How Does Real Estate Play into a Dental or Medical Practice Transition?
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.
Do you need a local broker?
Do I need to hire a local broker? It depends on who you are selling your practice to.
Should You Sell Your Dental Practice to a DSO?
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 …
We made it on the Annual Inc. 5000 list
AUSTIN, TEXAS August 16, 2022 – Inc. revealed that The Practice Companies ranked on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segment—its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, …
How to get a Medical or 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 …
What do Practice Brokers Do for Practice Transitions? Read More »
Seller’s Discretionary Earnings
If you’re thinking of selling your practice, likely in a doc-to-doc transition, one of the terms that’s the most valuable is SDE or Seller’s Discretionary Earnings.
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 …
Add Backs (and Why It’s Worth Cleaning up Your Books Before Selling a Dental Practice) Read More »
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 …
