Because it takes more than instinct and guesswork to know which decisions will support—or tank—your transition plan
The window for getting the most out of the sale of your practice is closing faster than you realize.
After demonstrating how buoyaant and profitable dentistry is during the trial by fire that began in 2020 thanks to the pandemic…
Private Equity firms are eager to stake their claim in this industry. And they’re investing to the tune of billions of dollars.
As a result, hundreds of Corporate and Autonomous DSOs have sprouted in response to the feeding frenzy.
The result is industry-wide consolidation, a natural phenomenon that has taken place in several other industries including railroads, telecommunications, and medicine.
History shows that once an industry crosses the 60-70% consolidation threshold, those businesses that remain independent experience a severe decline in value.
Often, these businesses that got left behind no longer have any value at all, and they cease to exist once the owners can no longer continue working.
These changes to dentistry are happening rapidly… and it’s overwhelming to consider what to do next when you’re busy with your clinical load, managing staff, and overseeing daily business operations.
And you’re so close to finally reaping the rewards you’ve worked so hard for over the years:
A fully funded retirement.
Flexibility to work the hours you want, doing the procedures you most enjoy.
Security for your loved ones in the next generation and beyond.
A legacy of excellence in dentistry passed on through mentorship.
Up until now, you’ve finally felt ready to hang up the handpiece and experience more of what life has to offer you…
But the sudden influx of letters from competing DSOs and the urgent need to make the right decisions about how to sell your practice have added a layer of confusion that makes it hard for you to know if your dreams are still within reach.
And as far as you can tell, you’re left with one of two options:
You can fight the idea that anything is changing, charging ahead with your plans to sell your practice as is, letting the chips fall where they may…
Or…
You take flight—settling for an insulting offender from a slick talking DSO that’ll leave you miserable and short changed.
But the reality is the panic you’re feeling as your dreams of having a little more margin evaporate has led you to freeze.
And that indecision is what might cost you the most.
But it doesn’t have to be that way.