DDSmatch Practice Transitions’ Post

A few of our Professionals had the opportunity to be hosted by Dr. Dr. Paul Goodman and Dental Nachos to discuss the "Three Steps to Practice Purchase Success" ✔️  Start Early Why it matters: Purchasing a dental practice is a complex, time-consuming process. Starting early gives you ample time to research, identify the right opportunities, and avoid rushed decisions. ✔️  Hire the Right Team Why it matters: A dental practice purchase involves many moving parts, from legalities to financial details, and having the right professionals in your corner will help you navigate the complexities. ✔️  Financial and Clinical Documentation in an Organized Manner Why it matters: Proper documentation is critical in assessing the health of the practice, facilitating due diligence, and securing financing. Without well-organized and accurate records, your ability to make an informed purchase decision will be limited. By taking these steps—starting early, hiring a strong team, and ensuring documentation is organized—you can approach the dental practice purchase process with clarity and confidence, significantly improving your chances of success. Well said, Justin Baumann Kevin McGonigal Jeremy Keck! https://lnkd.in/g2SDHMwe