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Today we're going to talk about all the steps that go into buying a dental practice by using a real-life example of a practice that was purchased recently. The buyer is doing very well already, just 6 months in.
🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf
📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8
💌 Email me at: [email protected]
🌍 Website: https://www.practiceown.com
00:00 new owner
01:17 the first practice evaluation
02:20 seller out of network
07:38 calculating buyer's expected revenue
08:51 take your time, do this right
09:43 accountants don't always understand dental transitions
10:35 finding more practices for sale
12:23 the perfect practice
13:34 letter of intent
14:57 how long does it take?
15:16 getting a loan to buy a practice
17:27 hiring a lawyer
18:13 everything else
19:35 is it worth it?
By Practice Ownership AdvisorsToday we're going to talk about all the steps that go into buying a dental practice by using a real-life example of a practice that was purchased recently. The buyer is doing very well already, just 6 months in.
🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf
📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8
💌 Email me at: [email protected]
🌍 Website: https://www.practiceown.com
00:00 new owner
01:17 the first practice evaluation
02:20 seller out of network
07:38 calculating buyer's expected revenue
08:51 take your time, do this right
09:43 accountants don't always understand dental transitions
10:35 finding more practices for sale
12:23 the perfect practice
13:34 letter of intent
14:57 how long does it take?
15:16 getting a loan to buy a practice
17:27 hiring a lawyer
18:13 everything else
19:35 is it worth it?