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AzDA's Audio Amalgam podcast is a bi-weekly to monthly update from the Executive Director of the Arizona Dental Association (AzDA) as well as AzDA members, programs, and community leaders.

This exclusive member dentist benefit takes a deeper dive into the current issues, obstacles, and opportunities dentists in Arizona face on a day-to-day basis, including: hot button issues, advocacy and new legislation, BODEX and the Dental Practice Act, licensure, business advice, AzDA member benefits, member dentist guest features, Q&As, and even roundtable discussions.

This is practical, applicable, and insider advice that member dentists practicing in Arizona absolutely need to know.

For questions, or to request future podcast topics, email podcast@azda.org

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  1. All Episodes
  2. Practice Transitions: the “Nuts and Bolts," plain and simple

Practice Transitions: the “Nuts and Bolts," plain and simple

Feb 11, 2019

(45min) 

Audience: Dentists looking to transition into or out of a dental practice.

The business of dental practice transitions is constantly changing. As young dentists are looking for quality dental practices to either purchase or affiliate with as associates, senior dentists are planning to transition into retirement from private practice and are seeking someone to take over their legacy.

If a person is either seeking to buy a practice, sell a practice, become an associate, or form a partnership with a colleague, building a knowledge base of how to construct these “transitions” is what this podcast is about.

  • How does the whole ‘sales’ process work when ‘selling’ a practice?
  • What would you recommend in terms of transition: a partnership or an associate to buy the practice later?
  • Can you go into detail as to why it isn’t a good idea to use a general “rule of thumb” to value a dental practice for transition?
  • What are the mechanics of valuing a dental practice?
  • What is your experience with banks lending money to dentists to buy practices – especially with high student loans, and rising interest rates?