Selling A Practice
We understand that selling your dental practice is a carefully thought out decision. We assure you the utmost confidentiality in our representation, to protect your team and your reputation in the community. Our team of experienced professionals will personally assist you through the entire sales process from the initial practice valuation to the final closing meeting with.
We are available to consult with you regarding the best timing for the sale of your practice. We can help you evaluate tax consequences, understand which states allow licensure by credentials, develop a communication plan for your staff and patients, and utilize our practice management consultants for individualized advice.
Your dental practice is one of your largest, if not the largest asset you own. Establishing an opinion of value based on widely recognized industry standards lays the foundation for realizing the full value of your practice.
Our practice transition specialists are professional marketing and sales people with extensive backgrounds in dental practice transitions and real-estate business sales.
Depending on the marketing strategy that we develop with you, your practice sale could be kept completely confidential in your local marketplace, yet be marketed to hundreds of qualified dentists through our own data base of potential buyers, nationwide professional network and past clients. Our goal is to have the broadest scope of exposure and support for you when considering a practice transition. To accomplish this, we our representatives support transitions nationwide. Broker cooperation and incentives are also offered to other brokers should they produce a qualified purchaser. This philosophy of cooperation gives our sellers a larger market and better opportunity to sell their practice.
We will search to match your practice with a qualified buyer and will assist the purchaser in obtaining the financial resources needed for the acquisition. Additionally, it is not only important that the purchasing dentist be financially qualified to buy, but also have the appropriate skills to transition into your practice. Our transition support offers practice management techniques for continued business success, and team building strategies for the "new" team. Communications with patients in the transition are also supported with ideas for letters, open houses, and verbal skills for the staff.
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