The DSO Dilemma: Pros & Cons of Selling to a Corporate Group
When it comes to selling a dental practice, many practice owners are faced with the option of selling to a Dental Service Organization (DSO). While this route can be appealing for some, it comes with its own set of benefits and challenges. In this post, we’ll explore the pros and cons of selling your dental practice to a DSO, so [...]
Maximizing Your Practice Value
When it comes to selling a medical practice, understanding how to maximize your practice value is essential. Whether you're a dentist, physician, or other healthcare provider, doing so ensures you get the most from your investment when it’s time to sell. This guide outlines straightforward steps you can take to increase your practice's value, attract potential buyers, and set up your [...]
Unseen Value: Loyal Patients & Staff are Your Best Assets
In any dental practice, some things are easy to see, like your equipment and your office space or location. But some of the most important dental practice intangible assets aren't. They're the loyal patients and dedicated staff members who keep your practice running smoothly. These individuals may not be something you can put on your balance sheet, but they are [...]
Seller’s Checklist: Avoid 5 Mistakes Before Listing
Selling your dental practice is a big decision that requires careful planning. From setting the right price to finding the right buyer, every step plays a critical role in ensuring a smooth transition. Unfortunately, many practice owners make mistakes that can delay the sale or reduce its value. In this seller's checklist, we'll highlight five common mistakes dental practice owners [...]
How to Maintain Patient Retention During Transition
How to Retain Patients During a Dental Practice Transition Patient Retention Is Key During Practice Transitions When dental practices change hands, both the selling and buying dentists face a significant challenge: ensuring patients remain loyal. Patient satisfaction and retention are critical to preserving the value of the practice and setting the stage for long-term success under new ownership. If managed [...]
The Importance of Accurate Financial Records in Practice Valuation
Why are Patient Lists Critical in Dental Practice Valuation? Why Accurate Financial Records Matter for Dental Practice Success When it comes to valuing a dental practice, accurate financial records aren’t just nice to have—they’re a necessity. They provide a clear picture of your practice’s financial health, help establish fair market value, and build trust with potential buyers. For dentists considering [...]