Archives for January 2015

By Bob Rojas, CPA Selling a dental practice requires negociation and agreement on many issues.  This article will cover the transition period.  This is the period between settlement and when the seller exitits the practice.  One major variable is how long the seller would like to continue practicing, and when the seller would like to retire.  There is an entire spectrum of possibilities to include retiring as soon as the practice is sold to working full time for a period and phasing out gradually.  Keep in mind if the seller wants to keep practicing there needs to be enough patients to keep two doctors busy.   Practices with two or more offices make scheduling easier two doctors easier. If the seller stays it is important to list hours, days, benefits and compensation in the agreement.  Generally the seller is paid a percentage of collections as would an associate.  If the seller stays a period shorter than six weeks, generally there is no compensation and it is just considered a … [Read more...] about Selling Your Dental Practice: Part I The Transition Period