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Preparing Your Dental Practice for a Successful Sale: Strategies and Insights
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Is your dental practice ready for sale? Many dentists find themselves unprepared for the complex process of selling their practice, especially in today’s volatile market. Aaron and Dan are here to guide you through every critical step. Starting with an analysis of current market trends, we unpack the growing preference for private squat practices amid high-interest rates and a slowdown in corporate acquisitions. Discover why it's crucial to adapt your business model now and how to navigate the economic uncertainties that might otherwise delay your plans.
Planning to sell your practice involves more than just a decision—it's a strategic, multi-year endeavor. With Aaron and Dan’s expertise, you'll learn why planning at least two years ahead is essential for maximizing your practice's value. We discuss whether to sell outright or retain elements like the freehold, and the implications of staying on post-sale. Plus, uncover the importance of accurate financial data, specialist advisory teams, and a strong network to attract serious buyers. Don't miss this episode loaded with valuable insights for any dentist contemplating the sale of their practice.
Chapters
1. Preparing Your Dental Practice for a Successful Sale: Strategies and Insights (00:00:00)
2. Preparing Dental Practice for Sale (00:00:17)
3. Planning and Selling a Dental Practice (00:09:21)
4. Maximizing Practice Valuation With Specialist Advisors (00:21:46)
49 episodes
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