ocess. It can take time to locate the right client for your practice particularly if you’ve been practicing for a while. The process of transitioning your dental practice may take a lot of work to ensure that the new practitioner will be a good fit to the current practice’s clients and also the broker working on the change.
After the first stage that involves meeting the practitioner who is transitioning after which the practice has moved out of the clinic and deciding it’s time to get out for whatever reason can begin, with advertising the practice to a new owner. In certain cases, the owner may be as closely as the dentist’s personal family. It could also be someone from a completely different area of the country that has made the decision to relocate into a new area.
When a buyer has been identified then they may meet the seller and if there’s an issue with an appraisal or the process then the agents are called in. A decision to accept the proposition was made. The buyer agrees to the proposal and the funds are transferred from there.
Contact your agent to begin the process of transitioning to a new dental practice today!