Hosted by the AACD, listen in on this special episode where Charles and Christy discuss the impact of Covid-19 on dental transitions and valuation. An environment that will inevitably continue to evolve, listen in as they discuss how those in transition and those considering transition can navigate these challenging times. Prefer to watch the recorded webinar? Watch here: https://youtu.be/Bk2tl8bO31Y

If you are entering a partnership, the partnership agreement (or "operating" or "company" agreement) is crucial to what happens in the event of death, disability, disagreement or departure. We call them the 4 D's. In this episode of Transition Talk we discuss some of the bad provisions we have seen in a partnership agreement and discuss why it doesn't matter if you are a buyer or seller in a partnership transition -- the terms of your agreement should protect and benefit you both because you each may find yourself in need of the protection! Listen in and tune in over the next weeks as we dive into partnership agreements and all their intricacies!

Covid-19 has sent shock waves through our personal lives, healthcare system, global economy and pretty much everyone has been impacted in some shape, fashion or form. In this special episode of Transition Talk we are discussing the potential impact of Covid-19 on your transition -- whether you are in the midst of transition (as a buyer of seller) and how the shutdown might impact your practice value or price. Do you close now, later? How will banks look at your practice/opportunity? Clearly as we publish this episode there are still many unknowns but we are confident in private dentistry and will continue to update you as this develops!

Asset sale or stock sale? What are the pros and cons if you are the buyer or the seller....why does this matter? In this episode of Transition Talk we cover the differences in these two structures and help you understand the impact of each in your transition.

It's the long awaited (and asked for) specialty transition episode all about the periodontal practice! Its a unique market being driven by the buyers but continues to be an opportunity for sellers who transition it correctly, Tune in to get our insight on this specialty!

In Round 2 of the Transition QA from our time at ASDA NLC, we cover another round of great questions.....on today's episode we cover the following questions:

1) If you are buying a good practice.....but the staff isn't ideal, what do you do?

2) How can you make a practice more "you"?

3) How do I bring up seller financing if I am buying 100% directly out of school and am only approved for a smaller amount?

4) I'm looking at an older, outdated office...what do you think it takes to upgrade/update?

5) What if the "old man" you are buying the practice from is staying on to be an associate but has a hard time in being "just the associate"?

6) What are the pros and cons of doing an AGD/GPR from a transition standpoint?

7) What makes a "good" practice? What are the best things to look for?

8) How to manage worry of getting a fair contract and price.....

9) What are some "red flags" when looking into ownership?

10) How do you own and have financial autonomy while still having a family?

11) Why would you consider working for a DSO?

In this episode of Transition Talk, we catch up with Dr. Bryan Dawley, a general dentist near Boston. Bryan is a new owner and worked with NDP through the buying process. He shares his opinion of the biggest challenges and biggest opportunities new buyers might face and shares his insight on being a new owner. Listen in!

Is this a good deal? Its a loaded question but in every deal you have to understand this question -- first from a high level perspective and then you have to take the deep dive. In this episode, we focus on that first step -- what do you need to know early on to know if the deal makes sense and is worth pursuing. From financials, to the price, to understanding if you can do the work and importantly can you afford it. Listen in and find out what to focus on in the beginning!

The path to your goal is never a straight line -- that was certainly the case here at NDP. In this episode we take a bit of a tour down memory lane and talk about how NDP became the company we are today. It wasn't all roses, but has always been based in our core goal of educating and helping people transition. Turns out ownership and the benefits of it aren't just applicable in dentistry - listen in!

Over the course of a transition there will be lots of people involved - ultimately they should all serve one purpose...to help you get to the close you want. It's unlikely that any one person can serve every function so in this Transition Talk we breakdown who should be involved, when they should be involved and what direction you as the client should provide those you hire! Listen in!