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Integrity Practice Sales Blog
Articles to help you buy or sell your dental practice.
Seller’s Guide: How To Sell Your Dental Practice.
How to Sell your Dental Practice You’ve worked for years in your practice, provided great care for your patients, and helped your practice grow. It’s been your business, your career – you’ve poured your life into your office, your patients, and your team. And now you’re thinking about selling. Selling your dental practice is a…
Interest Rates & Practice Values
This morning’s headline in the Wall Street Journal: “Mortgage Rates Hit 5% for First Time Since 2011“. If you’re thinking about buying or selling a dental practice in the next few years, it’s time to pay attention. Interest rates are one of the market forces that drive dental practice values. (Of course, the best way…
Why your dental practice needs you to stay connected
Dear friends and colleagues,It’s the end of another week. Doesn’t it feel like February was a full year ago? Or a different lifetime? I’ve received some encouraging feedback on these newsletters, and I’ll do my best to bring you important news and updates as they come out. Once again, please feel free to forward this…
Building the Best Dental Practice Team After the Close
So you’ve done your due diligence and you’re just successfully closed on your new practice and you’re excited to build your dental practice team…but you’re also nervous about how the new patients (and any potential staying staff) will react to you. In this blog post, I’d like to share one of the most important…and most…
What Is My Dental Practice Worth?
This is one of the most common questions we receive at Integrity Practice Sales. And it makes sense – you’ve devoted a huge part of your life to your practice! If you’re thinking about selling your dental practice, understanding practice value is key. The first thing to note regarding practice value is that, just like…
Do I need a dental practice sales broker?
You don’t always need a dental practice sales broker. Here’s when you should go it alone. You might be surprised to hear this – especially from us – but not everyone uses a broker for their dental practice transition. There will always be people who decide to go it alone. Does that mean you should…
Buying Tutorial: Are You Ready To Buy A Practice?
Buying a practice is one of the biggest steps you’ll take during your career as a dentist. As with any life-changing decision, there’s a lot to know beforehand so you can make the right choice. Unlike buying a car, you absolutely have to get it…
Triaging and categorizing dental practice patients after COVID-19
Hello again from my kitchen table to yours,I hope you all are remaining healthy and well as we close the book on the 3,000 days of April 2020. What a strange month it’s been.The good news is that I have been talking to many doctors getting ready to return to practice. There is light at…
Do I need a dental practice sales broker?
You don’t always need a dental practice sales broker. Here’s when you should go it alone. You might be surprised to hear this – especially from us – but not everyone uses a broker for their dental practice transition. There will always be people who decide to go it alone. Does that mean you should…
Do Your Due Diligence Before Dental Practice Sales: Reviewing Patient Charts
Performing due diligence on patient charts can be a big undertaking before dental practice sales, but it should not be overlooked. By examining the charts, you can tell what type of dentistry the seller performs, how the practice cares for and follows up with patients, how patients are scheduled, and how the practice makes financial…
Do I need the selling doctor to stay on after a dental practice sale?
In some cases, doctors who sell their practices are contractually obligated to stay and work in the practice for several weeks or months after the dental practice sale to provide treatment and “introduce the patients to the new doctor”. The benefits of such an arrangement may seem clear, even obvious. It makes sense to keep…
Preparing to Buy a Dental Practice: Setting Financial Goals
While closely related to personal goals, financial goals deserve a blog post of their own. When you are thinking about buying a dental practice, it is important to understand how your personal finances can affect your ability to get a loan and live the lifestyle you want. Dental practices pay for themselves. This makes the…