Dental transitions are major events whether you are a new dentist who is buying his or her first dental practice, or a dentist who is about to retire and travel the world.
Whatever the situation, a dental transition takes time, planning, and most importantly, skill.
A Dental Brokerage Firm for the Fine Print
You may think buying or selling a dental practice is just like buying a house. When you find what you like you negotiate with the buyer and purchase the house. With that being said, the seller rarely stays on after the property changes hands.
Buying into a dental practice with the promise of the dentist leaving within 12 months must be discussed beforehand. A good dental broker has seen the problems that occur with this type of transaction. The retiring dentist isn’t happy with the way, “His,” practice is running so he’ll stay a bit longer to see if things turn out they way he thought they would.
This type of transaction can easily cause tension. That tension will spill over to your team and eventually the patients. If there is discord in the office, you can bet the patients will feel it.
Blatchford for Buying and Selling a Dental Practice
If you are considering buying or selling a dental practice, talk to a professional from Blatchford Transitions. Dr. Bill Blatchford and his daughter Dr. Christina Blatchford started this special dental brokerage firm to help dentists make the first and many more dental transitions.
Once you have worked with Blatchford Transitions you’ll understand why dentists buying multiple practices always turn to Dr. Bill, Dr. Christina or another member of the Blatchford Transitions team to complete the sale.
The Business Side of Dentistry
Another reason to hire a dental broker is the business side of dentistry. Knowing the finer points of the sale, regardless of where you sit on the negotiating table is vital. Blatchford Transitions are practicing dentists and dental coaches who know where the dental market is going, where it has been, and where it will be in the future.
Dentists selling a practice may have a price tag that doesn’t fit the stats. If that is the case, the tough negotiating team will work with you and the seller to agree on a price that is suitable for the dental practice.
Knowing the business side of dentistry helps. Sometimes all it takes is a few dental coaching sessions to work out the kinks. Dental coaching can actually boost the price if you are thinking about putting your dental practice on the market.
A Dental Transition with Blatchford Transitions
Both buying and selling dentists are thrilled with the results they have received from Blatchford Transitions and you will too. Dentist’s all over North America are finding the practice of their dreams whether they are searching for a busy dental practice in downtown Manhattan or a small one man operation in Peculiar, Missouri, Blatchford Transitions has got you covered.
Call and schedule a no obligation dental transition consultation with the team from Blatchford Transitions today.