Edge Advise

Selling A Practice

Retirement-Strategy-Associate-to-Owner-When-To-Set-The-Purchase-Price

Retirement StrategyAssociate to Owner & When To Set The Purchase Price

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

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10-Steps-to-a-Good-Dental-Practice-Sale

10 Steps to a Good Dental Practice SaleTips for selling practice owners

Build Your Team of Advisors: Broker/Consultant, CPA/Accountant and an Attorney (keep them informed).  When I tour around the Midwest giving presentations regarding selling a dental office, I without doubt come across dentists who “read an article or two and have a good understanding of the process” and want to handle the sale on their own to save money.  If I need my teeth fixed I go to a dentist, not a plumber … Read more

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