Practice Transitions - 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 2163 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 595 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 1084 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

Mistakes Dental Practice Buyers Make and Why The Corporations Beat ThemDental Practices for Sale and The Mistakes Prospective Buyers are Making

February 2, 2014Posted under: Practice Transitions, Uncategorized,
Viewed 483 Times

If you are a reader of the website Dental Town, threads like this which decry the rise of corporate dentistry are common place. In many industries consolidation of companies has become the norm, but there are lessons to be learned in how corporations buy dental practices that any private buyer can use. Our dental consulting firm has a reputation for selling dental practices, but we also help people buy dental practices almost as … Read more