tntransitions

The market for dental practices is still strong and practice ownership is attractive to most practitioners in the next stage of their careers. Whether or not you’re in the market for dental practice sales, it’s a process that is critical to understand if you want to make the most appropriate decisions for good fortune that lasts. Why Consider Dental Practice Sales? Established professionals have often spent years building and growing their practice, so selling a practice can be the conclusion of years of toil and dedicated service. Looking at selling your dental practice creates new opportunities for retirement, business ventures and finally just moving on without worry. A well-orchestrated sale keeps patients, staff, and the practice’s reputation in good hands and provides a financial payday to the seller. Buying A Dental Practice Opportunity For buyers, the opportunity to purchase a dental practice provides a massive head start to that of building from the ground up. When you buy...

Selling an ortho practice can often seem like quite the undertaking  whether you are retiring, relocating, or just want to move on into your next chapter. Mentor Bio Dr. Jim Howard Jim Howard, DDS – Tennessee Transitions At Tennessee Transitions, Dr. Jim Howard provides professional advisement in respect to orthodontic practice sales and practices transitions ensuring that orthodontist professionals throughout Tennessee and the Southeast are able to successfully complete their life’s work and accomplish the desired results, commanded values, and peace of mind. As being a practicing dentist and owning a business himself for decades, Dr. Howard knows about the dental transitions realities. From valuation and marketing to negotiating and closing, his tailored methodology ensures each step is managed with diligence, discretion, and an intimate knowledge of the business. Whether you are working with a private buyer, DSO or OSO, TN Transitions takes great care in getting the highest pr...

Dentist or Orthodontist: Selling a dental or orthodontic practice is an important step in one’s career. Whether you are coming closer to retirement, you are moving, or you are simply changing your career direction, selling your orthodontic practice or dental practice means you need to have the right planning (right information, procedures of how this transaction is conducted and being knowledgeable about the market) and help (expert guidance from a professional). The first step in any successful practice sale is understanding the true value of your practice. A formal valuation will include factors such as patient base, cash flow, location, equipment, staff and growth potential. This will let you manage user expectations and that your product is priced well in the market. “There’s also the timing of it. Thinking ahead about your exit strategy—well before your retirement—is a great way to grow the value of your business and its financial performance and to simplify practice management....

Owning an orthodontic/dental practice is a lucrative investment opportunity and can be a very personally rewarding experience as well. You may be an experienced professional seeking to take on a new challenge or a young graduate with dreams of forging your own path, in both cases purchasing an orthodontic or dental practice is the perfect chance to join or grow within the world of oral healthcare. Purchasing an Orthodontic Practice: A Strategic Investment Orthodontic offices provide specialized care involving the alignment and appearance of clients' teeth and jaws. There are several points to take into account when looking into buying an orthodontic practice: Specialized Treatment: Orthodontists have experienced training and development of their specific skills of orthodontic treatment which makes their treatment valuable in the healthcare market. Rising Demand As greater emphasis is being placed on the role orthodontic treatment plays for oral health and appearance, more people se...