Blog

Price vs Loan – The higher the better

Most dentists will need to buy a practice with assistance from a bank. Understanding how banks lend will greatly increase a buyer’s chances of receiving funding for their desired practice.   One common misconception is that Buyers need cash or collateral to pay off...

Types of Entities for Businesses

Dental Entity Formation As with most things each entity has its pros and cons. Below is a list showing how each entity differs. Sole Proprietorship  Least initial cost Maximum Personal Liability Personal Taxation One member needed No associated lettering Partnership...

Covenant Not to Compete Protects Dental Practice

There is a persistent rumor from dentists that covenants not to complete are not enforceable. In Texas this is false. Covenants not to compete merely need to be "reasonable in time and geography" and only as broad as necessary to "protect the interests of the dental...

New Buyer Representation Service

We are happy to announce a new flat fee service for dental practice buyers. We offer appraisal review, price negotiation, contract review and loan assistance all for a flat fee. Hourly rates are available for those wanting an a-la-cart service offering. Visit...

What to know when selling your practice

It is best when selling your dental practice to sell BEFORE you are ready to retire. Selling when the practice is most productive at its highest value means not waiting until you are on the downside. The selling dentist may always continue to practice for the buyer or...

The Seller as an Associate

One of the biggest anxieties a dental practice buyer will face is whether to employ the seller after closing. Dental school taught dentistry, but not the "business of dentistry." Your seller might be your best mentor. Instead of letting that resource walk away...

Association by Handshake

You’ve hired an associate. Which is great for increasing production and lightening the load. You’ve come to an agreement on hours and compensation. So, what else is there? Doctors are familiar with the Dental Practices Act as it governs the rights and obligations of...

What to expect when selling a practice. Part 1:Time

How long might it take? The time table for an expected practice sale varies on a number of factors. There is no hard and fast rule as to how long it may take. The process begins at the time that an owner agrees to list the practice with a buyer and ends with the final...

Selling dental practices for more than 30 years across every region of Texas, including successful transactions in key markets like Houston, Austin, and Dallas.
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