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Let us assume that you wish to buy a medical practice consisting of the same revenues, overhead, and location as your neighbor, the dentist. What is your practice worth? You will find that medical practices with identical revenues will sell for far less than their dental practice counterparts. Why? Young physicians beginning
30 Jul 2015 There are nine important points that potential sellers need to be aware of when preparing to sell their dental practice. Follow these important guidelines, and selling your practice should be a smooth process for all involved. 1) Location – This is the No. 1 thing today's buyers care about. They have a very
If You Are Buying Or Selling A Dental Practice, You Need An Expert Solicitor. We Specialise In All Areas Of The Sale And Purchase. Call Us Now On 0117 926 4121.
If selling your practice early and working as an associate is no walk in the park, then when is the best time to sell a dental practice? We can provide a few guidelines. First: The right time to sell the practice is when your pension is fully funded. When you sell your practice and terminate your professional income, your pension
29 Sep 2015 The first step to selling your dental practice is to get a business valuation. To give you an idea of which factors are important in valuing a dental practice, we have included some formulas below. Keep in mind that these formulas are only a guide and only a professional intermediary can tell you the true value
10 Sep 2016 then you need to think about the potential rebranding that will need to take place in order for you to get the practice to where you want it to be so you can build it up, and then possibly sell it down the road (if that is your plan). The first step to opening a dental practice is creating a business plan. Click to
ending a practice. Some dentists may close their practices due to retirement; others may face other financial challenges. A surviving spouse who is suddenly left with the daunting task of selling or closing a practice will also find this guide useful. This publication contains information about informing patients and authorities of
29 Nov 2016 There are many considerations when preparing to sell your dental practice, not the least of which is emotional attachment. There are many It's understandable you want to preserve your practice legacy while ensuring the ongoing care of your patients and staff meets your high standards. That's why it's
3 Oct 2014 You have started to think about transitioning your practice or are ready to bring in an Associate. Perhaps, it's because your practice is too big for one dentist? Maybe you want to be prepared to transition the practice to a partner in the future? It might be that you need to sell for a personal reason, so you need
12 Sep 2016 How to value a dental practice for sale. Selling a dental practice might be the single biggest decision of your professional career. You don't want to leave money on the table or get shortchanged in the process. With so much at stake, you really need to understand which dental practice valuation formula best

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February 2018