by Kim Rey | Feb 21, 2019 | Dental Practice Sales
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 numerous ways over the years to estimate things...
by Kim Rey | Dec 28, 2018 | Dental Practice Sales
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 never sold a dental practice and the Buyer has...
by Kim Rey | Nov 25, 2018 | Dental Practice Sales
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 that you would be smart to discuss with a...
by Kim Rey | Oct 18, 2018 | Dental Practice Sales
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 ordinarily be pretty...
by Kim Rey | Oct 4, 2018 | Dental Practice Sales
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 pleasant to work with – others will be stubborn...
by Kim Rey | Sep 14, 2018 | Dental Practice Sales
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 practice,...
by Kim Rey | Jul 27, 2018 | Dental Practice Sales
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 practice in the St. Louis region. If the...
by Kim Rey | Jun 19, 2018 | Dental Practice Sales
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 assets). But what is Goodwill…really?...
by Kim Rey | May 24, 2018 | Dental Practice Sales
What is the “Goodwill ” of a dental practice? You will hear this term any time you are talking about buying (or selling) a dental practice. Most of us have a sense of what that means, but a better understanding of Goodwill will make your chances of success much...
by Kim Rey | Apr 26, 2018 | Dental Employment
If you’re considering signing on with a dental practice in the St. Louis area, there’s a good chance you’ll be asked to sign a Restrictive Covenant for dentists – AKA a non-compete agreement – with your employer. During our decades of...