Practice Orbit Blog
What Are Dental Practices Selling For? A Comprehensive Look at Dental Practice Valuation
Continue Reading navigate_nextWhen it comes to selling your dental practice, one of the first questions that comes to mind is, "What are dental practices selling for?" This seemingly simple question opens the door to a multitude of complexities involving valuation, market trends, and specific buyer considerations. In this blog post, we'll explore the key factors that influence what a dental practice might sell for, discuss some of the intrinsic challenges of the selling process, and show how [Practice Orbit](https://www.practiceorbit.com) can be your partner in navigating this important transition.
What Are the Financial Considerations When Selling a Dental Practice?
Continue Reading navigate_nextSelling a dental practice is one of the most significant financial decisions a dentist will make in their career. While it can be the key to a well-earned retirement or a career shift, the process is often more complex than anticipated. The financial considerations when selling a dental practice are vast, and understanding these details is crucial to ensuring a successful and profitable transition.
How to Sell a Dental Practice Myself: A Guide for Dentists
Continue Reading navigate_nextSelling a dental practice is one of the biggest milestones in a dentist’s career. You’ve spent years building your patient base, growing your team, and investing in the latest technology to provide excellent care. Now, it’s time to move on, and you might be wondering, “How can I sell my dental practice myself?”
How Much Tax You Pay When You Sell a Dental Practice: Key Considerations
Continue Reading navigate_nextIf you’re a dentist thinking about selling your practice, one of the first questions that likely comes to mind is: How much tax do you pay when you sell a dental practice? It's a question I’ve seen many of my clients struggle with, as they prepare for a smooth exit, only to find that the tax bill eats into their hard-earned profits. The good news is that with some smart planning and guidance, you can minimize the tax hit and maximize your financial return.
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.