy, talk about being dealt a bad hand, and that’s definitely an understatement. Who could imagine that just as I’m finishing an eight year journey to becoming a licensed dentist that the country would experience the most dire […]

Avoiding Practice Transition Problems

Monday, August 10th, 2020 by Gary Schaub

I would like to share some stories with you concerning a few of the transition disasters I have witnessed. Whether you are a potential seller or buyer, learning from them might help you avoid the same mistakes that some of your colleagues have made. We will start with my first dental practice sale. Almost 30 […]

When to Start Planning to Sell Your Dental Practice

Monday, August 10th, 2020 by Doug Sellan

As an entrepreneur, a successful dentist, a respected part of the community and a business owner, you will at some point have to make the decision to exit. Do you have an associate willing, able and financially capable to buy a portion or all of your practice? Some, unfortunately, make a terrible, and most likely […]

Post COVID-19 and Practice Valuations: What We Know and What to Expect

Thursday, June 11th, 2020 by ADS Transitions

Whether you’re looking to transition and sell your practice or you are interested in buying a practice, the pandemic has put the brakes on a lot of dental professionals’ efforts. The current concern and hesitancy is understandable, but is it justified? Our latest white paper analyzes the current situation by looking at the marketplace pre […]

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