Practice Impact : Practice Sales Made Perfect


Mergers Are a Win-Win Situation for Buyers

Tuesday, September 5, 2017 9:35 AM

We often have dentists ask the best ways to grow their practice.  There are several options including marketing, increasing clinical hours, and adding new technology.  All of these are great ways to increase production and collections, if they work.  But, there is no guarantee that you will get the bump in your practice that you […]

Good Advice Before Listing Your Practice for Sale

Thursday, March 23, 2017 12:47 PM

The decision to retire is a big one; it’s one of the biggest decisions of your life and not only changes your daily routine, but also your future.  If you retire too early you can grow bored, or worse, you may not be able to afford the lifestyle you always imagined.  Retirement is not a […]

Making the Decision to Sell Your Practice

Friday, March 25, 2016 11:23 AM

Making the decision to sell your dental practice is one of the most important decisions you will make in your professional life. Therefore, it is imperative that you put a great deal of thought into when and how you would like the transition of ownership to occur. Here are some of the key considerations you […]

Starting to Think about Retirement?

Wednesday, January 14, 2015 7:53 AM

There comes a point in everyone’s career where they start to contemplate retirement but aren’t yet ready to commit to it.  You start to think about all that you can accomplish and do with your free time, but also wonder if you can afford to retire and what will happen to your practice when you […]

The Importance of a Good, but Not Too Well Paid Staff During your Practice Transition

Friday, April 11, 2014 11:30 AM

A doctor’s staff is always one of the most important aspects of the practice, especially during a transition.  When a doctor sells his practice, the buying doctor wants as much continuity in the practice as possible and therefore wants the staff to stay with the practice.  Patients come to know and trust the staff, sometimes […]

The Path to Success for a Young Dentist

Wednesday, September 18, 2013 11:23 AM

In today’s world, it is very unlikely that a dentist will graduate from dental school and have immediate success and begin building wealth through a practice purchase or start up.  It does happen, but these days, most dentists choose a slower path towards practice ownership in order to build their clinical skills and speed […]

The Importance of Sending Updated Information

Wednesday, January 9, 2013 12:38 PM

Every January, Practice Impact starts making our yearly calls to request updated information from our current selling doctors.  Although we make these calls throughout the year at various times, especially just after tax day to get updated tax returns for all of our practices, the year-end information we request is usually the most substantial.  If […]

What to Look for in a Commitment Letter When Choosing a Bank

Tuesday, November 27, 2012 11:13 AM

Often times when you apply for a practice acquisition loan, you (or Practice Impact on your behalf) will send the finance package to multiple banks.  This allows you to compare the banks’ offers and choose the one which will best suit your needs.  Once you submit a finance package it normally takes 2 to […]

Buyer Financing ~ What Do Banks Look for in a Practice Acquisition Loan?

Monday, November 5, 2012 1:52 PM

Buying a dental practice is one of the biggest investments you will make and borrowing that much money can be a daunting task.  You may think that you won’t qualify for a loan, especially in the current economic environment, but banks are still lending to dentists.  You just need to be smart about your finances […]

How and When to Tell your Staff about the Sale of your Practice

Monday, August 27, 2012 2:03 PM

Timing is important in the sale of your practice.  You have to correctly time when to start the financing, have the buyer start the credentialing process with insurance companies, tell your landlord about the sale-almost everything needs to be time correctly.  When to tell the staff about the sale is definitely on this list.  Some […]

  • Testimonial #062
    “I was hesitant about hiring a broker to sell my practice in Fremont, Ohio, but after Paul helped me through the process, I am so glad I did. I owe a great deal of gratitude to Paul, Mollie and Lynn for their professional and painstaking work in merging my practice with 2 others in the [...]
  • Testimonial 003
    “Practice Impact handled the transaction from beginning to the close with the utmost care. They were detailed, punctual and professional.” -Russell Caputo, DMD Aurora, Ohio

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