PARAGON | Gary Ballard

02 Jun My pension took a hit from the stock market. How can I afford to sell my practice?

Posted at 19:09h in Selling a Dental Practice

“My pension fund was devastated in the recent stock market decline so I will need to continue practicing a while longer before I can sell my practice!” We wish we had just ten bucks for every time we have heard this excuse in the past few...

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02 Jun Should I sell my building with my practice?

Posted at 18:56h in Selling a Dental Practice

Selling your practice and your building at the same time will likely result in you losing tens of thousands of dollars in sales proceeds! However, it is surprising how often doctors want to sell their office building at the same time their practice is sold....

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02 Jun How much will it cost me to work with a PARAGON consultant?

Posted at 18:46h in Selling a Dental Practice

It’s interesting to note how many doctors worry more about the fee they will pay for professional assistance in selling their practice rather than the net amount they will ultimately realize from the sale. We have known doctors who ended up accepting 50% to 60%...

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02 Jun Have you really planned for retirement?

Posted at 18:43h in Selling a Dental Practice

I was speaking to a study club of dentists concerning their future plans and discovered that most were considering retirement within the next five to ten years. It was interesting to note that none of them had made any definitive plans for converting one of...

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02 Jun When is the right time to sell?

Posted at 18:35h in Selling a Dental Practice

For most dentists, the sale of their practice is something they think will happen far off into the future when they are ready to quit and have plenty of money to retire. Most don’t spend any time thinking about, much less pre-planning, a practice sale....

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02 Jun I’m not ready for retirement. Can I sell now and keep working?

Posted at 18:29h in Selling a Dental Practice

THE PRESALE PROGRAM The PARAGON PreSale Program was primarily developed for the practitioner who is considering retirement within the next five to ten years. The PreSale Program makes it possible for a doctor to sell his or her practice NOW and continue to practice as an...

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25 May Acquisition vs. Startup?

Posted at 14:52h in Buying a Dental Practice

Acquisition vs. Startup? So you either just graduated or will soon be graduating from dental school. You have already made the decision that you do not want to work for someone else. You know that practice ownership is the only way you can achieve the income...

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25 May What is my Career Income Potential?

Posted at 14:48h in Buying a Dental Practice

Most doctors will practice dentistry an average of thirty-five years throughout their career. The number of years a doctor ultimately practices times the average annual income he or she earns over that period equals that doctor’s "Career Income." A dentist's Career Income Potential is greatly affected by the...

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24 May Should a Recent Graduate Purchase A Large Practice?

Posted at 21:46h in Buying a Dental Practice

A few years ago a recent graduate had an opportunity to purchase a relatively large practice (over $800,000 annual gross collections) in the exact area in which the young doctor wished to live and practice. This practice represented a “once in a lifetime” opportunity that...

02 Jun My pension took a hit from the stock market. How can I afford to sell my practice?

02 Jun Should I sell my building with my practice?

02 Jun How much will it cost me to work with a PARAGON consultant?

02 Jun Have you really planned for retirement?

02 Jun When is the right time to sell?

02 Jun I’m not ready for retirement. Can I sell now and keep working?

25 May Acquisition vs. Startup?

25 May What is my Career Income Potential?

24 May Should a Recent Graduate Purchase A Large Practice?

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