Part 3 of this blog, explains considerations that impact practice sales, along with the negative impacts, and why you should partner with a Broker.
If you’re in a dental practice that is valuable and in need of a transition or exit strategy, then this post is perfect for you. In part 1 of this 3-part series, Xite VP, Philip Ranger goes through why the transition strategy is important and the team players involved in the transaction. Now, let’s begin[…]
In this 3-part series, Xite VP, Philip Ranger discusses why the right team is important for a successful exit including transition strategy, due diligence, marketing, timeframes and much more. Let’s begin. Selling a dental practice is not like selling a home, a used car, or any other type of business outside of the medical professions.[…]
The Covid pandemic impacted the dental profession in infinite ways, from office closures, to supply chain issues, staff and patient retention, and dental practice sales. For more than a year, the pandemic altered the delivery of care, financial stability, and how many oral health care professionals felt about their occupations. All high-contact industries were hit[…]
When the time comes for you to consider selling your practice, there are many factors to consider and several steps to take to be thorough. The decision to sell your career’s work is a significant one and should not be entered into without care. But what will it cost you to sell your practice? The[…]
In a recent Dental Amigos podcast, Rob Montgomery and Dr. Paul Goodman interviewed a panel of experts about how dentists can prepare for their practices to reopen after the COVID-19 crisis. Tommy Newton, principal of Xite Realty, shares strategies for discussing rent deferment and the current real estate market for general dentists and specialists. Other[…]