Creating lasting value in your dental practice involves more than just the sale; it’s about strategic partnerships and informed decision-making. Today, Chip sits down with return guest Maxwell Sellers (Principal Development & Buy-side Relations) to discuss the essential steps for dentists to successfully navigate the selling process and choose the right partners while avoiding potential pitfalls.
This episode will equip you with the knowledge to navigate the complex landscape of dental practice sales and maximize your equity. Chip and Maxwell touch on the:
• Importance of creating a virtual data room
• Steps for conducting comprehensive practice reviews
• Significance of introductory calls and partnership alignment
• Understanding indications of interest in the marketplace
• Value of on-site visits in building relationships
• Choosing the right advisors and attorneys
• Necessity of peer-to-peer conversations before partnerships
• Strategies to maximize equity and partnership success
Large Practice Sales is the largest advisor to GPs and specialists of all kinds seeking to monetize all or part of their practice. If you're interested in learning the potential value of your practice in an IDSO partnership, visit our website or you can email us at podcast@largepracticesales.com
- Practice Partnership Podcast Ep 19: The Process LPS Uses to Achieve Maximum Value with the Best Partners for Our Clients (with Maxwell Sellers) - March 5, 2025
- Practice Partnership Podcast Ep 18: Actual Practice Values in 2024 and 2025 Value Forecast - February 26, 2025
- The Biggest Risk to Practice Values in 2025 - February 25, 2025