by Kim Rey | Mar 3, 2020 | Dental Practice Sales
Have you ever considered merging another small dental practice into your own? As today’s boomers begin the descent from their lifelong careers into retirement, many have waited a little too long. The economy of the early 2000s forced many of these boomers to work...
by Kim Rey | Feb 8, 2020 | Dental Practice Sales
The short answer is: YES! It is very important to retain most, if not all, of the staff of the practice you are purchasing. The value of the dental practice you are purchasing is largely Goodwill (see our earlier blog on Goodwill). The best way to transfer the...
by Kim Rey | Nov 23, 2019 | Dental Practice Sales
When it comes to buying a new dental practice or selling your practice at retirement, it’s one of the most exciting and important events of your life. We specialize in making this process as efficient and effective as possible, and we encourage you to contact us...
by Kim Rey | Sep 11, 2019 | Dental Practice Sales
If you ever look at a business tax return or a Profit and Loss Statement for a dental practice, you will undoubtedly see an expense listed as “depreciation” or sometimes “depreciation/amortization.” And, if you ask a broker or an accountant about that entry, you will...
by Kim Rey | Apr 1, 2019 | Dental Practice Sales
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 as Accounts Receivable (A/R) and their value has not...
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...
