Dental Practice Transition

Dental Practice Transition

occurs when a dentist wants to make a change from their current practice situation into something different. This can be adding an associate, the need to buy a dental practice, merging a practice, the need to sell a dental practice, relocating, adding a satellite practice or retirement. Simply put, dental practice transition is when a dentist wants to make any kind of change from their current dental practice situation.

It used to be that a dentist would open an office and continue to practice for 20 to 30 years in the same location. Today, dentistry has become more of a business and dentists are buying and selling practices, mergers are occurring and dentists are relocating their practices just like other businesses in the world. It's not uncommon for a dentist to own several practices throughout their career before they retire. While this is a long process, it can be very lucrative for those "entrepreneurial dentists" who want to become business owners and create a situation where they can create passive income that will supplement income from doing clinical dentistry.

If you're interested in transitioning out of your practice into retirement or a new practice call us at 1-800-773-0722 or click here to get more information on this process.

Avandant has strategic relationships with the country's top transition consultants and can make sure you get the most out of this process. Even if you don't have these plans in your near future, we highly recommend you get this information because the process takes time and your life will be much easier if you're prepared when the time comes to start your

Dental Practice Transition

.