The beginning of the year is a time to plan out projects, start new systems, and perhaps take a moment for reflection on what you want the new year to hold. If you are thinking, “I want to sell my dental practice this year,” there are steps that you can take now to
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Generally speaking, if you own your practice’s real estate, you have three options during dental or medical practice transitions:
How Does Real Estate Play into Dental or Medical Practice Transitions? Read More »
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
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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.
The Best Way to Sell a Dental Practice Read More »
As a medical entrepreneur, investing in real estate for your office is likely to be the most crucial decision you’ll make during your career. After years of balancing school and life decisions, making another enormous investment in yourself is a huge accomplishment that also comes with a lot of stress.
What effect does your practice’s real estate have on its value? Read More »
While not often discussed explicitly when searching for a location, the real estate you choose for your practice can have a significant impact on the value of your practice in a sale. Real Estate is One of Your Largest Fixed Costs Real Estate is Typically the second or third largest cost for a practice behind
How Your Real Estate Choices Affect Your Practice Value Read More »
You put your practice on the market, found a buyer, negotiated a proposal, and signed a purchase agreement. A win-win for the buyer and seller. But wait, the landlord must agree to the whole deal? Yes, as frustrating as that sounds, an uninvolved 3rd party must consent to your lease being assigned to the new
Lease Assignments in Practice Sales Read More »
Being smart about your commercial lease can save a lot of headaches and money later, and open up easy-to-miss opportunities. We recommend an easy, four-part strategy: Track Important Lease Dates Many people make the mistake of assuming the only dates that matter in a commercial real estate lease are the start and end date. However,
Your Yearly Lease and Real Estate Check Up Read More »