When 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…
You’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…
Do 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 the value of…
You 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 proposition of an experienced CPA in the context…
Every 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 dental…
What 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 than a decade of…
There’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, knowing that whatever your career goals might be,…
We’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 available to you. So, how are DSO…
The 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 should a doctor consider…
Yes, 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, California, to sell…