17 Jun Dual Representation
Posted at 16:00h
in Dual Representation
At PARAGON we call the process of selling or buying a dental practice a practice transition...
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02 Jun Should I consider Office Sharing?
Posted at 19:16h
in Selling a Dental Practice
Unfortunately, the following story plays out year after year. It goes like this…
Years ago, you decided it was time to bring an associate into your practice. You interviewed a number of candidates until you found the “ideal” associate for your practice. Of course, you didn’t...
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...
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....
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%...
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...
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....
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...
25 May Practice Merger FAQ
Posted at 18:30h
in Buying a Dental Practice
A practice merger is by far the most effective and quickest method of increasing dental practice profitability. A practice merger will add significant net income to the purchaser’s bottom line immediately… not the first year, but the first month! PARAGON consultants have completed numerous practice...
25 May Practice Mergers
Posted at 18:18h
in Buying a Dental Practice
The continued growth of a solo practice is becoming more difficult every year. With increased competition, the influx of capitation programs, insurance clinics, advertising retail centers and an unpredictable economy, a general practitioner must be prepared to consider ways of expanding their patient base. Many...
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