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Smooth Business Transitions

Transferring ownership of a dental practice is complicated. The owner has both a financial and emotional investment in the business. Whether you’re considering buying or selling a practice, or planning for family succession, you’ll want to ensure a smooth transition in which all parties are satisfied with the outcome.
Buyer Representation

Are you a dentist in search of an existing practice? Perhaps you don’t want to build a new practice from the ground up. Or maybe you’re already in business but want to quickly add capacity, expand into new markets, or grow your customer base. Buying an existing dental practice is a great way to accelerate your success.

PracticeCFO can help you:

  • Find practices that fit your criteria
  • Determine a practice’s value
  • Negotiate the best price and terms
  • Structure a deal that makes sense for you and the seller
Seller Representation

You’ve built a successful dental practice, a prominent business in your community and plenty of loyal patients who’ve been coming to you for years. Now you’re ready to step away, but you’re not sure how to do it. It’s a unique opportunity to solidify your financial future, so you want to get it right.

PracticeCFO can help you:

  • Determine your business’s worth
  • Find and vet qualified buyers
  • Negotiate favorable pricing and terms
  • Construct a deal that works for you and the buyer
Start Up Consulting

Starting a dental practice is complicated, whether you’re fresh out of school or transitioning from employment. The initial decisions you make can affect your success for years. PracticeCFO has helped launch and grow hundreds of dental practices around the U.S. We know what works and how to achieve early profits for your medical practice startup.

You have a lot on the line when you start a practice. Don’t try to figure out everything on your own when we can provide ready answers. Let PracticeCFO help you fast-track your success.

Partnership Consulting

As the dental industry changes, some dentists prefer the benefits of forming a partnership or merging practices. You’re able to share expenses and scale your business to dominate your market. But careful planning and drafting of a partnership agreement are critical steps you don’t want to skip.

PracticeCFO can help you form your partnership so the buy-in and profit allocation is equitable and your partnership can become a thriving enterprise.

Why choose PracticeCFO

When you own a dental practice, you have many demands on your attention. Administrative tasks can consume much of your time. PracticeCFO helps you prioritize personal and business financial planning and make decisions that optimize your financial success.
Achieve financial freedom earlier
Our clients become financially independent 10 years earlier than the average dentist. PracticeCFO can create a roadmap for you to achieving your financial goals. We show you how to accomplish your dreams, care for your family and lead your best life.
Boost and retain profits
We help you understand the financial drivers of profitability and show you proven strategies to minimize overhead while increasing revenue. These are techniques you can implement in your practice today to accelerate practice growth and see fast results.
Pay lower taxes
Our in-depth knowledge of the dental industry combined with accounting expertise enables us to advise you on tax reduction strategies. We’ll make sure you retain as much of your income as is legally allowed.
Get out of debt
Most dentists come into their practice strapped with significant debt. Whether you have student loans, practice loans, or business loans, we can help you determine the fastest method to eliminate your debt and feel that massive weight lifted from your shoulders.
Increase savings
Smart investing can have a huge impact on the lifestyle you lead and when you’ll be able to retire. With advice from our Certified Financial Planner, you’ll maximize savings to accelerate funding your future.
Enjoy work/life balance
In today’s a fast-paced world, creating a work-life balance is a continuous process, especially when you’re operating a thriving dental practice. We help you manage your time and reduce stress to give you a happier, sustainable lifestyle.

Frequently asked questions

Below are some of the questions we get regarding our transition services. If you don’t see your question answered here, please contact us. We’d be happy to speak with you about your individual situation.
I want to arrange for my children to take over my business. Can you help with that?
Conversations around the next generation of leadership can be complicated and emotional. We can help you prepare an exit plan, determine the right legal structure for transferring your business, and facilitate a smooth transition of ownership and control when the timing is right.
When should I think about developing a succession plan?
Yesterday. But the second-best time is today. You don’t want to wait until a health or financial situation has you or your family pressured to make a fast decision. You’ve put a lot of resources into building your business. As a part of our ongoing work for you, PracticeCFO can work with you to identify your objectives and ensure your legacy will be lasting.
I have an opportunity to buy a dental practice. I’m torn between whether I should make the purchase or start my own practice from scratch. Can you advise me?
Yes, we can evaluate your options, run the numbers, and suggest the optimum strategy for moving forward.
What our clients say
Are you ready to get started with PracticeCFO?
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