– Originally published in the July 2010 issue of Dental Town Magazine.
At ADS, as transition specialists, we work with all types of transitions, practices and doctors. While we have specific methodologies for practice valuation and proven practices for successfully transitioning a practice from a selling to apurchasing doctor, we understand that for most doctors you… read more »
The associate buy-in
June 23rd, 2010In this day and age of deferred retirements,more practice owners are making the decision to havean associate join their practice. Hiring an associatemay allow the senior dentist to take more time off and stillmaintain some income. Before such an endeavor is undertaken, it should be realized that an associate buy-in is muchmore complex than the… read more »
For sale by owner … or by broker
March 29th, 2010I saw an advertisement in a state journal for the sale of a practice. The ad contained in capital letters “NO BROKERS,” which was an irresistible invitation to reply.
I told the seller about a dentist who had tried unsuccessfully for two years to sell his practice. So the seller engaged me to sell his practice,… read more »
Understanding restrictive covenants and nonsolicitation in dentistry
March 29th, 2010There is a need for employers to have appropriate protection in maintaining customer relationships after an employee leaves. In general, courts recognize this. The two basic types of restrictive covenants are “noncompete,” which precludes a former employee from working in the same business as the employer for a certain period of time, and “nonsolicitation,” which… read more »