Dental Practice Advisory & Transitions Firm Donates Over $4,000 To Charity In 2020 February 16, 2020 | Cleveland, OH — PMA Practice Transitions, a regional practice advisory and transitions firm, announces that it has donated more than $4,000 to 9 local organizations in 2020 for a total of $10,550 since the inception of its “giveback”…
Published by Matt Scherer on February 16, 2021 What to consider when selecting a financing option Whether you are a first-time dental practice owner or someone looking to expand, relocate or add an additional location; the options for financing today have never been this extensive. Understanding the different types of financing options available When it comes to the types of financing available for…
Published by Doug Sellan on February 12, 2021 What are the considerations to think about when hiring a dental associate? In this day and age, more dental practice owners are thinking about hiring an associate to join their practice as they transition out of ownership. An associate may help the dental practice increase the revenues and allow the senior dentist to take more…
Published by Matt Scherer on January 14, 2021 Best practices for formatting financial statements Did you know that there’s no “right way” to format or present your practice’s financial statement? It’s true, there are several approaches that dentists can take when crafting a financial statement. What’s most important is that the statement is meaningful to you and is easy to understand and analyze….
Published by Alan Hill on November 23, 2020 Why You Need More Than A Dental Broker If you are thinking about selling your dental practice your first phone call might be to a dental broker to start the initial discussions about the selling process. But before you pick up that phone let’s discuss the difference between a dental broker and a dental transition…
Published by Doug Sellan on October 15, 2020 We’ve all dreamed about what we would grow up to be someday. For some of you, it may have been a professional baseball player. Others may have dreamed of becoming the President of the United States. And then there are those of you who may have only dreamed of one day becoming a dentist. Whatever…
Published by Matt Scherer on July 17, 2020 The journey of selling your dental practice is not an easy one and it can be emotional. Are you truly ready to sell your dental practice? Are you ready for any road bumps that might happen during the process of selling your dental practice? The process can be overwhelming, but a dental transition expert can…
Published by Doug Sellan on June 18, 2020 A common question our dental transition specialists are asked is “how long will it take for you to sell my dental practice?” There are so many factors that make it so hard to answer that question. Is your dental practice located in a rural area or a metro area? What is the size of your…
Published by Matt Scherer on June 18, 2020 It seems like there have been so many interruptions in our lives with the onset of COVID-19. Many dentists felt the impact when they had to temporarily close their dental practices. But as we begin the re-opening process, many dentists have started to contemplate if now is the time to sell, even if they were…
Published by Adam Goldsmith on May 18, 2020 Governor DeWine announced that dentist offices may start to reopen on May 1, 2020, as long as they have strict precautions in place to ensure their employees’ safety. In addition to wearing face masks, staggering start times and adjusting lunch breaks as some of the necessary precautions, there are some specific considerations that dental owners…
Published by Matt Scherer on April 24, 2020