Thinking about hiring an associate?

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Before hiring an associate, ask yourself these questions. What is my motivation for bringing on an associate? There are typically two reasons why a dentist decides to hire an associate: growth of the practice or desire to slow down. If the…

Choosing a Transition Company

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From a very basic level, most transition companies are the same. The only big difference is if they are dual representation or unilateral representation, but that’s for another article. Transition companies list practices, find buyers, and…

Tips for Buying your First Dental Practice

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Enlist the help of a practice broker. Finding a practice to purchase on your own can be very difficult. Because the process of selling a practice has to remain completely confidential, most sellers are not going to advertise that they are selling…

Here are 5 things buyers are looking for right now

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Thinking about putting your practice up for sale? Here are five things buyers are looking for in a practice. Space Most new buyers are used to working in large dental practices with multiple providers. Typically, these practices are high…

6 Things NOT to do when Preparing to Sell your Practice

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I am often asked by dentists considering retirement what they should do to prepare to put their practice up for sale. These dentists are eager to do what they can to increase their chances of a timely and profitable sale when they are ready.…

Ready to start looking for a dental associateship? Here are some questions to consider.

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When is the best time to start my search? It can take a full year to find the right position, so you need to begin searching 6 months to a year prior to your availability. Even though it is just a job you are looking for, you will most likely…

The DSO Effect on Practice Transitions

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I received a call from a former client the other day asking me if we had any non-corporate dentists buying practices anymore. This was a client who had purchased her practice only 2 years ago and already thought that the transition landscape…

5 types of buyers in the market for a dental practice

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Curious to know who are buying dental practices right now? Want to know who could potentially buy yours if you were to sell? Here are five types of buyers currently in the market for dental practices. 1. New Buyer This is the most common…