How to Find the Right Dental Practice to Buy

Nov 7, 2019 | Management

Are you ready to buy a dental practice? This is an exciting step, but it can also be filled with questions about how to find the dental practice that is right for you. If you have ever dreamed of starting or expanding your business, there are plenty of opportunities to help you attain your goals. Before you buy a dental practice, it’s important to feel confident about your decision. Here are three things to consider as you search for a practice:

Consider The Practice 

Size Are you looking to buy a small practice? A mid-sized practice? A large one? These are some of the first things to consider when you browse the market. When you narrow down your detailed specifications, it will save you time in the process. It’s important to find a size that you feel comfortable with. Having a plan will help you find the right opportunities without feeling like it’s overwhelming or out of your league. By creating a specific list of your requirements, you will find greater ease in the process.

Ask About The Approach

Every practice is different. Ask what the philosophical approach is at each dental practice you consider, and get to know the current owner. It’s important to keep your own professional values in mind throughout the process. Consider what the current dentist specializes in, how the team functions and the current vision of the practice. This will help you better understand what it would be like to lead that facility. It will also set up for a successful transition in the years to come. When you know more about the daily rhythms of a practice, you will feel more confident coming to a final decision.

Talk With Industry Experts

This is an important milestone in your career. It’s normal to have questions about the process, and the DDSmatch professionals have the answers that you need to make the best decision for your future. DDSmatch performs a trusted valuation analysis to determine an accurate fair market value for each practice. This ensures that the practice you attain is worth exactly what you pay for it. If you have questions, talk with one of our trusted professionals to hear more about your options.

Find a Dental Practice For Sale

If you’re ready to take the next step and look at your options, be sure to browse our current dental practice listings. You can also contact one of our professionals to learn more about what is available for you. We want you to find a practice that aligns with your vision so that you can accomplish your goals!