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PracticeCFO
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เข้าร่วมเมื่อ 24 ต.ค. 2016
How Long Will It Take to Sell My Dental Practice? Part 2—with Matt Odgers
What are the most common delays that prolong a practice sale?
In general, the people who hold up deals are banks and landlords.
But there are steps both buyers and sellers can take to prevent these delays and shorten the timeline for a dental practice sale!
On this episode of the Dental Board Room Podcast, Dental Attorney Matt Odgers joins host Wes Read to continue their conversation on expediting a practice sale.
Matt and Wes discuss how to fast-track legal and clinical due diligence, explaining why it’s crucial to negotiate vendor contracts and lease terms before you list your practice.
They also share 4 ways to determine the value of your practice and describe the relationship between list price and closing timeline.
Listen in to understand why buyers and sellers should both reach out to the bank early on and find out if Practice Orbit can help speed up the sale of your dental practice.
Topics Covered
The legal documents a seller needs to prepare for a practice sale
Why it’s crucial to negotiate vendor contracts and talk to your landlord before you list your practice
What a seller can do to expedite the clinical due diligence of a practice sale
What a buyer can do to accelerate the timeline for a practice sale
4 ways to determine the price of your practice and how the list price impacts the closing timeline
Common delays in closing a practice sale associated with banks and landlords
Why it’s the seller’s responsibility to negotiate the lease terms a buyer might need
How much faster you can close a practice sale if it’s staged well
How Practice Orbit accelerates the process of selling your dental practice
Why you need a ballpark valuation of your dental practice and how to get it done for free
2 reasons you might use Practice Orbit to sell your dental practice
In general, the people who hold up deals are banks and landlords.
But there are steps both buyers and sellers can take to prevent these delays and shorten the timeline for a dental practice sale!
On this episode of the Dental Board Room Podcast, Dental Attorney Matt Odgers joins host Wes Read to continue their conversation on expediting a practice sale.
Matt and Wes discuss how to fast-track legal and clinical due diligence, explaining why it’s crucial to negotiate vendor contracts and lease terms before you list your practice.
They also share 4 ways to determine the value of your practice and describe the relationship between list price and closing timeline.
Listen in to understand why buyers and sellers should both reach out to the bank early on and find out if Practice Orbit can help speed up the sale of your dental practice.
Topics Covered
The legal documents a seller needs to prepare for a practice sale
Why it’s crucial to negotiate vendor contracts and talk to your landlord before you list your practice
What a seller can do to expedite the clinical due diligence of a practice sale
What a buyer can do to accelerate the timeline for a practice sale
4 ways to determine the price of your practice and how the list price impacts the closing timeline
Common delays in closing a practice sale associated with banks and landlords
Why it’s the seller’s responsibility to negotiate the lease terms a buyer might need
How much faster you can close a practice sale if it’s staged well
How Practice Orbit accelerates the process of selling your dental practice
Why you need a ballpark valuation of your dental practice and how to get it done for free
2 reasons you might use Practice Orbit to sell your dental practice
มุมมอง: 7
วีดีโอ
How Long Will It Take to Sell My Dental Practice? Part 1-with Matt Odgers
มุมมอง 9หลายเดือนก่อน
Once a dentist makes the decision to sell their practice, they want it done yesterday. So, how long does a practice sale usually take? What can you do to accelerate that timeline? On this episode of the Dental Board Room Podcast, Dental Attorney Matt Odgers joins host Wes Read to walk you through a typical timeline for selling a dental practice. Matt and Wes discuss common delays that prolong t...
When Is the Best Time to Sell My Dental Practice?-with Matt Odgers
มุมมอง 7หลายเดือนก่อน
When is the best time to sell your dental practice? What factors should you consider to get the best price for your practice and have the best quality of life in retirement? On this episode of the Dental Board Room Podcast, recurring guest Matt Odgers joins host Wes Read to explain why you want to start the process of selling your practice when collections are on the upswing. Matt and Wes discu...
R&D Tax Credits For Dentists: Do They Qualify? -featuring Andre Shevchuck
มุมมอง 262 หลายเดือนก่อน
Is a salesperson trying to talk you into claiming an R&D tax credit for your dental office? It can be tempting to trust a pitch like this and leverage research and development to reduce your tax liability. But how do you satisfy IRS criteria for the R&D tax credit? What documentation do you need? And what happens if you get audited? Andre Shevchuck serves as Partner at BPM, one of the country’s...
How Dental Practices Are Valued
มุมมอง 182 หลายเดือนก่อน
How are dental practices valued? Do you need to solicit a formal valuation for your practice? Or can you leverage other resources to get a general idea of its appropriate list price? On this episode of the Dental Practice Sale podcast, host Wes Read explains why the profit and loss statement is the primary document for determining the value of a practice. Wes walks us through the anatomy of a P...
Dental Staffing Problems and Solutions-with David Schwab, Ph.D
มุมมอง 323 หลายเดือนก่อน
For most practice owners, the dentistry is the easy part. What’s hard is managing your team, especially with the current dental staffing shortage. So, what factors contribute to this shortage of staff? What can doctors do to solve this systemic issue? David Schwab, PhD, is a professional speaker, author and dental practice management consultant who helps dentists grow their practices, educate t...
