Who should be on your dental team? An accountant, a banker, an attorney and an insurance agent should be on your team. Each of them provide valuable insight that will help your dental practice find financial success. Our dental transition specialist Matt and Joe provide more information about the importance of a strong dental team….
Published by Matthew Scherer on October 15, 2019 Your dental practice’s financial statements are important when it comes to selling your dental practice. And when you’re looking to purchase a dental practice, it’s important to take a closer look at the financial statements of the office you are looking to acquire. Banks need the information presented in the dental practice financial statements to…
Published by Matthew Scherer on October 3, 2019 When you buy an already established dental practice, you’re not only purchasing the space, the equipment, the technology, etc. You’re also buying the existing goodwill of the practice? What does that mean, let Matt Scherer and Joe Gordon, our dental practice transition experts, explain. Matt Scherer: Hello, and my name is Matt Scherer with PMA practice…
Published by Matthew Scherer on September 13, 2019 Did you know the technology in your dental practice, or lack of technology, can impact the value of your practice? Dental transition experts Matt and Joe share how it impacts it and what you should be being to prevent it from hurting the value of your dental practice. Matt Scherer: Hello and welcome. My name…
Published by Matthew Scherer on August 30, 2019 We hear all the time that a dental practice value is X% of gross revenue, but is that just a myth? Matt and Joe can shed some light on understanding the difference between price and value. Matt Scherer: Hello, and welcome. My name is Matt Scherer with PMA Practice Transitions. I assist dental professionals in…
Published by Matthew Scherer on August 16, 2019 The appearance of your dental practice matters. Learn why curb appeal is important when selling your dental practice. Matt Scherer: Well. Thanks for joining us today. My name is Matt Chair. I’m with PMA practice transitions, and I cover all of Ohio and western PA, and assist dental professionals in selling and buying practices. And…
Published by Matthew Scherer on July 31, 2019 Should you rent or buy the real estate when purchasing a dental practice? Your dental transition experts, Matt and Joe, have the answer — or what to consider when making the decision! Matt Scherer: Hello and welcome. This is Matt Scherer from PMA Practice Transitions, and I cover primarily the Ohio and western Pennsylvania…
Published by Matthew Scherer on July 9, 2019 Are you reviewing your dental insurance plans and fee schedules? You should be, twice a year. Listen as Matt and Joe tell you why it is so important. Transcript Matt Scherer: Hello, and welcome. My name is Matt Scherer. I’m with PMA Practice Transitions, and I help dental professionals buy and sell practices in the…
Published by Matthew Scherer on June 24, 2019 Dental students are coming out of school with more debt and oftentimes they think they can’t get financing to purchase a dental practice. However, this is not the case. Learn more as Matt and Joe tell you how it is possible. Matt Scherer: Thank you for joining us. My name is Matt Scherer. I’m with…
Published by Matthew Scherer on June 7, 2019 Practice Transition Consultants, Matt Schere and Joe Gordon, explain the importance of regularly analyzing your fee schedules and insurance plans. Transcript Matt Scherer: Hello, and thank you for joining us today. My name’s Matt Scherer with PMA Practice Transitions. I cover all of Ohio and Western PA. I help dental professionals either sell or…
Published by Matthew Scherer on May 30, 2019