Practice OrbitThe Dental Practice Sale Podcast
Dentistry, as a business, is in a period of flux today. Retiring dentists want to maximize the sale value and aren't sure where to find a strong buyer. Mid-career dentists want to grow beyond the traditional single office practice. Associates seeking financial predictability aren't sure if private practice will provide it. And Institutional dentistry (DSOs, DPOs) are driving up valuations, but often with complex deal terms. Amid this landscape, the Dental Practice Sale podcast is intended to provide it's listeners with (1) education and seller stories and (2) insights into how the www.practiceorbit.com platform can help these various parties operate more effectively together in it's online marketplace.
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How Long Will It Take to Sell My Dental Practice? Part 2—with Matt Odgers
Listen navigate_nextWhat are the most common delays that prolong a practice sale? In general, the people who hold up deals are banks and landlords. But there are steps both buyers and sellers can take to prevent these delays and shorten the timeline for a dental practice sale! On this episode of the Dental Practice...
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How Long Will It Take to Sell My Dental Practice? Part 1—with Matt Odgers
Listen navigate_nextOnce a dentist makes the decision to sell their practice, they want it done yesterday. So, how long does a practice sale usually take? What can you do to accelerate that timeline? On this episode of the Dental Practice Sale, Dental Attorney Matt Odgers joins host Wes Read to walk you through a...
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When Is the Best Time to Sell My Dental Practice?—with Matt Odgers
Listen navigate_nextWhen is the best time to sell your dental practice? What factors should you consider to get the best price for your practice and have the best quality of life in retirement? On this episode of the Dental Practice Sale, recurring guest Matt Odgers joins host Wes Read to explain why you want to start...
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Blueprint for a Successful Practice Sale—featuring Dr. Kevin Kenny
Listen navigate_nextYou’ve worked so hard for so long to build a private dental practice in your community. But now you’re thinking about exiting the business. So, how do you know when it’s time to retire? What can you do to plan for the next chapter of your life? Dr. Kevin M. Kenny is Adjunct Professor at the...
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How Dental Practices Are Valued
Listen navigate_nextDo you need to solicit a formal valuation for your practice? Or can you leverage other resources to get a general idea of its appropriate list price? On this episode of the Dental Practice Sale podcast, host Wes Read explains why the profit and loss statement is the primary document for determining...
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Practice Sales: The Role of the CPA
Listen navigate_nextYou cannot sell a dental practice without clean books. And you definitely shouldn’t buy a practice without having an accountant evaluate its potential profitability. But a good dental CPA has value beyond assisting with the basics of bookkeeping and price assessment. So, what is the full value...
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Practice Sales: The Role of the Attorney
Listen navigate_nextEvery dental practice sale involves several legal documents. And that’s why an attorney is a crucial part of the transition team for both buyers and sellers. But what, exactly, does a dental attorney do in the practice sale process? What should you look for in an attorney to help you buy or sell a...
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Practice Sales: The Role of Escrow
Listen navigate_nextWhat role does escrow play in a dental practice transition? How does it benefit buyers and sellers alike? Should you use an escrow for your practice sale? Matt Odgers is a Dental Attorney with Odgers Law Group and VP of Business Development and Legal Operations with Practice Orbit. Matt has more...
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Be in the driver seat when selling to a DSO- with Emmet Scott
Listen navigate_nextThere’s a misconception that DSOs allow private equity to swoop in and take profits away from dentists. But Emmet Scott argues that clinicians are in the driver’s seat of these Dental Support Organizations. You just have to remember that you’re the customer and evaluate your options carefully...