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 …
The Best Way to Sell a 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
Taylor Fyfe Joins MedTran Team at The Practice Group
Taylor shares stories from entrepreneurship and insight on the medical transitions industry.
Common Practice Pitfalls that Lower Valuations
In the Transitions division of our business, where we help dentists sell their practices, we’ve seen a few common decisions that make some practices much harder to sell than others. When a practice is harder to sell, we get fewer offers and lose a lot of negotiating leverage with potential buyers. To be clear, our …
How Your Real Estate Choices Affect Your Practice Value
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 »
Lease Assignments in a Practice Sale
You put your practice on the market, found a buyer, negotiated a proposal, and signed a purchase agreement. A win win for buyer and seller. But wait, the landlord must agree to the whole deal? Yes, as frustrating as that sounds, a totally uninvolved 3rd party must consent to your lease being assigned to the …
What Matters in an Acquisition Offer
You’ve put your practice on the market. You found a buyer. Now you begin negotiating a proposal letter. So what do you need to do to make sure it’s an offer the buyer can’t refuse? What’s important to you as the seller will depend largely on your needs and why you are selling the practice. …
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