Is Now a Good Time to Buy a Dental Practice?
Timing can play a major role in the success of buying a dental practice. With the dental industry evolving and economic conditions in a period of transition, many prospective buyers wonder if now is a good time to make this investment. Here are some key factors to consider when evaluating when is the right time […]
Do I Need a Dental Practice Sales Broker?
Opting to sell your dental practice is a significant process in your career, and navigating the complexities of this stage can be daunting. This is where a dental practice sales broker becomes an invaluable partner. Here are compelling reasons why engaging a broker can be immensely valuable or a successful and smooth transition. Expertise and […]
Ready to Sell Your Medical or Dental Practice?
Ready to sell your medical or dental practice? At ProMed Financial, we understand that this is a significant decision. Our expert team is here to guide you through every step, ensuring a smooth and profitable transition. Discover how we can help you achieve the best value for your practice and start your next chapter with […]
Partnering with ProMed Can Help Preserve Your Practice’s Legacy
For many healthcare practitioners, their practice is not just a business but a culmination of years of hard work, dedication, and commitment to patient care. As the time comes to transition out of the practice, whether due to retirement, a career change, or other personal reasons, preserving the legacy built over the years becomes paramount. […]
Reasons a Dental Practice Broker is Valuable
When it comes to selling a dental practice, the expertise of a dental practice broker can be a great long-term value. Here are several reasons why working with a dental practice broker can be a smart move. Expertise and Market Knowledge Dental practice brokers specialize in the dental industry and have a deep understanding of […]
Why Financial Statements are Essential in Selling Your Practice
Financial statements hold an important role in selling your practice, serving as a reference for both you as the seller and potential buyers. These statements provide valuable insights into the financial health and performance of your practice, which highlights transparency and credibility to prospective buyers looking for as much as information as possible during the […]
I Have an Offer from a Dental Practice Buyer, Why Do I Need a Broker?
If you have received an offer from a dental practice buyer, you might be wondering whether you need the services of a broker to navigate the transaction. While it might seem tempting to manage the sale process individually, partnering with a professional dental practice broker can offer numerous benefits and ensure a smoother and more […]
How Long Will It Take to Sell My Dental Practice?
Selling a dental practice is a significant decision that requires extensive planning and consideration. A common question is how long it will take to sell a dental practice. While there is no universal answer to this question, several factors can influence the timeline of selling your dental practice. ProMed Financial offers insights into the key […]
Securing Funding When Buying a Dental Practice
Getting started with the process to buy a dental practice can be exciting, but also brings challenges. These challenges require careful financial planning. Securing adequate funding is paramount to ensuring a successful acquisition process. Our practice broker team understands the intricacies involved and is dedicated to assisting you in navigating the process of securing funding […]
Navigating Through the Process of Dental Practice Acquisition
The initial process of dental practice ownership is a significant leap, which comes with unique challenges. ProMed Financial is your trusted partner in this endeavor. Our team is committed to ushering you through the nuanced process of acquiring your dental practice. Here are some important steps to follow. Gauge Your Financial Standing The financial landscape […]
