Use the tools and tips below to get you there.
Print the 1-page Quick Start Guide For All 8 Steps
…or continue reading below.
Click on a step below to learn more:
Overcome common obstacles with the right tools and find a practice you’re excited about.
Dive deep into the practice you’re looking at and assess the opportunity objectively.
Here’s where you’re going to make an offer to the seller. It’s time to set the stage and ensure a smooth transition to your ownership of the practice.
After you have an accepted letter of intent, it’s time to secure financing from a bank. Use a dedicated dental lender and remember it’s about more than the rate!
Dive deep into the target practice and ensure you understand what you are purchasing. Good due diligence includes a review of both reports and the practice.
Both you and the seller will have attorneys draft. Negotiate and finalize the legal documents that will legally transfer the business to your name.
As the closing date gets closer, there is a lot to do to be ready to own a business. Some steps are crucial to start as soon as is practical. Others can wait a bit.
This is what you’ve waited and worked so hard for! You’re going to walk through the doors of a dental practice that you own. There will be a lot going on at this stage, but celebrating can and should be one of them!
Purchasing a dental practice is a big decision. Ask me any question you’d like.