Practice Orbit About Us
Wes ReadCEO, Platform Strategist, VisionaryCPA, CFP
Erin SwanPlatform Technical Support Manager
Brighton ReadGrowth, Partnership, and Prospect Co-Manager
Cannon SnowGrowth, Partnership, and Prospect Co-Manager
Practice Orbit is creating a centralized option for dentists, dental brokers, and their service providers (CPAs, attorneys, bankers, etc.) to sell their dental practices. Similar to how Airbnb brings together its users, Practice Orbit is bringing together sellers and buyers through its online ecosystem of dentists who have created free Practice Orbit accounts.
The founders, a successful and ambitious dental CPA, an experienced tech advisor, and two young, bright-eyed entrepreneurs, have long felt there is a market need for a technology-based marketplace to bring together dentists and dental transition service providers. The dental sale marketplace is highly fragmented with dental practice sellers “asking around” for buyers or using a local broker’s rolodex to sell their practice. Today, good technology can consolidate the supply and demand of dental practices to create transparency, efficiency, education, and trust.
Practice Orbit allows brokers, buyers, and sellers to save huge amounts of time and money on their practice sales, and, in time, it will serve as the “MLS” of practice sales. When you buy a home, you have great tools like Redfin and Zillow to aid in your search by providing helpful comparable data. Imagine a dental market where data on private dental practice sales was accessible in the same manner. The increased transparency and standardization of information will lead to greater comparability across practices. More certainty around practice valuations will lead to deals being consummated faster and more confidently. It can also consolidate the pool of buyers into one central place.
Note. Practice Orbit is not a broker or real estate company. Rather it is a technology company intended to support the dental transition community.