Trends in the DSO & Private Practice Sale Markets-featuring David Cohen
มุมมอง 213 หลายเดือนก่อน
In the aftermath of COVID, there was a massive boom in dental practice transactions. The market finally corrected itself in 2023. And while doctor-to-doctor private sales remained consistent, DSO sales slowed dramatically. So, what caused these market trends? What does the market look like so far in 2024? And how will understanding trends help you make informed decisions as you buy or sell your...
How to Overcome Dental Staffing Challenges-with Dr. Michael Neal
มุมมอง 86 หลายเดือนก่อน
Is good help hard to find when it comes to staffing your dental practice? According to the ADA Health Policy Institute, staffing shortages, recruitment and retention are among dentists’ top concerns moving into 2024. But what if you could easily find A players to fill your open positions? A players who will stick with your team for the long term? Dr. Michael Neal is Founder and CEO of Build My ...
Practice Sales: The Role of the Attorney
มุมมอง 58 หลายเดือนก่อน
Practice Sales: The Role of the Attorney
Inflation, Interest Rates & Investing into 2024-featuring Brandon Hobson & Paul Lipcius
มุมมอง 199 หลายเดือนก่อน
Inflation, Interest Rates & Investing into 2024-featuring Brandon Hobson & Paul Lipcius
Insurance Audits, Board Investigations & Criminal Matters-w/ Attorneys Justin Withrow & Matt Odgers
มุมมอง 539 หลายเดือนก่อน
Insurance Audits, Board Investigations & Criminal Matters-w/ Attorneys Justin Withrow & Matt Odgers
Hygiene Superstar: Quadrupling the Production of Your Hygienist-with Steve Sperry - DBR EP55
มุมมอง 2510 หลายเดือนก่อน
Hygiene Superstar: Quadrupling the Production of Your Hygienist-with Steve Sperry - DBR EP55
5 Dumb Things Smart Dentists Do-with Dr. Richard Madow
มุมมอง 63ปีที่แล้ว
5 Dumb Things Smart Dentists Do-with Dr. Richard Madow
The Evolution of Deal Structures in the DSO Space - with Dean Gould
มุมมอง 104ปีที่แล้ว
The Evolution of Deal Structures in the DSO Space - with Dean Gould
Practice CFO’s Diversified Approach to Investing-with Brandon Hobson
มุมมอง 18ปีที่แล้ว
Practice CFO’s Diversified Approach to Investing-with Brandon Hobson
Practice CFO’s Diversified Approach to Investing-with Brandon Hobson
มุมมอง 12ปีที่แล้ว
Practice CFO’s Diversified Approach to Investing-with Brandon Hobson
PPP2 for Dentists (And other COVID 19 Updates)
มุมมอง 213 ปีที่แล้ว
PPP2 for Dentists (And other COVID 19 Updates)
Welcome to The Associates on Fire Program
มุมมอง 284 ปีที่แล้ว
Welcome to The Associates on Fire Program
First Month - Checking and Credit Card Accounts
มุมมอง 554 ปีที่แล้ว
First Month - Checking and Credit Card Accounts
I'm in the psychology of dental marketing field, psychology of: targeting, ads, pricing, storytelling, loyalty, word of mouth and gamification. How can I be part of your team?
Listen on your favorite podcast app! link.chtbl.com/UJjFXl1v
Hi can you post a video on how to pay tax I would really like it
Listen on your favorite podcast app! link.chtbl.com/UJjFXl1v
Listen on your favorite podcast app! link.chtbl.com/UJjFXl1v
Listen on your favorite podcast app! link.chtbl.com/UJjFXl1v
Inflation, Interest Rates & Investing into 2024-featuring Brandon Hobson & Paul Lipcius: link.chtbl.com/OUk1wM-r
Insurance Audits, Board Investigations and Criminal Matters - with Attorneys Justin Withrow and Matt Odgers. link.chtbl.com/xYGBlWpM
Insurance Audits, Board Investigations and Criminal Matters - with Attorneys Justin Withrow and Matt Odgers. link.chtbl.com/xYGBlWpM
Hygiene Superstar: Quadrupling the Production of Your Hygienist-with Steve Sperry: link.chtbl.com/shaMdNNP
Hygiene Superstar: Quadrupling the Production of Your Hygienist-with Steve Sperry: link.chtbl.com/shaMdNNP
EP53: Imposter Posing as DEA Agent Targets Dentist - with Dr. Ursula Levine link.chtbl.com/UJjFXl1v
EP53: Imposter Posing as DEA Agent Targets Dentist - with Dr. Ursula Levine link.chtbl.com/UJjFXl1v
EP50: 5 Dumb Things Smart Dentists Do-with Dr. Richard Madow link.chtbl.com/UJjFXl1v
EP50: 5 Dumb Things Smart Dentists Do-with Dr. Richard Madow link.chtbl.com/UJjFXl1v
EP48: Practice CFO’s Diversified Approach to Investing-with Brandon Hobson link.chtbl.com/UJjFXl1v
EP48: Practice CFO’s Diversified Approach to Investing-with Brandon Hobson link.chtbl.com/UJjFXl1v
Have someone who knows how to work with audio do your audio mixing. The video starts off extremely loud and then the host is just barely audible when speaking. I wouldn't have put this video out.
Better hope you're business keeps growing or else you're never paying that shareholder loan back.
Hire Me
hello dr garofolo
I love passive income - dividend investing is one of the best forms of passive income with very low barriers to entry.
My plan is to create large enough dividend income to live off. It will take time to build.😎
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