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How Do I Keep Being an Independent Contractor After Selling My Dental Practice?
Continue Reading navigate_nextSelling your dental practice is a big step, but for many dentists, the journey doesn’t end there. Many of my clients come to me with the question, "How do I keep being an independent contractor after selling my dental practice? They want to sell their practice and retire from ownership but still want the flexibility and fulfillment that comes from continuing to practice dentistry without the administrative burdens.
What Do I Need to Know to Sell a Dental Practice?
Continue Reading navigate_nextSelling a dental practice can feel like an overwhelming task. You’ve spent years—perhaps even decades—building your practice, forging relationships with patients, and growing your business into a well-oiled machine. Now, it's time to transition, and you find yourself asking: "What do I need to know to sell a dental practice?"
Can a Non-Dentist Own a Dental Practice?
Continue Reading navigate_nextAnswering whether a non-dentist can own a dental practice is both simple and complicated. While the easy answer is “yes,” the practicalities of such an arrangement are much more nuanced. Today, savvy investors and entrepreneurs are entering the dental field in large numbers, bringing fresh perspectives, innovative business strategies, and a great deal of capital to invest in dental practices—but there are strict regulations surrounding how they go about doing this. Below, we explore the growing trend of non-dentists owning dental practices, the legal and practical considerations, and what the future holds for non-dentist ownership in dentistry.
How Much Is My Dental Practice Worth?
Continue Reading navigate_nextHow do you obtain an objective valuation for a dental practice for sale? Is there a good way to calculate both tangible values like assets and income along with intangibles like goodwill and reputation in the community? In this blog post, we’ll explain how dental practices are valued, the factors that affect their worth, and how you can quickly determine a value for your dental practice before you start preparing to list it for sale.
Writing Offers That Appeal to Sellers in a Competitive Market
Continue Reading navigate_nextIn today's competitive market, writing offers that appeal to sellers is crucial, especially when it comes to buying a dental practice. Crafting an offer that stands out can make all the difference in securing the dental practice of your dreams. In this blog post, our lead dental broker and attorney Matt Odgers shares his best practices for writing offers that appeal to sellers in a competitive market, drawing on his personal experience and expertise.
How Long Does It Take to Sell a Dental Practice?
Continue Reading navigate_nextBeing able to sell your dental practice is an achievement. It means you’ve built a successful business, usually through decades of hard work and dedication to your patients. Just as it took a long time to build up your practice, it also takes some time to sell it. Whether you’re retiring, relocating, switching to a new career, or simply scaling back your day-to-day responsibilities, we’ll explain how long it takes to sell a dental practice, the best time to sell, and the steps you can expect in the process.
Best Ways to Sell Your Dental Practice: Expert Tips
Continue Reading navigate_nextThe privilege of guiding numerous dental professionals through the intricate process of selling their practices. Selling a dental practice is a significant decision that requires careful planning, strategic execution, and a thorough understanding of the market. In this blog post, I’ll share the best ways to sell your dental practice based on my personal experience and expertise.
20 Essential Negotiation Terms to Include in your Dental Practice Purchase Agreement
Continue Reading navigate_nextEnsure a seamless dental practice transition with our guide on the 20 essential negotiation terms for your dental practice purchase agreement. Learn how to handle retreatment responsibilities, manage accounts receivable, allocate purchase prices for tax purposes, and more. Navigate your dental practice sale with confidence and clarity by understanding these key deal points. Whether you’re buying or selling, these terms will help you protect your interests and achieve a successful transaction. For expert advice and comprehensive support, contact Practice Orbit today.
Finding the Right Dental Practice for Sale in California: A Personal Journey
Continue Reading navigate_nextAs someone who has navigated the highs and lows of the California lifestyle, from catching waves off the coast of sunny San Diego to establishing deep roots in the local business community, I understand the allure of owning a dental practice in this vibrant state. If you're in the market for a dental practice for sale in California, you're stepping into a world of opportunity, where the mix of technology, lifestyle, and patient demographics can turn a dental practice into a thriving hub of health and entrepreneurship.