What do Practice Brokers Do for Practice Transitions?
The Definition 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: CPA In House Attorney Former Dental Practice Manager Underwriting lead These financial experts …
What are Seller’s Discretionary Earnings?
When doctors and dentists are thinking about selling their practice to a new owner, they often hear the acronym SDE thrown around. Here we answer the most commonly asked questions related to SDE. What does SDE stand for? SDE stands for Seller’s Discretionary Earnings. What are seller’s discretionary earnings? / What is SDE? Seller’s Discretionary …
Add Backs (and Why It’s Worth Cleaning up Your Books Before Selling a Dental Practice)
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 …
How Do I Sell My Dental Practice?
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 Question Dental Consultants Aren’t Asking That You Owe It to Yourself to Answer
Planning for a practice transition? You owe it to yourself to answer this question first.
Preparing Your Practice For Sale
Keep Your Cards Close to Your Chest Keep the circle of people who knows you are considering selling very small – preferably only people you have a professional non-disclosure relationship with like your attorney, a practice broker, and possibly your CPA. There are many important details of a staff and patient transition to a new …
Todd Stanley Joins MedTran Team at The Practice Group
Todd Stanley shares how he spent his career helping doctors invest and divest