Practice Impact serves members of the dental profession with practice valuations, practice sales/transitions, associate buy-ins, and consulting.

5071 Forest Drive Suite A
New Albany, Ohio 43054
(614) 855-2500
(800) 735-5336
(614) 939-4705
info@practiceimpact.com
(614) 855-2500

PROTECTING YOUR PRACTICE

Although it is unpleasant to think about, you need to be proactive and put a plan in place in the event of your death or disability. Hopefully, you will have sold your practice and retired long before either of these occur, but you owe it to yourself, your family, staff, and patients to have a plan in place just in case.

Where to start?

A Letter of Direction that is on the file of the attorney and Practice Impact is one of the first steps. The document will allow your family to immediately hire Practice Impact to sell your practice in the event of your death or severe disability. Your family will not have to wait for an executor to be appointed for your estate before starting the process which will save valuable time as well as the effort of locating, interviewing and hiring a broker. For more information on the Letter of Direction and this process, please contact Paul Hudanick or Mollie Holleran at our office or fill out the Letter of Direction on our Online Forms page.

Click here to read our relevant blog post, “Death and the Owner Dentist.”

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    “The team at Practice Impact are exceptionally professional. They exhibit discretion, proactivity and timeliness. All go above and beyond to expedite the multiple requirements for a smooth transaction. While they represent the seller, they work with buyers that are serious and are willing to negotiate the finer points of the deal. This creates a process that is minimally stressful and moves all the requirements for the transaction forward in an efficient manner. I would highly recommend Practice Impact to my colleagues and potential buyers.”

    Dr. Eric Buck, Lewis Center, Ohio

    “I would recommend Practice Impact to close friends and colleagues. Practice Impact delivered superior service from the first meeting all the way to closing. Paul and his team were attentive to all my needs as well as being available, friendly and they made what can be a challenging experience feel as though you’re guided with experts holding your hand.”

    Dr. Mary Ellen Wynn, Cincinnati, Ohio

    “I sold my practice using Practice Impact. From the beginning interview to the closing, they were always available and responsive to my many needs. Paul Hudanick was incredible. He was in constant contact and ended up finding me a buyer who is really liked by the staff and my patients. It’s these small things to me that showed Mollie cared about keeping the sale of the practice as stress free as possible. I was truly impressed with her attention to detail. I highly recommend Practice Impact for the sale of your practice. You will find them kind, compassionate, thorough, and stress free.”

    Dr. Scott Gray, Englewood, Ohio

    “As a returning client of PI, I knew how my experience would be – AMAZING! PI is a well-organized group that truly has the Buyer & Seller’s best interest at the heart of their operation. Not only was my previous and recent transition stress-free, it was actually very enjoyable. Paul & Mollie were attentive to all of my needs to get the deal done. They are professional, experienced, and personal. I highly recommend PI to any dentist looking to transition into or out of their practice. Thank you, Paul and Mollie. You have helped shape my future.”

    Dr. Joe Papp, Sunbury, Ohio