Selling Your Dental Practice
Selling a dental practice is a lot more complicated than adding a "for sale" sign to the front lawn of your office. In addition to complex legal paperwork and brokering the deal, the dentist selling the practice is generally concerned about how the change will affect patients and staff members. Fortunately, whether you are looking to retire, relocate, or start a new career altogether, the team at ADS Dental Transitions can help you sell your dental practice. Check out these informative articles to learn more about selling your dental business.
Before you start the process of selling your dental practice, it's a good idea to familiarize yourself with the transition process. This article tells you what to expect at every stage, how to simplify things, and how to get the best possible price for the company that you worked so hard to build.
Once you've decided to sell your practice, preparation is everything. From taking the pulse of the local market to creating a marketing plan, working with the team of ADS dental practice brokers can make listing and selling your business a lot easier. Read this article to learn more about how to maximize the growth of your practice before a transition and what updates to make before your retirement.
Every market is affected by different economic factors, and the dental practice transition industry isn’t exempt. Timing is paramount when selling a dental practice and in some instances, simply waiting out a “down market” could help you enjoy a more comfortable retirement. Check out this article to learn more about choosing the best time to sell your business.
Once you've decided to sell your practice, one of the first questions most dentists have is in regard to the value of their practice. To get top dollar for your business, it's important to understand the true value of what you're selling. Unique factors can shape the valuation of your business, and unfortunately, some brokers don’t know how to accurately assess what a business is really worth. This article talks about the factors that can make or break your valuation, and how to get the most money for your practice
Perceived value is an important part of the sale of a dental practice. Existing marketing materials, industry presence, and online presence hugely impact perceived value. Working with a team of experts dedicated to attractive, professional, and effective marketing can tip the scales in your favor. This article explores the different aspects of effective marketing campaigns so that you can decide how to proceed.
Throughout our years of experience with dental practice transitions, a number of questions regularly come up. We've put together this handy FAQ to help answer some of these common questions. Take a look at the list of questions to see if we can answer your questions. If not, get in touch with an ADS Dental Broker and learn more about how to get started with the process of selling your practice.
Every dental practice is unique, working with a team of dedicated dental practice brokers can help make helpful recommendations and manage your practice transition. At ADS Dental Transitions, our specialists have over 300 combined years of experience in the transition industry, handling thousands of transactions. Contact one of our team members today to discuss your transition goals.