Looking to sell your practice to an associate?
Having an associate ready and willing to buy your practice may sound ideal, but the process is rarely as straightforward as it seems.
Selling to one or more trusted associates is often seen as a less complicated and stressful transaction than putting a practice up for general sale. The buyer is someone already working in the practice, who knows the staff, patients and the day-to-day operations inside out.
For a principal dentist who has identified a buyer for their practice without having to go to the open market, it probably seems that a lot of the hard work has already been done. They may feel there’s no need to instruct an agent, as a buyer is already in place and the transaction can move ahead with the minimum of bother. However, even for those with a buyer already in place, there is still a need for a tailored brokerage service to help them navigate any number of hurdles they will find along the way to make the transaction go as smoothly as possible.
Having an annual valuation of your practice can allow you to discover new opportunities available to increase not only your practice value but also your revenue.
Our valuations provide you with the following:
• Overall business strategy
• Advice to build revenue
• Step by step guide on building your value
• Access to the Henry Schein network
• Understanding your business – benchmarking costs & practice ratios