Q: How can I choose a broker I can trust?
A. Finding a business broker you can trust should be at the forefront of your process when considering either selling or buying your business. Many states require that business brokers be licensed in an effort to help protect the public from fraudulent practices. Even if the state doesn't require licensing, it is important that the business broker you choose has the education, background and experience necessary to help you complete a legal and positive transaction. Beware of so-called "experts" who may work for dental supply companies, offer the sale or purchase of multiple practice opportunities without being a licensed brokerage firm, or organizations that overlook state laws. In Colorado, visit http://www.dora.state.co.us/real-estate.
Q: When faced with a practice transition, how do I know if I am making the right decision?
A: The best way to ensure you are making the "right" decision for your practice is to invest in the time and process to plan how you want your transition to unfold. There are many ways to transition your practice, and not every method is right for every dentist. Begin with Transition Planning where you can make decisions, create action steps and determine a timeline for making it happen!
Q: How can I be sure that I create a practice transition that is positive for everyone involved?
A: You do not enter a practice transition alone. Your decisions affect many other people, including your spouse, your staff, your buyer or associate, and your patients. Going into a transition with open communication and a good transition plan can help to prevent some of the pitfalls often associated with these types of changes.
Q: What are the financial advantages of working with SAS Transitions Dental Practice Brokers?
A: There are no hidden costs when working with SAS Transitions Dental Practice Brokers. You receive a proposal of services and a breakdown of fees prior to engaging in either a consulting or broker relationship. Your initial consultation is complimentary.
Q: The dental community seems to be a small world sometimes. How can I be sure my communication with SAS Transitions Dental Practice Brokers is confidential?
A: The decision to sell your practice, buy a practice while working at another office, consider an associate for a buy-out, buy-in, etc. may be one of the most challenging decisions you ever face. Confidentiality is at the forefront of everything we do. We strive to protect the confidentiality of all parties and make every effort to help make you feel secure when sharing information.