Q: How does real estate factor into a dental practice transition? A: Real Estate is always part of the consideration when transitioning a dental practice. For the seller, who owns or leases space, it involves negotiating terms with the buyer. For the buyer, it...
As the son of a golf professional and an active member of golf organizations my entire life, I thought I would parallel the thought process of a PGA Tour professional and a dentist in preparation of a transition of their dental practice. See why taking necessary steps...
American Express partners with DDSmatch
Now is the time to expand your knowledge. Take Continuing Education in specialities in which you need improvement. For instance, most practices currently aren’t doing endo or oral surgery. This could be a gold mine when you are the new owner to treat patients within...
Accounts Receivables. Turn Up the Heat, Write Off or Send Off. You assess your account receivables on a regular basis, but when contemplating the future sale of your practice it’s the perfect time to take a close hard look. Make the call regarding which accounts...
Attention fellow Dentists… you may have recently started to hear about in-office membership plans… If you haven’t started one in your office, you certainly aren’t alone, but don’t worry… We think they may be just a fad! By Matt Kraner
Are you ready? -by Thad Miller, DDSmatch Dental Practice sales are predicted to increase in the coming years as Boomers decide to transition their practice and enjoy retirement. Are you prepared for that time? Selecting Your Exit Goals "When a man does not know which...
Have you ever wondered how a pilot successfully lifts a 400 ton piece of metal off the ground and returns it safely to it’s destination? The most challenging time for a pilot is take off and landing. To avoid difficulties, pilots watch dials in the cockpit and go...
Your expertise is dentistry, not accounting, banking, practice management or law. Begin to assemble your professional support team now by asking for referrals from trusted sources. Not only can these professionals help you navigate the purchase of a practice, they can...
As fall is upon us and football is in full swing, I reflect on how important it is for young dentists to put together a TEAM around them now in anticipation of purchasing a practice. This is a “call out” to associates, employees or soon-to-be graduates...start now in...
