Buying a dental practice rather than starting one from scratch saves many new dentists a lot of stress and frustration. The decision to buy a dental practice is also great for dentists who need to expand or move. However, not every dental practice purchase ends happily. In order to choose the right practice, you need…
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Valuing a dental practice is much more than going to a dental practice value calculator and plugging in some numbers. In many ways, valuing a dental practice is more art than science. A number of variables exist that make consulting a professional the best choice when trying to find the value of your dental practice.…
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Dental bookkeeping will only take your practice so far. Without a specially trained dental CPA to inform and support your practice, you will waste money, miss critical tax breaks, and miss important opportunities for growth and development. Certified Public Accountants with this unique understanding of the dental industry provide more benefits to dental practices than…
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Dental retention is always tricky after a practice is sold. Some people write off as much as 50% of a practice’s patients, in the year following the changeover. While there’s no way to ensure you keep every single patient, these tips will help you achieve maximum retention. From remaking your website, to getting an endorsement…
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Valuing a dental practice is a tricky business. If you’re looking to sell your practice in the next year, getting an accurate valuation should be your top priority. The right dental practice appraisal formula sets you up to sell your practice for the best price possible. However, the wrong appraisal will leave you negotiating in…
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You have worked hard to build your team. You have spent countless hours creating and implementing operational methods. You can attribute several gray hairs to weekends spent training office staff and associates. At the end of the day, you understand just how important it is to have an experienced team. We here at Premier Practice…
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Choosing between taxable and tax exempt investments depends largely on how you plan to handle your retirement. Dentists looking to sell their practice would do well to see a California dental broker. In addition to handling the sales process, a good dental broker in California can help with your retirement planning before you even put…
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When planning to retire, or leave the work force many people make mistakes. These mistakes range from decisions made early in the practice to poor decisions made right before leaving the practice. While it may not seem like a mistake at the time, during retirement or later in the process, you eventually realize it was.…
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Everyday a new transition begins in your life. From the day you started your dental practice to the day you realized you should be starting retirement from that practice, Premiere Practice Transitions can be by your side. Today, we’ll focus on your successful retirement planning with Premiere Practice Transitions. The First Step to a Successful…
Read MoreWhen done well retirement planning is made it can set you up for a life you never thought was possible. When done wrong, it can leave you short of travel money, covering your monthly bills and ultimately the question of where you went wrong. Here are some things to consider now setting you up for the best…
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