Are You Thinking Of Selling Your Dental Practice?

Before considering selling your dental practice, consider your OPTIONS…

·      Our team has creative and innovative alternatives!

·      Create more cash flow and grow your practice!

·      Let our team review your processes and procedures; we will present alternatives based on your personal and professional goals!

·      There are many ways to boost production and help you earn the best price for your practice when you are ready to sell it!

·      What if we could show you a way to keep your practice work less and make more money!

Imagine showing up to practice dentistry and feeling like your team and practice worked like a well-oiled machine! AND produced the way you always dreamed?!... It is possible!

Call David Company today for a comprehensive analysis and solutions to your challenges.

Some ideas to consider:

What is the current potential value of your practice? Here are some things to consider as you consider the best option for your practice. Should you hold onto your practice where it can continue to generate income for you for many years or sell it?

Holding onto your clinic may be beneficial to you!

For example, let's use the figure: $1,000,000 in annual revenue, and you are operating at about a 30% profit margin.

$1,000,000 x 30% = $300,000

Based on the example above, if you were going to replace this dental practice asset, you would need to replace that investment with an alternative investment that produces a return of at least $300,000. If you sell your practice for $1,000,000.00 and invest that money, it will not give you a $300,000 return on your investment! We can help you create more revenue each month from your practice!

It is a fact that most people need a dentist or will need a dentist many times in their lifetime. Some dentists struggle with the business aspect of dentistry. Dentists go to school to learn how to do dentistry. Sadly most dental schools do not offer any business training or even a class teaching business operations. We can provide essential training for you and your team! It is challenging to think about running a dental practice while dealing with patient care, customer service issues, team member challenges, and figuring out how to pay all the bills! Many dentists have felt very overwhelmed by these things and many other aspects of running their dental practices. Suppose you are dealing with these and or any other challenges of dental practice ownership.

We are here to help!

David Company provides many services, including comprehensive business consulting services to help improve or transition your practice based on your goals. Call us today; we can help!