This is a must-attend session for dental practice owners who are 0-8 years away from a transition. Learn what you need to do in order to prepare for a practice transition. You will learn about the legal, financial, logistical and emotional aspects of transitioning out of your full-time dental practice. Should you sell now, or wait five years? Is it better to use a broker, or go it alone? What about DSOs? And more! Join the Past President of the WSDA Cindy Pauley, DDS, who sold her practice several years ago and Rod Johnston, MBA, founder and Principal of Omni Practice Group as they divulge a plethora of information from their experiences. We will also cover current trends in transitions including the financial markets and working with DSOs. Bring your questions and come ready to learn about the world of practice transitions!
Learning Objectives:
A quick overview of the sequence of a dental practice transition.
Participants will know when is the best time to sell.
Potential changes to federal and state tax laws and their effect on your practice sale.
What are buyers currently looking for in a practice.
Who should you have on your transition team?
Common questions dentists ask when getting ready to sell their practice – and our answers.
Analyzing selling to a DSO and does it make sense?
Identify how long it may take to sell your practice.
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