Information Needed for a Practice Appraisal and Reasons Why
When new clients call to have their practice appraised or sold they almost immediately want to know what it’s worth. I can’t tell you the number of times doctors have started to rattle off their recent collections and expect an
Seemingly Small, But Very Important Tasks in a Transition
Practice Impact advises our buyers and sellers not to ignore the small tasks in a transition because they seem trivial. No matter how small a task seems, if we are telling that it needs to be done it’s because these
FAQ When Adding an Associate to your Dental Practice
Frequently Asked Questions When Making the Decision to Add an Associate to your Dental Practice 1. What are the signs that a dentist needs an associate? A dentist is typically ready to add an associate to the practice when the number of
What Every Buyer Should Consider Before Making an Offer
We are often asked by new dentists or dentists new to looking for a practice to buy, what steps they need to take in order to buy a dental practice. A few buyers employ an advisor to help them through
Why Use a Broker to Sell Your Dental Practice?
Why Use a Broker to Sell your Dental Practice? This is a good question to ask yourself, but when you are contemplating selling your practice the answer should be “because selling my dental practice is not something that I
Are you Ready to Become a Practice Owner?
How and When to Become an Owner Purchasing a dental practice is major life decision and one that should not be taken lightly. Before deciding to become an owner there are several things to consider and questions that you must
Top 10 Things to Do Before Selling Your Practice
1. Plan Ahead: On average, it takes 6-18 months to sell a dental practice, depending on the practice and location. You will need to give your broker time to properly market the practice and get you the best possible
Protecting Your Greatest Asset
One in three dentists nationally will become disabled this year. What would happen to your future if you became disabled? Most people purchase insurance to protect their home, auto, and business; however, they neglect to protect their greatest asset in
Are You Ready to Transition / Sell Your Dental Practice?
When we visit a practice or speak to a doctor, the single most frequently asked question that we hear is “How do I know when I am ready to transition my practice?” The answer to this question lies with two