Dental Practice Sales, Practice Preparation, Exit Planning and Patient Management

Lawyers, Landlords, and Leases

I thought it would be an idea to share some opinions on the issues encountered over the years regarding selling dental practices or negotiating leases with landlords who are not necessarily the principal

Squat, Existing Practice, or Corporate Buyout?

Squat or Existing PracticeDemand for dental practices in Australia is at an all-time high. This, in part, is leading to increasing numbers of dentists wishing to set up a squat dental practice as an alternative

Myths Regarding Dental Practice Valuations

Lately, we have had contact from many dentists wishing to buy or sell a dental practice.The scary part is the misconceptions from both sides regarding what practice may or may not be worth.Here is some

Is Your Practice Five Stars?

Is Your Practice Five Stars? For years I have been banging on about having your practice prepared to “Best in Class” and “Sale-Ready” at all times in case of some issue that forces

Should You Sell Your Practice Now!

Over the last two months, while we have been in lockdown, I have had many dentists call enquiring if they should consider selling their practice now. On the other hand, there have been many dentists wishing

WHAT MIGHT BE YOUR PRACTICE VALUE

Recently you received two emails with links to a practice valuation calculator. We did not expect so many practice owners to click the links and try it out, what’s more, we didn’t expect so

“FIRE SALE, OWNER CANT WORK THE PRACTICE ANYMORE”

What if you can’t come in on Monday.What happens to everything then?Fact: Out of the 7000, privately held dental practices in Australia 60% (4200) owned by Baby Boomers, (dentists between the age of

You Don’t Need an Exit Strategy IF

Most business owners have not put a lot of thought into planning for their eventual exit from their business. Many owners, of established as well as startup companies, don’t see any value in planning

World First Score Your Practice

There are over 8,000 dental practices registered in Australia; corporate`s own less than 10%, leaving over 7,000 practice owners who will consider selling their practice at some point. Taking a closer

Urban Verses Rural Practices

During the last nineteen years, I have had the pleasure to list some of Australia’s best dental practices, both major city and regional. The difference between them is chalk and cheese.Let me explain.Example