Retiring from dentistry is a big step. If you are retiring from dentistry within the next 5 or even 10 years, having a solid plan is essential if you want a successful dental transition.
According to dental brokerage firm Blatchford Transitions, retiring from dentistry is something that requires a team. The right team is essential in order to make the right decisions for a successful dental transition.
I’m Not Retiring this Year Why Do I need a Dental Broker?
If you are retiring this year, Dr. Bill Blatchford and Dr. Christina Blatchford hope that you already have a dental broker to handle the transition, if you don’t good luck. Without a broker to handle the sale, it could take months or even years to sell your dental practice.
As a dentist who is ready to retire you most probably know what your dental practice is worth, but did you know that you could increase your worth if you aren’t retiring for a few years?
According to Blatchford Transitions, who are also dental coaches, you can streamline your dental practice making it more efficient. If you decide to become a Blatchford Doctor during your transition, your dental practice could be worth more when you decide to put it on the market.
Can’t a Real Estate Broker Handle The Transaction?
Of course, a real estate broker could handle your dental transition, but in all honestly, you probably won’t get as much as you had hoped for. Because the team from Blatchford Transitions are working dentists and dental coaches, they are experts in marketing and targeting.
When you sell your dental practice with a Blatchford Transitions dental broker, you will be satisfied with the new owner, even if you have decided to stay on for a while.
Working with a dental broker is vital if you want to get the best price for your dental practice. Call or click and schedule an appointment with Blatchford Transitions.
Dr. Bill Blatchford, Dr. Christina Blatchford and the entire team are ready to help you transition into your next chapter. Call for a no obligation consultation today.