Healthcare professionals often have a goal to own the real estate that houses their practice. If you have achieved this target and are now looking to sell your practice, you may be wondering how owning the real estate factors into the transaction.
Selling your practice is a milestone moment in your life. You have spent a career building up a healthy and successful practice and are looking for a buyer who will affirm the value of your work.
How Long Will it Take to Sell My Practice? What you want determines how long it will take. One of the top questions we as health care brokers receive is, “How long will it take for me to sell?” The short answer is – selling your practice takes about six months. The long answer is—it …
If you’re thinking about selling your medical or dental practice, it’s important to act quickly and get professional help from a broker. The longer you wait, the more money you could lose. Brokers understand the financial trends and can help you get the best possible price for your business. They will also navigate the stressful process and advocate on your behalf.
If you want to sell your dental practice for a top offer, you need to keep in mind various principles depending on if you are making a doctor-to-doctor sale or selling to a Dental Service Organization (DSO).
Do I need to hire a local broker? It depends on who you are selling your practice to.
A good broker seeks to proactively offer a complete picture of the practice, in an effort to establish trust and credibility with the buyer early on in the process.
A sale can absolutely be kept confidential. Here are details on the “how” and the “when” you can share the transition details in a way that makes the most sense for your practice staff.
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 …
When you’re prepared to sell your medical or dental practice, it’s easy to become overwhelmed trying to manage the sales process while running a daily practice. It may seem like a simple next step to field a direct offer from groups like Dental Support Organizations (DSOs) because of their streamlined approach to purchasing your practice. The simplicity of having a direct offer on the table may also seem compelling to you as a practitioner who does not have time to think about how to shop around for the best price.