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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The Evolution of Deal Structures in the DSO Space - with Dean Gould
Listen navigate_nextWe’ve seen a consistent trend toward consolidation in the dental space for the last 15 years. But coming out of the pandemic, the DSO marketplace is changing. And if you’re thinking about selling your practice to a Dental Service Organization, it’s useful to understand the different deal structures...
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Selling to a DSO: Key Considerations – With Brannon Moncrief
Listen navigate_nextThe private equity behind DSOs is willing to pay a premium for dental practices. But when it comes to selling your business, there’s more to think about than just economics. So, what’s the upside of selling your practice to a dental support organization? What are you giving up? And what factors...
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Profitable Endo Sells to DPO – Dr. Young’s Story
Listen navigate_nextYes, there are many benefits of being the sole dentist in a private practice. But there are also many risks. When you go on vacation with your family, production stops. And if you get hurt, the show is over. That’s what inspired Dr. Jeremy Young, a successful endodontist based in Grass Valley...
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Who You Need on Your Dental Practice Transition Team
Listen navigate_nextIf you’re buying or selling a dental practice, who do you need on your transition team? On this episode of The Dental Practice Sale Podcast, your hosts Wes Read and Matt Odgers discuss the professionals involved in a dental practice sale, describing the responsibilities of the three required...
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Must-Have vs. Nice-to-Have: Shaping the Terms of Your LOI
Listen navigate_nextThe letter of intent or LOI is a legal document that outlines the preliminary terms of a proposed offer to acquire a dental practice. So, what are the terms every LOI should include in a dental practice sale? And what are the optional terms buyers and sellers might want to consider? On this episode...
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What You Need to Know About Submitting an LOI
Listen navigate_nextA letter of intent or LOI initiates the dental practice sale process, signaling that a buyer is serious about taking the next steps in the transaction. So, who drafts the initial letter of intent? Should your CPA and attorney review the LOI before you submit it? Is it a binding legal document? On...
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The #1 Mistake Dentist’s Make Leading Up to Retirement – featuring Dr. Bob Marcus, DMD
Listen navigate_nextMany dentists make the mistake of slowing down as they get closer to retirement. The problem is, banks don’t like a downward trend. And if you want the highest possible valuation for your practice, Dr. Bob Marcus, DMD, recommends practicing at 100% until the point of sale. But how do you make that...
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How Practice Orbit is Modernizing Dental Practice Sales
Listen navigate_nextIf you’re looking to sell a house, listing it on Zillow is a good way to attract a pool of qualified buyers. But the same option doesn’t exist for those of you looking to sell your dental practice. In fact, you’ll be lucky to find a handful of potential buyers through a local broker or dental...
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The Dental Practice Sale Trailer
Listen navigate_nextThe Dental Practice Sale is coming soon! Subscriber on your app of choice here. https://link.chtbl.com/Dental_Practice_Sale