Location: Pennington, NJ
Presenter: Dr. Paul Goodman; Director, United Dental Brokers of America-New Jersey, Co-Director of Eastern PA
Dr. Goodman is a graduate of the University of Pennsylvania School of Dental Medicine. Paul has been practicing dentistry for over 10 years and works with his brother in two locations within Mercer County, NJ. In addition to a private practice, he teaches dental reidents at Albert Einstein Medical center as well as lectures to dentists on placing and restoring dental implants. Paul is also a part of the United Dental Brokers of America team. He has purchased three dental practices and is looking forward to sharing his personal experience with the transition process. He works well with retiring dentists in managing the expectations of their patients and team members during the transition process.
CE Details: 2 Hours of free CE credits
AGD Subject Code: 550
Event Location: Villa Francesco's Italian Restaurant, Pennington, NJ
Meals: Lunch Included
Synopsis: During this presentation attendees will learn when to start planning to buy or sell a dental practice. Sellers will learn how to make their practices more attractive to buyers, and buyers will learn how to find the right practice for their specific needs, skills and location. We will exam the current state of the dental practice, transitions market and buyers will learn how to approach a reputable bank if they need financing.
Educational Objectives:
- Examine the current state of the dental practice transitions market.
- Review the key questions to ask when considering a practice broker.
- Learn how to make your practice more attractive to a buyer.
- Demystify the process of valuing a dental practice.
- Identify the key points to consider regarding the financial health of your dental practice.
- Discover multiple ways to transition from owner to retiree.
- Explore different ideas regarding multiple practice ownership.
- Discuss how to assess the current state of your dental team and identify if they will stay with a buyer, post-sale.
- Review simple strategies to improve practice revenue.
Disclosures: Paul Goodman declares that he is a practice broker affiliated with United Dental Brokers of America.
