On Practice Transitions. . .

If you have reached that point in your career where you are contemplating the transition of your practice to a new owner… congratulations! While planning for this significant life event, please consider the following recommendations: 1. Maintain the “Status Quo!” It’s only natural to “slow down” a bit in practice once one has reached that nirvana of the business cycle called “peak productivity,”...
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Great Reasons to Merge Practices!

In today’s challenging and changing marketplace, traditional “fee-for-service” dentistry can remain competitive when two small solo practices serving the same community merge.  This can result from the development of a partnership, or a total buy-out by one of the practitioners.  An ideal time for such a transition occurs when at least one of the practice locations is nearing the end of a lease,...
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