Generally speaking, if you own your practice’s real estate, you have three options during dental or medical practice transitions:
Determining the best fit for your upcoming practice transition. Have you hit a stride in your practice and are in the first-rate category of being able to consider selling your dental practice? You should know that such a practice transition requires working through priorities and values that are often deeply personal. In this article, we
AUSTIN, TEXAS August 16, 2022 – Inc. revealed that The Practice Companies ranked on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segment—its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia,
Practice Transitions Group offers three ways to get a dental practice valuation. If you’re considering selling your practice, scroll through to find which method is right for you. You an also find a link to Practice Transitions Group’s Proven Process Map in this post.
What does a broker do? A dental practice broker underwrites, markets, and negotiates the sale of a dental practice or dental practices. At Practice Transitions Group, the dental practice broker is just one part of a larger team. The client also has access to a: These financial experts know which reports to pull and how
What is an add back? As you may know from talking to a dental practice broker or this article on SDE, an “add back” is a defensible, discretionary business expense that isn’t necessary for running a dental or medical practice day-to-day. For example, dental exam tools and the cost of rent are absolutely necessary for
Successful Pediatric Dentist Chooses The Practice Companies as the Transition Consultants to Lead Her Sale
Wonderland Pediatric Dentistry was founded by Dr. Alice Bui as a dental start-up. She established the practice from the ground up, going from zero patients to thousands. She invested her blood, sweat, and tears into her work. So when the pressure of family life and practice ownership came to a head, it wasn’t easy to
Looking for the best way to sell a dental practice? Our most experienced advisors at Practice Transitions Group would say the best way to sell a dental practice is to be prepared.