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Hire the Best Professional Help

May 30, 2022 2:18:18 PM / by Everything DSO

There are places you can safely "pay less" and still have expectations of acceptable quality. Gasoline is a good example. If a gas station on one side of the street is 5 cents cheaper for a gallon of regular, you can usually assume that any quality difference between the 2 stations is minimal. Unfortunately, the same cannot always be said about professional help. Oncologists cost more than primary care physicians and if you have cancer, the extra knowledge is worth the additional investment. The same "rule" applies to lawyers, accountants, financial planners, and many other "professional" service providers.

This is why we only work with dental practice owners looking to sell their practices. By specializing in dental practices, we provide you with a level of in-depth, specialized knowledge that general business brokers cannot match. But you might be wondering; do I need someone who specializes in selling dental practices?

Here are 3 things to consider:

First, you want someone who understands how to drive practice value and negotiate the highest price while keeping your (the seller) interests first and foremost. We step into your shoes as the practice owner so that we fully understand what you are wanting to achieve with the sale. We are experts at identifying and highlighting the strengths of dental practices and one of the benefits of working with us is that we identify processes in your practice that require improvement before going to market. 

Next, we are fully transparent about the services we provide that are included in our fees. We do this because you need to look beyond the numbers and evaluate the actual work entailed. When you hire us, we provide an estimate of valuation, recast your financials, provide a professional write-up about the practice, market it across a variety of channels and media, negotiate the deal structure and help you manage the buyer's due diligence process. 

Finally, there are our qualifications and reputation.

Of course, you could ignore all this and opt to save money on a traditional business broker or even attempt to sell the practice on your own. Many have done it and been successful. But many more have thought they negotiated a great deal only to learn later that they had left hundreds of thousands of dollars on the table. This is not only heartbreaking; it often means that you had to settle for a lesser lifestyle level tan you had envisaged for yourself.

However, when you hire an expert at evaluating and selling dental practices, you can be assured that you are far more likely to receive a compensation package worthy of all the value you have built up in your practice over the years.

That's why if you are thinking about selling, your best course of action is to give us a call at 703.298.1690 or click here NOW. There’s no cost or obligation to find out if we can be a good fit!

Tags: Specialization

Everything DSO

Written by Everything DSO

 Stan Kinder

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