Posts by Integrity Practice Sales
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…
Read MoreDo 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…
Read MoreDue Diligence: Dental Practice Scheduling
Once you have a signed Letter of Intent, it’s time to take a closer look at your potential new acquisition’s dental practice scheduling. After all, due diligence is one of the most important aspects of preparing for a successful dental practice acquisition. There are several important indicators that offer insight into practice performance. In this…
Read MoreHappy Halloween from IPS!
Happy halloween, everyone! I cannot believe that we’re almost through October. This is one of my favorite times of the year. It’s always a relief when the days start to cool down, the leaves start turning, and the days begin to get shorter. As we reflect on these seasonal cycles, I think it’s a good…
Read More3 Steps to Financial Due Diligence for Better Dental Practice Sales
Dental practice sales are complex transitions that require multiple steps. Once you have a signed Letter of Intent, it’s time to take a closer look at your potential new practice. Due diligence is one of the most important aspects of preparing for any successful dental practice sales. There are several important indicators that offer insight…
Read MoreBuilding 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…
Read MoreOwnership’s 2 Best Options: Solo Dental Practice or Partnership?
When you’re thinking about buying a dental practice, there are two primary paths to ownership: a solo dental practice or partnership. Will you buy 100% of the practice or less than 100%? We are all familiar with these ownership models, especially as group practices gain popularity. 30 years ago, nearly all practices were operated by…
Read MoreBest Clinical Styles after Dental Practice Acquisition
Understanding successful dental practice acquisition means also understanding that we all have different clinical styles and beliefs. Finding a practice that is close to your style can make the transition much smoother. That being said, in my experience, almost any dentist can work in almost any practice … and transform almost any enterprise to their…
Read MorePreparing 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…
Read MoreSetting Your Personal Goals for Buying a Dental Practice
Are you ready to buy a dental practice? There are many factors that play a role in this important decision: personal, financial, and clinical. This post will focus on the personal aspects of deciding whether to purchase a dental practice. Click here to read our guide to buying a dental practice. Buying a dental practice…
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