Don’t listen to the doomsayers… dental practices are selling for higher prices than ever. It’s all a matter of knowing how to market a dental practice in this environment.
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It’s interesting to note how many doctors worry more about the fee they will pay for selling their dental practice than the net amount (after taxes) they will ultimately realize from the sale. We have seen doctors take fifty to sixty percent less than the actual value of their practice, and even others who walked away from their practice, just to avoid paying a fee for having it sold for them! The real question should be, of course, is how much money does a doctor lose by trying to sell his den
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Quality of Life... the ultimate goal of each and every dentist. What is it? Well, it’s different for every dentist but, basically, it can be described as doing dentistry because you want to, doing only those procedures you enjoy, and doing them only on those patients you wish to treat, and only when you want! This is also referred to as “freedom.” Most doctors would prefer to spend less time in the office (rather than more time).
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