A Dental Lawyer on Why it Takes a Team to Put a Dental Practice for Sale
Anyone with experience with putting up their dental practice for sale will tell you that you need an experienced team of specialized advisors: dental brokers such as DDSmatch Southwest, a dental CPA, and a dental attorney, at the very least. There are too many details that require expertise and, frankly, this is too important to let any detail slide. Below is our recent conversation with David Cohen, a dental lawyer, of the Cohen Law Firm in Dallas, Texas, giving his perspective on what dentists considering transitioning their practice should consider and why a broker is a crucial member of your team.
Dr. Mitch Conditt, In His Own Words: “Call DDSmatch Southwest”
Dr. Mitch Conditt, a dentist from Fort Worth, Texas, was having increasing difficulty holding a handpiece, and he knew it wasn’t going to get better. Retirement wasn’t yet on his radar, yet it was clear he needed help with something he’d never done in his 30-plus-year career: selling a dental practice. He didn’t know where to start, but he knew that DDSmatch Southwest did. He says, “Call DDSmatch [Southwest] and just say, ‘Look, hold my hand. Walk me through this thing. Tell me what to do.’ It’s the easiest thing you can do.”
Dr John Johnson, DDS, on Why You Need a Broker to Sell Your Dental Practice
Dr. Johnson’s experience with DDSmatch Southwest shows the real value of using a broker. With 30-years experience, no one knew his practice and his market better than him. But the market he knew was for selling dental services, not for selling dental practices. Instead of just assuming, “I can sell my dental practice on my own,” Dr. Johnson recognized the complexity of brokering a sale is far beyond the expertise of even the most experienced doctors.
DDSMATCH TRUSTED TRANSITION PROCESS: AN OVERVIEW
One of the reasons dental professionals have come to trust DDSmatch Southwest with their dental transitions is our proven process. Whether buying a dental practice, selling and retiring, or adding a dental associateship to their practice, our team of experienced experts helps ensure that you benefit from the wisdom and experience of hundreds of dentists around the country who have had successful transitions using our proven system.
Dental Accounting Q&A Webinar
This video is a must-watch for dentists considering a transition in their dental practice in the next five years. If you are coming out of school, ready to retire, considering an associateship or buying an established practice, having an experienced dental accountant can provide you can save you from many of the common pitfalls that can prevent you from creating the future you want. In this short webinar, you can benefit from the knowledge and experience of certified dental accounting experts who have seen it all.
Expert Dental Attorney Offers Advice to Dentists Considering a Dental Transition
If you are considering selling or buying a dental practice or considering associate or partner opportunities within the next five years, you need expert legal advice to ensure a smooth process. Take time to get experienced input from an attorney specializing in dental transitions.
Dental CPA Answers Your Questions: What You Need to Know with a Dental Transition
Kam McQuay is one of the owners of Blue & Co, the accounting provider for the DDSmatch Southwest team. He offers some experienced answers for dentists considering a transition in their practice. You owe it to yourself to make sure you have all the information before undertaking any change in your practice.
DDSMATCH TRUSTED TRANSITION PROCESS
If you are considering a dental practice transition in the next five years, this video is a must-watch. It’s never too early to understand what preparations and actions need to be taken to ensure you have the most successful outcome. If you are a New Mexico or Texas dentist looking into selling or buying a dental practice, looking for associate or partnership opportunities, or simply wanting a practice evaluation, you owe it to yourself to have a no-obligation discussion with the experts at DDSmatch Southwest to make sure you achieve the outcome you are looking for.