Dental Practice Sales & Transitions with Dental Broker Ryan LaPrad, DDS Match South episode artwork

EPISODE · Jun 27, 2024 · 32 MIN

Dental Practice Sales & Transitions with Dental Broker Ryan LaPrad, DDS Match South

from Dental Flow Podcast · host Benjamin Suggs

As a dentist nearing retirement, figuring out how to maximize the value of your dental practice can be quite daunting. It's natural to worry about potentially leaving money on the table or making costly mistakes during the transition. The process involves many critical decisions, from evaluating the worth of your practice to planning for a smooth handover. These concerns can make the transition period feel overwhelming as you strive to secure your financial future.In this episode, guest Ryan LaPrad, an experienced dental practice broker from DDS Match South, explores the important but often intimidating process of dental practice transitions and shares key insights every dentist should consider whether buying or selling a practice. He details the complexities of negotiating with corporate groups and how working with a specialist can significantly impact the financial outcome. Learn how Ryan got an additional $5MM in value for one seller in his practice sale!Ryan also offers a glimpse into market trends and strategies for matching buyers and sellers.To watch this episode on YouTube, please visit:https://www.youtube.com/watch?v=T1T_I5-Yk64WHAT TO LISTEN FOR3:53 What Should You Know About Non-Compete Agreements in Dental Practice Sales?8:24 What Are the Differences Between Individual and Corporate Buyers in Dental Practice Transitions?13:46 The Risks and Benefits of Selling Dental Practices to DSOs18:26 Why Is Preparation Important When Selling Dental Practices?23:10 Matching young dentists with practices for sale in the southeast28:11 What Should You Consider When Buying or Selling Dental Practices, Especially in Rural Areas?RESOURCES/LINKS MENTIONEDWebsite:  https://ddsmatchsouth.com/Google: https://g.co/kgs/S1XSejQFacebook: https://www.facebook.com/ddsmatch/Instagram: https://www.instagram.com/ddsmatch.south/Twitter/X: https://x.com/ddsmatchsouth/LinkedIn: https://www.linkedin.com/company/ddsmatchsouth/CONNECT WITH USLearn more about improving dental practice marketing on Flow.Benjamin Suggs on LinkedInYour Dental Marketing Growth Partner: Human Expertise Meets AI Precision.We combine cutting-edge AI technology with over 14 years of dental marketing expertise to drive real results. From increasing new patient flow to filling holes in your schedule, our strategies are built to grow your practice—efficiently, intelligently, and predictably. Experience marketing that adapts in real-time and delivers every time.No long-term contracts.Our clients average a 5X return on investment.Personalized, non-corporate approach.5-star reviewed.Incredibly easy to work with - your time commitment is minimal.Find us:Website: https://newpatientsflow.comGoogle: https://g.co/kgs/zqWTc5aFacebook: https://www.facebook.com/newpatientsflowInstagram: https://www.instagram.com/newpatientsflow/Linkedin: https://www.linkedin.com/company/newpatientsflow

Episode metadata supplied by the publisher feed · Published Jun 27, 2024

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As a dentist nearing retirement, figuring out how to maximize the value of your dental practice can be quite daunting. It's natural to worry about potentially leaving money on the table or making costly mistakes during the transition. The process involves many critical decisions, from evaluating the worth of your practice to planning for a smooth handover. These concerns can make the transition period feel overwhelming as you strive to secure your financial future. In this episode, guest Rya...

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Dental Practice Sales & Transitions with Dental Broker Ryan LaPrad, DDS Match South

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