You’ve worked in your dental practice for many amazing years, and now it’s time for you to retire. As you begin this new chapter, it’s important to take the right steps to get the most out of your business. After all, selling your business can offer financial benefits for you while keeping your office operational. [...]
There are many benefits associated with purchasing an existing dental practice rather than starting one from scratch. If you're looking to purchase a dental business, you may be looking at current dental office listings. While there are times when you cannot tell that there are red flags until you dig deeper, there are some [...]
It goes without saying that dentists are in high demand. According to the United States Bureau of Labor Statistics, the field is projected to grow by 6% by 2031. That means that many people are buying practices while others are selling them. So, how exactly do you find a dental practice valuation? In this blog, [...]
Are you a dentist ready to buy your first practice? This is an exciting time, but when it comes to dental practice sales, there's a lot of work that goes into finding the right option for your needs. Here are some tips to help you in your decision. 1. Get Advice Regardless of how [...]
If you're a dental professional, you may be considering investing in a new practice to expand your reach within local communities and further your own business. If this is something you've been thinking about, working with a dental broker is the ideal way to ensure you're successful in curating a new practice. Read on [...]
The key to a healthy business, and great dental hygiene, is regularity. Just as patients should be brushing, flossing, and visiting dentists regularly, a business needs a constant flow in order to sustain itself. However, whether foot traffic is slowing in your area or patients are moving away, maybe your office isn't the perfect [...]
Selling a dental practice is a significant decision that involves intricate financial, legal, and emotional considerations. While some dentists might be tempted to navigate this process on their own, partnering with a professional experienced in dental practice sales can offer a range of benefits that ensure a smoother and more successful transition. In this [...]
If you're a dental professional, buying or selling a dental practice in today's marketplace may feel like a daunting task. Whether you're purchasing or selling a dental practice for sale, location is everything. Read on to learn more about the importance of location when you're buying a dental practice. Accessibility If you're going to be [...]
Selling your dental practice is a big undertaking, and that's why it's important to work with experienced dental brokers. There are many dentists looking for dental practices for sale, which gives you plenty of potential buyers. At Professional Practice Sales, we're proud to have over 53 years of experience as dental brokers, and we're [...]
Transitioning staff after buying a dental practice can be a critical process that requires careful planning and execution. It’s essential to establish a smooth transition to ensure employee satisfaction, maintain productivity, and provide continuity of care for patients. Here are three tips to facilitate a successful staff transition after purchasing a dental practice. 1. Keep [...]
