PARAGON | Selling a Dental Practice

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04 May Timing is Everything!

Posted at 14:10h in Selling a Dental Practice

It is not uncommon for PARAGON to receive phone calls from doctors asking us to find a buyer and have a deal closed within the next 30 to 60 days. When we talk with many of these doctors, we find out that they have been...

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07 Feb A Contract is not Just a Formality

Posted at 10:54h in Informational Resources, Selling a Dental Practice

Many sellers think that a contract is just a formality! To these doctors, the important thing is that the practice is sold and they get their money. Well, nothing could be further from the truth. That contract you sign when you sell your practice becomes...

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06 Jun Ownership Redemption Options

Posted at 13:16h in Informational Resources, Selling a Dental Practice

An Ownership Redemption occurs when one of two or more practice owners wishes to sell his or her ownership interest in a non-solo owned practice. The sale of the ownership interest could be so the selling co-owner (the “Redeeming Owner”) can retire. However, it is...

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06 Mar The Best Investment You Have Already Made

Posted at 17:28h in Informational Resources, Selling a Dental Practice

When you finally realize that it is time to retire, your first thought will be… I will have to sell my practice. And, if you own one, your second thought may be… I will have to sell my building too. Obviously, you are right on...

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20 Jun The Fact Gathering Process

Posted at 20:32h in Selling a Dental Practice

Once a seller has decided that it is probably time for a practice transition, the next step is the time consuming fact gathering process. If we could provide a seller with practical and realistic transition options without knowing all the facts, we would be happy...

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20 Jun Let’s Get Acquainted First

Posted at 20:29h in Selling a Dental Practice

Dr. Sellerdoc was a 51-year-old dentist who wanted to sell his practice and continue to work for the purchaser for a period of nine years after the sale, and then retire. Dr. Buyerdoc was a young dentist who wanted to buy a practice. He was introduced...

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20 Jun Preparing for a Practice Sale

Posted at 20:25h in Selling a Dental Practice

There are certain things a seller should and should not do in preparing for the sale of a dental practice. We will address several important considerations in this article for your review and convenience. Please do not hesitate to call your PARAGON consultant if you...

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20 Jun The Diminishing Practice Value

Posted at 19:43h in Selling a Dental Practice

For the past two decades, we have definitely been in a “seller’s market.” Dental practice market values, as a percentage of gross revenues, has been at all time highs the last 5 years or so. However, the next decade is projected to see a significant...

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20 Jun Work 40% Less… Retire 10 Years Sooner

Posted at 19:40h in Selling a Dental Practice

Dr. Jack Smith (not his real name) was tired and frustrated. He was 45 years old and already showing signs of professional burnout. When our consultation started, the first thing out of his mouth was “You helped a buddy of mine buy a practice and...

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20 Jun The PreSale Program

Posted at 19:36h in Selling a Dental Practice

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 “associate” for...

04 May Timing is Everything!

07 Feb A Contract is not Just a Formality

06 Jun Ownership Redemption Options

06 Mar The Best Investment You Have Already Made

20 Jun The Fact Gathering Process

20 Jun Let’s Get Acquainted First

20 Jun Preparing for a Practice Sale

20 Jun The Diminishing Practice Value

20 Jun Work 40% Less… Retire 10 Years Sooner

20 Jun The PreSale Program

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