Partnerships and Transitions

80% of Associates do not become Partners.

There are three practices for sale for every one buyer in metropolitan areas and it becomes even bleaker as we move outside the city. When it comes to Transition plans, most consultants tell dentists what they want to hear versus what they need to hear. When false expectations are set from the beginning, it is very rare that partnerships come to fruition. So what’s the difference here? We help dentists sell their practice or add a partner/associate because it has a profound and direct impact on their retirement plan. When your financial advisor happens to be an expert at dental transitions, what you get is a firm that’s in it for the long-haul.  Does your marketing plan welcome a new dentist? Is your staff and scheduling ready for the change? Will you sell your practice in pieces or as a “walk away sale”? Do you know how to sell your practice for it’s maximum value and still give the new owner a great deal?

Buyers should know what the proper value of the dental office is, how much they will earn, when they can buy, how they’ll get the loan, and every last detail… before they ever walk in the door. Sellers should get their “financial house in order” first, figure out what type of transition is best for them, and learn how to craft one that is lasting and mutually beneficial. By partnering with Four Quadrants, you can leverage our knowledge and experience for a great Transition and learn how to bridge that success to retirement wealth.