Category Archives: Transition Resources

NDP Year in Review: 2018

It’s hard to believe it’s already been more than 13 years since NDP was formed in 2005 with the mission to help young dentists find and purchase a practice. As we reflect on how we’ve evolved and what we’ve accomplished, we are proud to have helped 75 clients across the country find success with practice listing, valuation, and buyer and seller consulting services this year. In 2018, we spread the message of ownership to thousands of young dentists across the country and coached hundreds of buyers and sellers as they prepared for a transition.

Coaching and Transition Consulting for the New Buyer
Buying a dental practice is one of the largest financial decisions a dentist will make, and our goal is to provide you the knowledge needed to fully understand the complex process. Just as each practice is unique, so is our consulting engagement with you. Regardless of your situation, NDP will provide a level of customized coaching and consulting services to adequately advise you for success.

Seller Transition and Practice Listing Services
We know it all comes down to the right time and the right person for a transition to be successful. We take the time to listen to our clients’ needs and then create a game plan that works for them. We know if we meet your goals, we’ll create a beneficial situation for both you and your buyer.

Our transition consulting services include everything from practice listings and valuations by a team of professionals and Certified Valuation Analysts through navigating negotiations, legal documents and everything in between. Just as with buyers, we customize our services to provide you as much or as little you need. Whether that’s getting advice, a big picture overview or a comprehensive nuts-to-bolts plan for your transition. 

Resources for Your Success

In 2018, we released a complimentary Seller’s Transition Guide and Buyer’s Checklist to help our customers prepare for a transition. We hope you found value in these resources and also hope you had the opportunity to listen to Transition Talk – our podcast providing guidance and real-life scenarios on the transition process. We value your opinion and love to hear when you have shared these resources with your colleagues!

As we enter into a new year with new goals, stay in touch by following us on Facebook or LinkedIn where we will continue to share educational content on all things dental transition related. And, be sure to let us know if there are topics you’d like to hear about on future episodes of Transition Talk. We look forward to supporting your success in 2019. Thank YOU for a great year!

TT – Ep 7 – The Letter of Intent

In today’s Transition Talk, we talked about one of the first steps in transitioning – the letter of intent! There are many ways to put this document together. It can be an email with bullets, it can be a simple word document, a broker provided template or it can be a legalese letter drafted by an […]

Transition Resources for Sellers

The Seller’s Transition Guide   One of the largest financial assets a dentist owns is their dental practice. For most, it’s also one of their largest emotional assets as well. The “million-dollar” question is what is your practice worth and how do I transition it when I am ready? But other questions we see established […]

Finding the Opportunity

Hey guys! On Episode 2 of Transition Talk we discussed how to find the right ownership opportunity.  Sometimes it’s easy, and where you ultimately want to go geographically there are some great opportunities.  Other times….that isn’t quite the case.  We are big fans of marketing yourself to find YOUR opportunity – if you don’t no one […]

Dental School Debt

Don’t let your student debt load crush your ownership dreams According to the American Dental Education Association the average dental school debt per graduating senior is $287,331. That’s a 72% increase over the last decade and it doesn’t even take into account the cost of a residency. At NDP we often see debts of $400,000 […]

Communication Reminders

In our world, much like in yours, people are our greatest asset. Our organization recently had a speaker at a staff development meeting; his name was Mr. Michael Allosso and his message was how to be “You on Your Best Day”. It was a fascinating topic, and honestly, many of us left with a bit […]

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