During the normal course of my business, when gathering the data to prepare a professional appraisal of a dental practice, I frequently review the client’s equipment leases. In most instances,…
Resources
-
-
Selling a Practice – Part II
Most dentists will sell a dental practice once or twice in their career. This short column contains more issues to consider, in addition to last month’s suggestions, and they are…
-
Selling Your Practice: The Fundamentals – Part I
I began selling dental practices in 1984, the year I obtained my real estate license. I performed my first appraisal in 1979, at the age of 16, as that service…
-
Letter to Editor, Ontario Dentist, May 2002
The following are letters to the editor of Ontario Dentist, published May 2002. — “As a recently retired dentist who went through a short transition period, I wish to express…
-
Are There Too Many Dentists In Your Area?
The answer to this question, when we ask our Greater Toronto Area clients is “Absolutely!” When the same question is posed to our clients in areas outside of the GTA,…
-
Observation of the Market – Part 2
We are always amazed at the number of truly unique situations that arise during the sale of dental practices. We are involved in such transactions across Canada, and the regional…
-
What are the Ideal Hours of Operation?
In the normal course of selling a practice, one of the most frequent questions we receive is “What hours and days is the practice open?” The hours of operation have…
-
Is There an Adequate Supply of New Dentists in Canada?
We believe that Canadian dental schools may not be graduating enough dentists to meet future needs based on current enrolment levels (Table 1). There are 3 significant developments that may…
-
What Happens to the Staff When a Dental Practice is Sold?
Dental practices are bought and sold often in today’s marketplace. You need to know the status of your employment when a dentist sells his or her practice. What notice must…
-
Protecting your Premise Lease
A premise lease is a valuable component of practice goodwill and can have substantial bearing upon the appraised value of a practice, particularly if you occupy a desirable location. Conversely, an…