After signing a letter of intent (LOI), a dental practice buyer must investigate the business, finalize financing, negotiate the purchase agreement, secure the premises, and satisfy regulatory requirements. Each item should be coordinated before closing so that ownership and operations can transfer without avoidable disruption.
A LOI...
Selling a dental practice requires owners to negotiate various issues during the transaction. Structuring a practice sale also involves consideration of the tax implications of the sale. An experienced dental law attorney can help you understand your options and ensure you’re making the right steps to best meet your needs.
Newer dental practices may seek outside investment to finance continued growth, such as through opening new locations. However, practice owners should familiarize themselves with best practices to follow when selling equity.
Understanding the Type of Entity You’ve FormedThe first step in bringing on investors...
Before you sell or close your thriving dental business, you need to develop and implement a solid exit strategy.
This is even more important if you are retiring from the workforce entirely. A good exit strategy can ensure a relaxing retirement, but a poor one can hinder your retirement...
Selling any type of business can be a lucrative but complicated process. This is especially true if you are selling a dental practice.
A significant portion of the value of a dental practice is in intangible factors that can be difficult to explain to a future owner. If...
Selling your practice is a big deal. It’s not just a big financial deal, but it can be significant personally and professionally. After all, you have most likely put a great deal of time, effort, energy, and emotions into building and sustaining your practice over the years. It makes sense that...
You don’t need to have immediate plans to sell your dental practice to start maximizing its pre-sale value! If selling your practice is part of your plan in the next few years, now is the time to take steps to increase its pre-sale value. The time you invest now in working...
If you have decided to sell your dental practice or are even considering selling your dental practice, there are a lot of other decisions and considerations that you are going to need to make and account for along the road ahead. The sale of your dental practice is likely to be...
If you are thinking of selling your dental practice, determining an accurate valuation of your practice will be critical. This should be done well in advance of putting your practice on the market and meeting with potential buyers. Getting to an accurate figure for your practice’s value can be somewhat challenging and...
If you are planning to sell a dental practice, preparation is one of the most important factors in achieving a successful outcome. Whether you are retiring, relocating, or ready to focus solely on patient care without the...
