Smile Escapes

Selling a dental practice is a watershed moment for any clinician, and it is essential that they avoid costly pitfalls in the transition process. According to Jennifer Sims, a certified public accountant and executive vice president of valuation services at Professional Transition Strategies, one area where clinicians can falter is gaining a strategic understanding of how much their practice is worth. She says it is essential for sellers to have a clear and accurate valuation, even if a potential sale may be years down the track.

 

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