A Dental Logo That’s Right for You. Selling your dental practice is an emotional decision, and the process isn’t as simple as posting a “For Sale” sign. There are so many variables that can factor into your decision about timing that you should call us so we can talk through them together! This podcast is geared for all dentists, including practice owners, associates and dental students. The seller is assured payment for that portion of the purchase price financed by the seller. Since most dentists practice an average of 35 years, performing a detailed evaluation and audit of the practice is the best way to determine its equity and measure its fair market value. Remember, no other firm has brokers with career experience as an equipment specialist, a financial advisor and a dentist. We’re here to help! Are you … Whether transitioning the practice to a partner, a new dentist, or affiliating with an established dental practice management firm, dentists need to factor into their decision-making process the following important tips: Looking to buy or sell a dental practice? Our parent company, National Practice Transitions (NPT), while providing full consulting and brokerage services over the past two decades, recognized that the marketplace was evolving. If the existing practice logo of the dental … General Practice. They can help you get started in your new practice on the right foot as well. We have also prepared a "Seller's Dental Practice Transition Guide" detailing and explaining the steps of the actual transition process (i.e. The author, based in Providence, RI, is a lawyer and lecturer who specializes in dental-practice transitions. We help in making dental transition buying and selling smooth. Jim Clark, Benco Dental’s Head of Practice Transitions, has done it all. A practice transition is complex and dynamic, involving the personal financial status of both owner and associate, the wants and needs of both doctors and the economics of the practice. Once we identify and implement the appropriate program for you and your practice, we search our national database to … 8/1/2012 We are currently seeing a significant number of dental practice transitions among our clients. Call Us at 800.606.5605. We’ve developed relationships with several service providers who share our core values, and who will independently represent your interests … Expert Guidance for Dental Practice Transitions Buying a Dental Practice • Selling a Dental Practice • Practice Mergers Dental Associate Placements • Dental Office Appraisals. At CWA, our practice transition approach starts by looking at the impact of the transition from all sides, taking into account often-overlooked factors like timing of the sale and any tax or financial implications. Telecommuting, virtual conferences, and online purchasing became the only way to maintain businesses. PARAGON Dental Practice Transitions. In the event that you are in need of independent representation, in any or all of these areas, we can help. General Practice. DUE DILIGENCE WHILE TRANSITIONING A DENTAL PRACTICE. Guiding Your Transition. Practice Transition Specialist; This individual, also known as a transition broker, helps owners manage the details of the sale or transfer of a dental practice. DENTAL PRACTICE TRANSITION RESOURCES. Using an income … During a time of immense change, dental practices are beginning to look toward the future and how will they survive the COVID-19 pandemic. Through proper planning you will find you can preserve and enhance the value … Description: • Practice averaging $1.2M in collections on limited workweek • All FFS patient base, high-end procedures • Beautiful, like-new 8 operatory facility, cone beam included • Dr. retiring but will work back for smooth transition • Real estate is also available for purchase . Transition your dental practice with confidence. WHY WE'RE DIFFERENT. This professional keeps the transition process … If you are interested in buying or selling a dental practice, we have all the resources you will need in order to be efficient and successful. As you can see, transitioning a dental practice is a process - one that requires thought and planning. Transitioning a practice successfully requires complete transparency between all parties so that everyone can make the best decision possible. Preparation is necessary as you plan for dental retirement and the transition of your dental practice. He is a … learn more. 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