Retiring from Dentistry and the Dental Transition

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If retirement has been on your mind for a few years, it’s time to call the team from Blatchford Transitions.

Dr. Bill Blatchford and Dr. Christina Blatchford started the dental brokerage firm to help dentists just like you retire comfortably by selling your dental practice to the right person and for the right price.

A Dental Transition Takes Time

Whenever you decide to retire, you still need a solid plan. Blatchford Transitions recommends that you start planning your transition at least 5 to 7 years before you go ahead with your retirement. Having a solid plan before you retire is even more important if you are a dentist as there are several things to consider.

What Kind of Dental Transition Do You Want?

One of the first things to ask yourself is what type of dental transition do you want. Are you looking to retire completely from dentistry, or would you prefer to stay on during the transition? Doctors who want to keep working have several hoops to jump through before that can happen. Firstly, your practice needs to be able to support two incomes; secondly, you need to be able to work with the person who is buying your dental practice.

Selling Your Dental Practice with a Professional

While you are considering what kind of dental transition you want, you also have to consider who is going to sell your dental practice. If you follow the Blatchford Transitions Blog, you will know that selling a dental practice on your own is far different from selling your home. In fact, selling your dental practice without a broker could have far-reaching consequences and they aren’t always good ones.

A Dental Transition with a Brokerage Firm

Blatchford Transitions has seen their fare share of disastrous transitions. Most of these disasters could have been prevented if the doctor had hired a dental broker. Sadly, some doctors don’t have the knowledge or experience to sell a dental practice and end up with a bad deal, or worse yet, no deal at all. If you don’t work with a dental brokerage firm, it will take much longer to sell your practice.

Help with Your Dental Transition

Some dentists are forced to wait five years before selling a dental practice because they didn’t work with Blatchford Transitions. Dr. Bill and Dr. Christina are also dental coaches and have the experience to help your dental practice grow.

With dental practice management systems, a dental coach can actually help you sell your practice for much more than you thought it was worth.

If you are considering a dental transition regardless of where you are in your career, call and schedule a no obligation consultation with a dental broker from Blatchford Transitions today.

About the Author

Drs. Bill & Christina Blatchford

Dr. Bill Blatchford and his daughter, Dr. Christina Blatchford are the strongest voices in dentistry today for profitability. They are the private practice dentist’s advocate for net return, more time away and increased enjoyment. Bill graduated Loyola in 1970 and practiced for twenty years in Corvallis, OR. Christina graduated OHSU in 2009 and practices in Milwaukie, OR. In their Custom Coaching Program, both Drs. Blatchford have helped thousands of Doctors develop leadership skills and practice success by working personally with Doctor, spouse and team to achieve their dream practice. In addition, they have published four books, including Bringing Your ‘A’ Game 2.0 and No Nonsense Transitions.