When buying a dental practice, you will undoubtedly come across some that appear to be great deals and a few that will seem too good to be true. Many of these may turn out to be turnaround practices – fixer-uppers, if you will. Whether it is a good investment is in the eye of the […]

Dental Practice Brokers Whether you are thinking about selling your practice or buying one, it’s important to think about improvements. To stay competitive, a practice needs to make investments that will boost profitability and promote patient loyalty. Here are six dental practice investments that are worth considering. Invest in New Technology Upgrading your equipment is […]

If you have ever considered selling your practice on your own, stop and think about how daunting and detailed the selling process can be. Hiring a local, highly qualified dental broker like Schiff Dental Brokerage, LLC, can save you time, money, and stress. Here are some of the responsibilities a broker can take off of […]

You have found a practice that meets your criteria for location, demographics, equipment, and profitability; should you put in an offer? Market conditions aside, it is important to take a critical look at your personal timing.  Can you afford to buy a practice? As you might have guessed, the answer is dependent on many factors […]

The equipment you have on hand can play a vital role in the quality of care you provide. Staying on top of and employing the latest technology is critical. However, if you are thinking of selling your practice, you may need to consider any new purchases carefully. The answer comes down to three questions based […]

If you plan to purchase an established dental practice, you might encounter a thorny transition dilemma: How to handle the selling dentist. Will they introduce you to patients? How long should they stay after you have purchased the practice? How will re-dos of their dental work be handled? As you prepare to hammer out a […]

When you are ready to make the leap from associate to owner, you must decide whether to buy an established office or create a startup. Here are the pros and cons of each. The Benefit of Starting Your Own Dental Practice If you have worked for other dentists and said to yourself, “I would never […]

You want to own a dental practice to change the lives of patients, of course, but not at a financial loss. To ensure a profitable investment, you must consider all aspects of what you are buying. Here are a few factors to consider before purchasing a practice.    Best Dental Brokerage in Baltimore Determine Practice Value […]

Before you purchase or sell a practice, remember that there is sometimes a third party involved: the property owner. Whether the practice is in a freestanding building, in an office park, or shopping center, your transition might involve the landlord. Best Maryland Dental Brokerage What You Need to Know About Buying a Dental Practice  If […]

If you are planning to sell your dental practice for retirement, a move, or another personal reason, take the first step and determine its worth. Buyers place a high value on a strong patient base and strong predictors of future earnings, but there are many other valuation elements to consider.  Valuation models are complex; it […]