Are you interested in buying a dental practice? Southeast Transitions can help!
Southeast Transitions is committed to helping you buy a dental practice that will stand the test of time. Whether you are simply tired of being an associate or would like the challenge of owning your practice and becoming your own boss, practice ownership is for you—and the opportunity to run a practice your way is appealing to many dentists in your situation.
At Southeast Transitions, our philosophy is that not all dentists are created equal. As a result, we look deeper than the numbers to understand what really creates a good transition, and our professional dental brokers are looking forward to helping you buy a dental practice that is the right fit and transfers easily to you.
Why should you buy a dental practice?
Buying a dental practice allows you to:
- Take control of your own destiny
- Achieve a higher net income and build wealth faster
- Purchase a steady income stream
- Immediately begin treating an existing patient base
- Start collecting business profits from dentistry, rather than just getting paid for your labor
- Quickly accumulate retirement funds
- Take advantage of business ownership tax advantages
- Gain the personal satisfaction of owning a successful business
To ensure you make the right choice, a number of key factors should be taken into decision when buying a dental practice. First and foremost is the compatibility between both you and the selling doctor. You should only buy a dental practice if your philosophy, valued principles, expectations, needs, and goals are compatible. We try to achieve a win/win situation for each dentist so no one gets hurt. By brokering a fair deal for all, we help maintain goodwill for both parties throughout the transition—and long after the closing.
Maintaining staff and patient support and loyalty is also an important part of the transition process when buying a dental practice. Southeast Transitions can also provide support in smoothly transitioning the staff and retain customers in order to help the practice flourish.
Money is yet another factor you should consider before you decide to buy a dental practice. Our dental brokers will not only ensure you get a fair price and compensation as well as fair terms on your purchase, but we will also help you determine how much money you can expect to make after the closing.
Finally, when buying a dental practice, you should consider your current restrictive covenants, which prohibit you from competing against your current practice and soliciting patients or clients. Once again, we can help you buy a dental practice that satisfies these restrictive covenant agreements.
Understanding what it takes to buy a dental practice is extremely important. Count on Southeast Transitions to explain the dental transition process and help you become familiar with the realities of the current marketplace.
Are you interested in learning more about buying a dental practice? Please contact us today at 678-482-7305, or submit comments and/or questions on our Contact Us page.
