NDP Creates Win-Win Practice Transitions: A Case Study

The Goal Successfully transitioning a dental practice is involves a lot more than just numbers. When all is said and done, and you’ve bought or sold a practice, you’ve spent months, if not a few years, researching practice valuations, real estate, office equipment, salaries, legal requirements, etc. For many, the idea of beginning this process […]

The “3-Day-a-Week” Owner

This article was originally published in “The Profitable Dentist”, Winter 2017 edition During our travels all over the country, and conversations with students, we have noticed one common theme when it comes to post-graduation goals. The dream of maintaining a healthy work life balance by working a three-day-work week. Sounds nice of course, but how […]

Transition Resources

The Buyer’s Checklist: A Guide to a Successful Dental Practice Transition   Whether you just graduated from dental school or you’ve been practicing for 10 years, the idea of buying a dental practice can be a bit overwhelming. Where should you practice? What is a practice worth? How updated should the practice be? How long […]

Women in Dentistry: The flexibility and reward of ownership

The following article was published in the Fall 2017 issue of “Dental Entrepreneur” magazine – Enjoy!   The choice to own your own dental practice is, of course, applicable to both men and women; however, even today it is hard to deny the extra sociological pressure that a woman carries in the workforce. Much of […]

Let Us Help You with Buyer’s Consulting! If all of the aspects of owning your own dental practice overwhelm you, let an experienced team who knows the dental industry and understands dental practice transitions guide you through one of the largest financial decisions you will ever make. NDP offers a complimentary overview of your opportunity and can work in your corner as [...]

To Buy or Not to Buy….that is the Question!

Buying a dental practice is one of the largest financial decisions you will make. Here at NDP, we want to make sure your buying experience is done right and you feel secure and knowledgeable about the entire process. We can help you find a practice that fits your needs!

The Value of a Valuation

For some, a valuation is a mystic novel of unnecessary words, numbers and calculations only to be understood or decoded by those who are financially trained.  If you have had the opportunity to review more than one valuation you know that they run the gamut – some are very descriptive,  some have extensive charts and graphs and most have varying degrees of detail about the practice being valued.  If you find yourself in the situation to buy or sell a practice, what you will also find is that this “cryptic” and sometimes confusing document can also bear significant weight in the practice transition process.  It is used by banks and advisors on both sides of the transaction and in most cases, greatly influences the asking price of the practice.

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