Transition Services

For Dentists

We can help you navigate business transitions, from starting up a new practice to selling an existing one and everything in between. We act as the broker between parties, finding buyers and sellers, plus initiating funding with the lenders.

Dental Practice Acquisitions

Purchasing a dental practice is a big decision to make. If you’re not careful, unnecessary mistakes can hurt your future success. To avoid these mistakes, we will help you learn from the errors of past dental practice purchasers and maximize your chances of making a lucrative purchase. Whether you are looking to acquire one dental practice or multiple locations, we have the expertise to ensure you make the right decisions at the right time!

REASONS TO BUY A DENTAL PRACTICE:
  • You are your own boss: Owning your own practice allows the freedom to do more of what you love, less of what you don’t.
  • Existing patients: Buying a dental practice means you’re likely to take over some of the current owner’s patients. This means you’ll have patients from day one, which helps with initial cash flow.
  • Employee acquisition: Finding the right employees with the skill set you need can often be a lengthy process. Buying part-ownership or complete ownership of an existing practice means you already have a team of people that know what they are doing.
  • Wealth Expansion: If you are purchasing additional practices, you will further increase your assets and overall wealth accumulation. We’ll guide you through this expansion with our expert financial planning.
  • Wealth Expansion: If you are purchasing additional practices, you will further increase your assets and overall wealth accumulation. We’ll guide you through this expansion with our expert financial planning.
  • Additional Tax deductions: Enough said!

Selling A Dental Practice

So, you’ve been thinking about selling your dental practice, but you’re not sure where to begin. We understand that it’s not an easy decision. From getting a comprehensive practice valuation to understanding tax ramifications, there are various factors to know before you can maximize your chances of financial gain.

Reasons To Sell Your Dental Practice:

  • Minimize management: Being a dental practice owner can undoubtedly be a stressful task. You don’t have to wait for retirement to scale back from the day-to-day management of your practice. We have seen many dentists who sell their practice and stay on to work a 9-5.
  • Share the responsibilities: Is your dental practice flourishing, and there are just too many tasks in a day? Don’t stress! If you’re overwhelmed with all the parts that make your business run, it might be time to seek a little help. Merging with a partner that supports your vision could be a great way to alleviate some of the stress. You can also seek a “buy-in” from an investor who can take on some administrative responsibilities.
  • Retirement: You’ve had a long successful career & now you are looking enjoy the next stage of life. When retiring, seek out a buyer that shares your vision for the practice’s future. This ensures a smooth transition for both your employees and your patients.

For more than 30 years, we have helped dentists successfully Buy and Sell their practices, and we are here to do the same for you. If you’re looking for a Dental CPA in Dallas-Fort Worth to assist you with buying or selling a dental practice, then Edwards & Associates, PC is the right firm for you. Contact us today!

We Are Your Financial Experts.

972-267-9191 or Schedule a Consultation

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Have Questions?

Contact us at info@eandassociates.com or call us at (972) 267 9191 to schedule a consultation!