There are a lot of details to be settled when buying or selling a dental practice. One of the more difficult items is the disposition of amounts owed by patients for dental work done by the Seller. These are known
The phrase “Rule of Thumb” likely originated in England sometime in the 17th century and, while its origin is obscure, it is still in common use after more than 300 years. “This is likely because thumbs have been used in
We could just say “YES” but that probably isn’t enough information to be convincing. The sale of a dental practice is a significant milestone in the life of both the Seller and the Buyer. In most cases, the Seller has
Whether you’re considering buying or selling a dental practice in the St. Louis region, the smart choice is to consult with a Dental Practice Broker. But what do you ask a broker when you meet up? Here are ten questions
When you are considering the purchase of a dental practice, after signing a Non-Disclosure Agreement, you will ordinarily be provided with an initial packet of information. If the sale is being handled by a dental practice broker, that packet will
If you are buying a dental practice in the St. Louis area or elsewhere, you will have to obtain a lease from the building owner AKA “the landlord.” Like any other group of people, some landlords will be nice and
If you’re considering buying a dental practice like one of our many clients in the St. Louis region, you’ve probably heard of “contingencies” but do you fully understand how they apply to your situation? If you are buying a dental
When you find a dental practice that you may be interested in purchasing, you will almost always be asked to sign a Non-Disclosure Agreement (NDA). We assist our clients with an NDA whether they are buying or selling a dental
In our previous post in this series on Goodwill Value for Dental Practices, we discussed how the dollar value of Goodwill in a dental practice is determined (i.e. the sale price of the practice less the value of the tangible