Corporate groups (DSOs) are growing rapidly and aggressively pursuing practice purchases. They’re offering doctors higher sale prices and pushing them to make quick decisions. That often leads to costly mistakes, as discussed below by practice transitions attorney Blake W. Hassan, CPA, JD.*
Over the past 12 months, Hassan has witnessed a surge in the number of practice sales to corporate buyers. And the number of practice brokers trolling to lure doctors into selling to corporate groups has increased dramatically. In the process, many doctors are reacting too quickly, locking themselves into costly mistakes without understanding the ramifications.
Hassan has handled more than 200 dental sale transactions over the past five years. As the number of corporate deals has ramped up, he’s seen the following mistakes cost doctors hundreds of thousands of dollars in some...
Log in to view this resource
Not Yet a Member?
Join The McGill Advisory with a money-back guarantee
Learn More
Join
Start Your Free 45-Day Trial Membership
Begin increasing your wealth—by saving on taxes, boosting practice profit, conserving what you earn, and ensuring a successful retirement.
Your 45-day free trial entitles you to an 8-page monthly newsletter, plus unlimited online 24/7 access to hundreds of tax reduction, practice management, wealth protection, and retirement planning solutions. No obligation, no credit card.
Free 45-Day Trial Membership
The McGill Advisory content Is provided For informational purposes only And does Not constitute legal, accounting, Or other professional advice.
Copyright © 2024 John K. McGill & Company, Inc.
Transitions | Buying/Selling and Mergers
3 Costly Mistakes To Avoid When Buying A Dental Practice
Read Article
Transitions | Buying/Selling and Mergers
How Will The Changing Marketplace Affect Your Practice?
Read Article
Transitions | Buying/Selling and Mergers
Record Buyer Interest Spurring Traditional Practice Sales
Read Article
Transitions | Buying/Selling and Mergers
Time To Review Your Buy-Sell Agreement
Read Article
Transitions | Buying/Selling and Mergers
How Will the Changing DSO Market Affect You?
Read Article
Transitions | Buying/Selling and Mergers
3 Reasons to Consider Seller Financing for Your Transition
Read Article
Once you have created your account, click below to refresh this page and access this content.