Buying A Practice - Edge Advise

Rural vs. MetropolitanA buyers guide to choosing your practice's location

February 19, 2016Posted under: Broker, Buying A Practice, Location, Practice Transitions, Real Estate, Uncategorized,
Viewed 2193 Times

A buyer’s mentality in this era is a stubborn and autocratic animal. So many students from areas both suburban and rural come to dental schools in their youth and enjoy the variety and energy of the city. They simply can’t imagine living elsewhere after their dental school days are done. While the market seems like common sense to most of us with more life experience under our belts, from a dental student’s … Read more

Retirement StrategyAssociate to Owner & When To Set The Purchase Price

November 17, 2015Posted under: Buying A Practice, Dentistry, Practice Transitions, Practice Value, Selling A Practice, Startup Practices, Uncategorized,
Viewed 610 Times

So you’re considering retirement and feel your best option is to hire an associate then sell your practice to that associate when you’re ready to call it quits. Let me ask you this… Do you want to watch your perfect working relationship go from good to bad real quick? I’m guessing your answer is NO! One of the biggest mistakes made with this transition method is when an owner dentist hires an … Read more

Dental Lending is Still Incredibly Good

September 25, 2015Posted under: Accounting & Tax, Business Management, Buying A Practice, Financing, Practice Transitions, Uncategorized,
Viewed 1108 Times

Over the past several months there has been quite a bit of grumbling about the state of lending in the dental industry. I’ve heard from clients and from listening to dental podcasts that it just seems like the banks are asking for way too much stuff these days and don’t seem as eager to help dentists these days. I think it helps to have some perspective. In my opinion, dental lending is … Read more

How to be a Great Buyer

August 6, 2015Posted under: Buying A Practice, Uncategorized,
Viewed 777 Times

If there’s a constant concern we hear from young dentists it’s that they cannot compete with Dental Service Organizations (DSO’s) for available dental practices for sale. The perception is the DSO’s simply go out and overpay for practices, but the truth is that they are very good buyers. So how can an individual dentist be a good buyer: