ADS Dental Transitions
An alliance of independent dental practice brokers and management consultants.
Whether you’re buying your first dental practice, planning for retirement, or making a lateral shift in the middle of your career, we can help.
Deciding to buy a dental practice involves many factors, like location 📍, recent collections 📈, and available equipment 🦷. Visit our website to find dental practices that match your criteria.
If you're considering buying a dental practice, our independent ADS brokers can help you find the right seller and a well-established practice for a smooth transition. 🤝✨🔍
https://ow.ly/UwzP50S2Uny
06/12/2024
Bad advice leads to bad results. That's why it's crucial to question everything during your dental practice transition. Don't take everything you read online at face value. Seek advice from experienced dental attorneys, accountants, brokers, and consultants. ❓💬
If something seems confusing or counterintuitive, ask us for clarification. We're here to support you and help you avoid pitfalls. Learn more about a recent situation we observed here: 📖 👀
https://ow.ly/jb2j50S2T4o
06/10/2024
Gain invaluable insights and strategies for a successful transition out of dental practice ownership!
Watch this on-demand webinar with Ted Schumann, II, MBA, MSF, CFP® and Christine Mason, MS, DDS, as they explore:
✅ How to Optimize Your Portfolio Post-Sale
💰 Alternative Income Sources
😌 Emotional Wellness
👀 Recognizing Signs of Burnout and Stress
https://ow.ly/TQ6J50S2SuG
Are Ready to Sell Your Dental Practice? Gain invaluable insights and practical strategies for a successful transition out of practice ownership. We will discuss:· Strategies to optimize your ...
Ensure a seamless transition for your dental practice with ADS! 🦷✨ Our experienced brokers, including Guy Jaffe from ADS Midwest, are dedicated to finding the perfect match for you. We pride ourselves on providing prompt, courteous, and diligent service every step of the way.
Contact us today for expert assistance in making your dental practice transition smooth and stress-free.
https://ow.ly/uuHQ50S2Sp9
06/04/2024
Preparing to buy a practice should begin months before making an offer on a practice. The more narrow your search, the longer it will take to find a practice. Consider making two lists:
Deal Breakers ❌
Ideal Criteria ✅
Keep an open mind about ideal criteria like location and equipment and pay closer attention to deal breakers like your personal alignment with the seller’s practice philosophy and procedures.
https://ow.ly/RFHo50S2Rrk
ADS Dental Transitions brokers are gearing up for a busy month packed with events in June. Will you be attending any of these events?
If so, we invite you to visit our broker's booths and say hello. We look forward to seeing you there! 📅🤝If you're considering buying or selling a dental practice, our dental brokers are here to guide you through the process.
Read how restrictive covenants ensure a fair and level playing field when purchasing a dental practice with our FREE whitepaper. Download now: https://ow.ly/mmGY50S21AC
Our latest whitepaper, “Safeguarding Your Investment,” will give you a better understanding of:
• Benefits of restrictive covenants for acquiring dentists.
• Different types of restrictive covenants
• Enforceability and validity across different states.
• Proactive steps to minimize risk.
Today, we honor and remember the heroes who laid down their lives for our country. They have our deepest gratitude for the freedoms they fought to defend. ❤️🤍💙
05/24/2024
In order to get the most out of your dental practice sale, it’s important to plan in advance so that you sell when your collections are at their peak. Failure to plan ahead will prevent you from capitalizing on the maximum value. 💰✨
We recommend planning your dental transition three to five years in advance, as you can't sell the 'potential' that your practice may have. Buyers purchase actual cash flow, and banks finance based on current performance.
Read more about avoiding this potential pitfall: https://ow.ly/xmXv50RtXx5
05/22/2024
Today is your last chance to register for our webinar, “Are You Ready to Sell Your Dental Practice?” The FREE webinar is designed to provide sellers with invaluable insights and practical strategies for a successful transition out of practice ownership. Topics include:
✨ Strategies to optimize your portfolio post-sale
✨ Exploring alternative income sources
✨ Emotional wellness
✨ Recognizing signs of burnout and stress
Don’t miss out! Register Today: https://ow.ly/xqzK50RtXjz
Dental success story! Lisa White with Radman, White, & Associates helped an endodontist purchase a dental practice from a retiring owner with declining collections due to slowing down. This scenario presented a strong opportunity for the buyer.
They purchased the practice and doubled collections in five years–-from purchasing the practice for $880,000 in 2016, to seeing $1,700,000 in collections by 2021!
Learn more about the benefits of owning your own practice.
https://ow.ly/YLVw50RtWSl
If you’re considering retirement, we recommend starting the process 3-5 years in advance. Working with an ADS Dental Transitions broker will allow you to get an appraisal, and cleaning up your tax returns ahead of your retirement can help maximize your practice’s selling potential. 💰💲
For more advice, watch expert dental broker Matthew Scherer, with PMA Practice Transitions, share valuable tips for a smooth transition or visit our website for more retirement resources.
https://ow.ly/W4qO50RtWAR
If you've recently finished dental school and are curious about your purchasing options, listen as Fred Heppner from Arizona Transitions dives into how students graduating from dental school with debt are still able to borrow money from lenders in order to purchase a practice.
You could be on your way to owning a dental practice sooner than you think! To learn more about the steps involved in buying a practice, visit: https://ow.ly/Sc6650RtVbl
05/13/2024
There is still time to register for our webinar, “Are You Ready to Sell Your Dental Practice?” ⏰ The webinar will feature Ted Schumann II, MBA, MSF, CFP, AIF and Christine Mason, MS, DDS with DBS Dental Sales. Register Today: https://ow.ly/axRb50RtUpg
We will cover these important topics:
✅ Strategies to optimize your portfolio post-sale
✅ Exploring alternative income sources
✅ Emotional wellness
✅ Recognizing signs of burnout and stress
05/09/2024
Confidentiality is critical when selling a dental practice. Telling your staff, friends and patients that you will be retiring in two years could have a detrimental impact on your practice.
Patients may start looking for a new dentist. 🦷
Staff may start searching for a new position. 🏢
To help avoid the potential for these negative outcomes, ensure your CPA, your wife and your children understand the importance of non-disclosure.
https://ow.ly/lFWJ50RtUzz
ADS Dental Transitions brokers are preparing for a busy, event-packed May. Are you attending any of these events?
If you are, we’d love for you to stop by our broker’s booths and say hello. If you’re interested in buying or selling a dental practice, we have the experience to help you through that process.
05/03/2024
ADS brokers are here to help you through your dental practice transition. With reliable brokers like Fred Heppner with Arizona Transitions, you’ll have years of experience on your side throughout the entirety of the transition process!
Reach out today for guidance on your sale or purchase!
https://ow.ly/pEz650RtGje
05/01/2024
Save the Date! 🗓️
Join industry thought-leaders, Ted Schumann II, MBA, MSF, CFP, AIF and Christine Mason, MS, DDS, with DBS Dental Sales for a webinar about selling your dental practice. Make sure to attend, “Are You Ready to Sell Your Dental Practice” on Thursday, May 23.
In this FREE webinar, we'll explore:
✅ Strategies to optimize your portfolio post-sale
✅ Exploring alternative income sources
✅ Emotional wellness
✅ Recognizing signs of burnout and stress
Register Today: https://ow.ly/cvKm50RtEfu
Due diligence when purchasing a dental practice includes many steps, but one of the most important is the review of the practice financials, including the accounts receivable. Preston Lovelace, of ADS Lovelace and Associates, shares insights on how to better review this area in his latest article.
Read now: https://www.adstransitions.com/resources/articles/steps-during-the-dental-practice-due-diligence-process/?utm_source=facebook&utm_medium=social&utm_campaign=april-social
Pay close attention to these areas when deciding to purchase your first dental practice!
🚩Compensation Structures: Be wary of inflated wages, especially for family members, and ensure that staff costs align with industry standards of 20-28% of gross income.
🚩Rent/Occupancy: Costs should ideally hover around 5% of gross income.
🚩 Optional Insurances: Those that don't directly benefit the practice's operations should be reconsidered.
🚩 Insurance Contract Fine Print: HMOs and PPOs can have long-term impacts on practice operations.
Learn more areas to pay special attention to during a dental transition: https://ow.ly/h7je50RljhX
ADS Dental Transitions is committed to bringing buyers and sellers together. 🤝✨
Our nationwide association of independent dental brokers must meet stringent guidelines to become members. Together, we specialize in guiding dentists through the complexities of managing the dental practice transition process.
Learn more about us today: https://www.adstransitions.com/about/contact-us/?utm_source=facebook&utm_medium=social&utm_campaign=april-social
Will patients stay after you buy a dental practice? Every practice has to recruit new patients to maintain the same level of production, but most patients will remain with a practice through a dental transition if the same level of patient care is upheld. 🦷⭐
Preston Lovelace, JD, MS, with Lovelace and Associates shares valuable insights and expert tips on efficiently transferring patients between dentists during the transition process.
For tips for announcing a dental practice transition to your patients, visit our website: https://ow.ly/V1Jj50RgaRw
04/12/2024
ADS is here to help you successfully buy or sell your dental practice.🦷🤝 With experienced brokers like Dr. Tim Giroux, you are guided through the transition and informed each step of the way while all the small details are handled for you.
Reach out to our knowledgeable team to see how we can help you during your dental practice transition: https://ow.ly/Kgm850RfovR
Get on our list!
The ADS Dental Transitions newsletter is your resource for trending topics, insights, tips, and essential information regarding dental practice sales and purchases. 🗞️📰
Sign up today to stay in the know!
https://www.adstransitions.com/resources/newsletter-archive/?utm_source=facebook&utm_medium=social&utm_campaign=apr-social
Which type of dental transition makes the most sense for you? The size and overhead of your practice may determine your dental practice transition plan.
The simplest practice transition is a ‘Turn Key Sale’ where the seller walks out as the buyer takes over. 🔑✨Larger practices can choose to hire an associate now and sell later, sell now and become an employee, or divide the practice and sell a portion, creating a partnership or solo group practice.
Contact us today for help evaluating the possibilities to decide which type of transition works best to meet your desired goals.
https://www.adstransitions.com/selling/
Working with an attorney for your dental practice sale puts someone in your corner that has experience navigating the Terms of the Acquisition, Tax Ramifications, Restrictive Covenant, Employee Agreements, and more.
Watch ADS Dental Transitions broker Ryan Brengman with Shea Practice Transitions discuss the importance of having an attorney involved when selling a dental practice.
https://www.adstransitions.com/contact-us/?utm_source=facebook&utm_medium=social&utm_campaign=apr-social
We have hundreds of dental practices for sale. You can find the right opportunity that will fit your goals by visiting our website and searching by state, region, type of practice, or browsing by dental broker. View our options today!
https://www.adstransitions.com/practices-for-sale/?utm_source=facebook&utm_medium=social&utm_campaign=april-social
Our experienced dental brokers are gearing up for an exciting month in April! If you're planning to attend any of these events, we'd love for you to swing by their booths to say hello. We're looking forward to connecting with you there.
If you're considering buying or selling a dental practice, learn more about how our dental brokers can help today: https://www.adstransitions.com/what-is-a-dental-broker/?utm_source=facebook&utm_medium=social&utm_campaign=mar-social
03/27/2024
Today is your last chance to register for our “Own Your Own Future” webinar. The FREE webinar is designed to help aspiring dental practice owners get started, and it will feature topics including:
✨ Overview of the Process: Get insight into how to get from this webinar to becoming an owner-operator of your own practice.
✨ Benefits of Owning a Practice: Learn how owning a practice can increase your job satisfaction as a dentist and increase your earning potential.
✨How to Get Started: Get tips on when to start looking, how to locate practices for sale, and what you should consider when starting out.
✨ Financing Tips: Thinking about purchasing a practice can be daunting, especially with school debt. Find out why this shouldn’t stop you from pursuing ownership.
Don’t miss out! Register Today: https://us06web.zoom.us/webinar/register/7117095950334/WN_2Bn62A2uSFeKzSg9jdxMhA?utm_source=facebook&utm_medium=social&utm_campaign=mar-social
Click here to claim your Sponsored Listing.
What is ADS Dental Practice Transitions?
ADS Dental Practice Transitions is an alliance of independent dental practice brokers and management consultants. Formed in 1995, ADS has emerged as the premier source for finding trusted and experienced dental practice brokers & consultants.
Our association consists of 23 voting members. Most of our members have over 25 years of experience and the group as a whole has over 300 years of experience. Members are selected for their integrity, high standards, expertise and knowledge. Brokers and consultants seeking membership in ADS undergo a rigorous interview and criteria review process. Standards for membership include having a minimum of 5 years of experience in dental practice brokerage, having a qualifying number of dental practice transitions completed, as well as having professional and personal references for providing outstanding service and maintaining a good reputation.
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