Month: January 2018

Western MD General Dental Practice Seeking Partner

Western Maryland Area General Dental Practice Now Seeking Partner with Buy-In Opportunity

  • Unique Opportunity for a Highly Skilled and Motivated General Dentist to Buy-In and Practice autonomously in a High Tech practice currently collecting $700k+. Great income with Immediate Ownership. 3800+ Active Patients. The ideal candidate must be proficient in all aspects of general dentistry and demonstrate a passion for dentistry and patient care with the willingness to learn and grow. 100% financing available! Contact Allen Schiff w/ SCHIFF DENTAL BROKERAGE, LLC for more info about Dental Practices for Sale – 410-321-7707 aschiff@schiffcpa.com

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  • For information, e-mail Allen Schiff, Dental Broker, aschiff@schiffcpa.com or Curt Cooney, Dental Broker, ccooney@schiffcpa.com

General Dental Associate / Successor Wanted Hanover PA

The story of Dr Werleman & Associates is based on the legacy of hospitality and providing excellence in state of the art dental care. You will find that our friendly team culture is refreshingly welcoming. We take great pride in our creativity, like to have fun and treat our team members and patients like family. Our positive team environment cultivates a supportive learning experience where everyone can thrive. Each individual’s input is always valued and validated. Our office is nestled in the South Central Pennsylvania area where great families are raised, unforgettable memories are built, and comfortable lifestyles afford dreams to be realized. Our location also lends itself to easy access to nearby major metropolitan areas in the Mid Atlantic. If you are a highly motivated dentist who is looking for an exceptional opportunity and compensation and would like to be part of our group practice with potential for an equity position, we encourage you to send your resume and three business references to ASchiff@Schiffcpa.com

We look forward to discussing your career goals.

Interested in this Opportunity? Click Here to Upload Your CV / Resume Now

Informed Decision Making During Acquisitions

Deciding to purchase an existing practice can be an exciting prospect and open doors for new opportunities. Regardless of whether you are an established practice or a new dentist, the acquisition process can be lengthy and complex. It is important that you weigh all the pros and cons of this potential investment. Remaining well informed during the process is your best defense against making a poor choice that could end up costing you more money. We have included some considerations to keep in mind when looking to purchase a practice. For more guidance in practice acquisition, finances, or management, contact Schiff and Associates.

Acquisition is Just the Beginning
Changes are going to be necessary. Even a new, modern, and technologically advanced practice will require some renovations or changes to make it match your branding and practice culture. This especially holds true for older practices or ones that do not meet your standards. It is important to consider the costs involved in renovating, modernizing, and updating your new practice. A great deal on a building may be dampened if you end up paying twice as much to get it patient-ready.

Assess the Assets
It is always best to have a professional appraisal of the practice you are acquiring before you commit to purchase it. The appraisal might include everything from the physical construction quality of the building to the usability of existing furniture and even the functionality of existing equipment. It’s important to understand exactly what is included in your potential purchase and to make sure it’s worth the investment.

Reputation Matters
Don’t rush to buy any practice without considering the reputation and standing it has in the community. Poor patient retention rates, negative online reviews, and a bad reputation in the community are important hurdles that you will need to overcome. While it’s not impossible to create a new reputation for your new practice, it will require greater effort on your part to establish separation from the previous ownership. This may result in additional marketing and branding expenses.

These tips are designed to help you think more comprehensively about purchasing a new practice. If you need advice on a potential acquisition or are simply looking for additional guidance in running your practice well, the Schiff and Associates team is here to help.

Contact us for a consultation today.