Three Ways to get a Dental Practice Valuation
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 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 …
Seller’s Discretionary Earnings
Seller’s Discretionary Earnings or (SDE) comes up when doctors and dentists are thinking about selling their practice to a new owner. Here are the most common questions we get asked about the topic. What are seller’s discretionary earnings? / What is SDE? Seller’s Discretionary Earnings are what a doctor could take home or pay themselves …
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 …
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.
What effect does your practice’s real estate have on its value?
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.
Your Yearly Lease and Real Estate Check Up
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, …