In a recent issue of Seminars in Orthodontics John shares his insights on how the evolution of the orthodontics, as a business, is changing the way practices are valued, leading to record-high practice valuations. The practice transition industry is changing as corporate dentistry is on the rise, replacing old methods of selling your practice with...
We help dentists sell their practice, seeking to maximize value at every step. A critical part of our process is ensuring our clients’ financial lives are well-taken care of long-term – after the transaction is complete. For this, we work with Hill Investment Group. They put together this 4-minute video, showing how holistic planning can...
Given the broad scope of knowledge that goes into ensuring a smooth transition, we felt like ‘Practice Transition Officer’ is a better description for someone who orchestrates such a complex event.
Dr. Shayam Desai sold his dental practice right before the pandemic hit and was worried about meeting the earnout terms of his sale agreement. John, his dental advisor-broker was able to negotiate such good terms, however that he was easily able to meet and exceed the agreed upon earnout, even during a pandemic.
It’s never too early to start thinking about selling your dental practice since there are many steps to take in order to optimize the practice for sale. By starting the process early you ensure enough time is allotted to seeing every step of the process all the way through. During the optimization process you’ll notice...
What happens when the dental office staff find out about the practice's sale before you're ready to tell them? When is the ideal time to tell them? Scott Smith shares his first-hand experience.
A dental broker is not a therapist, but a good dental advisor-broker has the experience to prepare a clinician for the emotions they might experience when selling a dental practice.
Dr. Shyam Desai, a former proprietor of several orthodontic practices, shares pearls of wisdom from his experiences as both a practice seller and buyer. This candid conversation with Dr. Wu covers Shyam's experience, before, during, and after his transition. Hope you take away some great information.
The question “How do I find the right buyer for my dental practice?” is a two-part question. The simple part of the question is about finding a buyer. The second part of the question, is about finding the right buyer – which calls for a more in depth discussion.
Dentists over the age of 55 made up 40% of the workforce, up from 31% in 2005. With an excess of dental practices about to go on sale and a limited number of buyers, the market is shaping up to be a buyer’s market.
This is some text about the listing. Here’s the story behind it that numbers don’t tell. One more sentence of description so that it is a reasonable length.
This is some text about the listing. Here’s the story behind it that numbers don’t tell. One more sentence of description so that it is a reasonable length.
This is some text about the listing. Here’s the story behind it that numbers don’t tell. One more sentence of description so that it is a reasonable length.