Sell, Merge, or Transition Your Dental Practice
Independent dentists usually have one of two mindsets when considering an exit strategy for their dental practice; one is planned and will reap great rewards, and the other is not planned and will typically reap nothing. It’s the dentist’s choice. Dentists that plan properly and choose to have an exit strategy in place will find great peace and financial gain when it comes to leaving the chair. Their choices allow for merging with a dentist or several dentists or waiting to sell the practice in its entirety. Either one works and it allows for a peaceful and smooth transition. The other mindset of not planning brings stress and potentially no financial reward. Allowing Jaquay Enterprise to consult with you and assist in your exit strategy will establish a firm foundation of what to do, when to do it, and how to do it when certain mile stones are reached.
Most dentists are great at what they do. Jaquay Enterprise is great at what they do; transitioning dentists through selling, buying or merging dental practices, and it’s what they have done for over 17 years.
Having an exit strategy before you begin your dental practice is extremely important. Typically, not planning an exit strategy for your dental practice often leaves your practice with little if any resale value once you decide to leave. Consequently, most dentists in this situation, choose to phase out their practice by gradually reducing the number of days they see patients until there truly is nothing remaining to merge or sell. Do not be this dentist! Call Jaquay Enterprise today!
Finding the right professional dental transition firm that specializes in dental mergers, selling, buying, providing an appraisal, and negotiating the best terms and conditions is the best start a dentist can do for themselves. Attorneys and accountants know how to crunch the numbers and create documents, but they do not necessarily understand how to operate a dental practice – especially during a merger, appraisal, transition or sales phase. You can trust Jaquay Enterprise to do just that: be your professional advocate when it comes to dental practice transitioning.
Receive Market Value for Your Practice
If you plan properly, virtually every dental practice has a value and can be sold to another dental party.
Jaquay Enterprise can assist any dentist to receive market value for their respected practice by completing a functional transition, appraisal, merger or sale of a dental practice. We can determine the market value for your dental practice. During this evaluation process, we typically identify various improvements that could be made to the your dental practice which would make it more efficient and even more valuable. Consequently, we have been in several potential mergers or selling of the dental practice in which we essentially “fixed” the practice to a point that the dentist decided to remain content and not merge or sell at that particular time.
Dental practice appraisals, mergers, transitions and sales are not just for retiring dentists. It may be that you desire to continue to practice but in another part of the country, overseas, or even take a sabbatical to do mission work. The dental practice transition, appraisals, mergers and sales process is much the same, whatever the reason. Let us discuss with you all the options for engaging to represent you in this dental practice transition. Typically, the process always begins with a practice (e)valuation or market value appraisal. We, along with you, want to know what the dental practice is worth and what can be easily tweaked to make it even better during the dental practice merger, appraisal, sale or transition. Much like a realtor would tell you to declutter your house or to paint a room, we can encourage you to what needs to be done in your dental practice to assist and attract the best potential buyer.
Now that the dental practice is ready to transition either through a merger, sale, or buying, and we know its market value, we can determine how you want to work with Jaquay Enterprise. Let our 17 plus years work for you and provide for your dental transition needs.
We're here to help you and your practice succeed! Send us your questions or request a free consultation using the form below.
701 NE 20th Terrace
Newcastle, OK 73065
WHAT CLIENTS ARE SAYING
"Jaquay Enterprise was a priceless practice transition and consultation resource during the recent sale of my dental practice and office building. Without a doubt, if I had known about her and employed her from the beginning, my entire experience in selling my practice would have been 100% different."