If you are on the lookout to sell your dental practice, you might be confused on several factors. You may want to sell the practice, pause business, or may want to continue and work even after the sale (without having to be directly involved in managing or owning the practice). Whatever the decision is, or if you are not sure of how to proceed, our team of professionals can guide you every step of the way and simplify the transition process.
What is a practice transition?
A practice transition is a systematic process of transitioning the ownership of one's dental practice to another provider. The ownership may either be completely passed on to another individual or organization or shared with another business sometime in the future.
A transition has several benefits. It could promote growth and lead to an eventual transition of ownership.
What are the steps involved in a dental practice transition?
Getting set for a practice transition requires time and planning. It is advised that planning begins at least months before the actual transition begins. This requires a series of systematic steps that would guide the owner to be prepared beforehand. The next approach would be to identify associators who would work in the practice from six months to one year. Towards the end, the experts would work on the final planning stage that would help structure the transition of full ownership.
Our team of professionals is available to help you with:
- Timing and planning
- Establishing a value
- Customized marketing services
- Finding the right buyer
- Maximizing Selling Price
We have a vast database of preferred Buyers who are looking for the right practice. We work diligently on your behalf to match Buyers and Sellers. We do not require an exclusive listing. We are confident that we can find you the perfect buyer through our database and thorough marketing techniques.