“I want to buy a practice. Where should I start looking?”
I get this question a LOT. In fact, it’s usually the next question right after “How do I find a practice to buy?” Here’s my approach.
“I want to buy a practice. Where should I start looking?”
I get this question a LOT. In fact, it’s usually the next question right after “How do I find a practice to buy?” Here’s my approach.
Give me just a few minutes and a few paragraphs and I’m going to change your mind about networking. Really!
Here’s the thing: Networking is good for you, but it’s also good for the dentists you’re networking with.
After nearly a decade helping over 500 dentists buy practices, I’ve learned a thing or two. Here are my top 3 pieces of advice to make your search for a practice, the purchase itself, and your entire career go much more smoothly.
2023 is the best year for you to buy a dental practice. Well, let me back up and say, it COULD be the best year for it. Depending on you.
Now is probably the best time to buy a practice for most of you! Most dentists wait too long and after they own, wish they’d done it sooner. The three most common concerns tend to be 1) “I don’t have the money,” 2) “It’s not the right time in my career,” and 3) “The market is too high / too low.”
Let’s look at each of these.