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How to Buy a Dental Practice: A Step-by-step Guide to Finding, Analyzing, and Purchasing the Right Practice For You

by Brian D. Hanks

A practical roadmap to buying a dental practice

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AlbakiReads Editorial

A practical roadmap to buying a dental practice

Brian D. Hanks organizes the practice-buying process into steps, from locating potential practices and assessing their suitability to negotiating terms and completing a purchase. The guide also addresses choosing an accountant and attorney, timing a letter of intent, and obtaining a bank loan. Its checklists are presented as tools for comparing opportunities and preparing for decisions along the way. Because the book was published in 2017 and financing, legal, and transaction requirements can change, readers should verify current details with qualified professionals.

Good fit for readers who enjoy

  • Dentists considering the purchase of an existing practice
  • Dental professionals exploring a partnership
  • Buyers seeking a structured overview of practice evaluation and purchase steps

Themes

Dental practice managementBusiness and financial evaluationNegotiation and acquisition planning

Based on publisher information and book metadata.

Book overview

If you're thinking about buying a dental practice or entering a partnership, you must read this book.

Thousands of dentists go through the process of buying a dental practice every year. Did they choose a good practice? Did they buy at the right price? Did they buy at the right time?

The stakes are high to get the RIGHT answers to those questions. Buy the wrong practice and you're looking at stress, money worries, angry staff and patients, and a frustrated family that doesn't see you as much as they'd like. Buy the right practice, like many do, and you have the foundation upon which to thrive - happy, relaxed, wealthy and positively impacting the lives of patients and living the life of your dreams.

Unfortunately, the process of how to buy a dental practice remains a black box for the majority of buyers. Advice, tips and information are spread across magazines, blogs, online forums and podcasts with no easy way to tell the good advice from the bad. Until now.

How to Buy a Dental Practice walks buyers step-by-step through the process of finding, analyzing, and purchasing a great dental practice. In this book you'll find answers to questions like:
  • How do I find a good practice?
  • How do I choose a good accountant and attorney?
  • How can I tell a good practice from a bad one?
  • When is the right time to sign a letter of intent?
  • What can I negotiate besides price?
  • How do I get a bank loan?
  • What do I do after I find a practice to buy?
After reading this book, you will be armed with the specific knowledge and checklists to find, analyze and purchase the right practice for you.
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