By Susan Spear, SAS Transitions, Inc. Dental Practice Brokers From the Summer 2019 Journal of the Colorado Dental Association In-house dental plans are growing and can offer a solution to dental insurance plans that don’t meet the needs of all patients. They are also a way to offer dental services to those who don’t have dental insurance. The typical individual …
How to Sell Your Dental Practice in 2019
By Susan Spear From the Spring 2019 Journal of the Colorado Dental Association The time has never been better for the retiring or transitioning dentist to sell her/his dental practice to another dentist seeking to acquire an established office. It is possible to find a qualified buyer who meets your criteria. There are many buyers today who are seeking a business …
My Leap of Faith
By Carolyn Mauterer, D.D.S., CDA Vice President From the Winter 2019 Journal of the Colorado Dental Association In 2017, I made a major leap of faith and sold my beloved private practice to a DSO. The events leading up to this decision were too many to list, but the two biggest factors were my incredibly high stress level and the dental …
Assembling the Right Team to Open a New Office
By Stephen Strecker From the Fall 2016 Journal of the Colorado Dental Association One of the most significant business decisions you will make is the strategic choice of your office’s location. In many markets, the incentives offered by landlords to new tenants make relocation more appealing than renewing a lease in your existing space, and before signing any lease renewal …
What Are Buyers Looking For?
By Marie Chatterley From the Fall 2016 Journal of the Colorado Dental Association The dental market is hardly suffering from a shortage of dentists in more populated areas of the country; however, the increased supply of dentists does not equate to a profusion of ideal opportunities. Most dental school graduates prefer to live in cities and suburbs, not in rural …
5 Ways to Make Your Practice Sellable
By Susan Spear From the Summer 2016 Journal of the Colorado Dental Association What makes a dental practice sellable in today’s marketplace? A good place to start is to understand and quantify your assets both tangible and intangible. Tangible assets or “hard” assets are the equipment, instrumentation, supplies, computers, software, office lease and leasehold improvements such as cabinetry, office furnishing …