Good Morning,
Does the potential really matter? Who really cares about the potential? Some transactions or dealings we run across in our daily life, one may easily conclude potential really doesn't matter. As practice owners, potential holds uncomprimising value. As you navigate through some of the most crucial transactions made by a dental practice, striving for THE potential really will matter. Think about the potential in these five questions:
- What is the potential value of my practice?
- What is the production potential of my facility?
- What is the potential success rate for an associate in my practice?
- What is the potential concern for buyers who may be looking to buy my practice?
- What is the potential date for me to exit the practice?
The potential in all these questions are extremely important especially when paired with the dentist looking to do the following...
- Add an associate
- Develop an exit strategy
- Sell their practice
- Formulate a strategy to maximize practice value
If you are developing plans for either one of these actions, then you should know ddsmatch possesses three valuable and exclusive tools which support the plans of our clients for reaching their potential in all these areas.
These tools are:
- Business Valuation- the most comprehensive valuation we have seen in dentistry. This valuation is completed for ddsmatch by our partners at Blue & Co, a 3rd party accounting firm out of Indianapolis, who employ accounting professionals with the highest credentials to appraise and value our dental practices. This valuation fosters greater transparency and trust from not just our sellers but also the potential buyers and their advisors.
- Clinical Treatment Analyzer - This seventy -five page report from Dr. Charles Blair's consultative firm out of North Carolina measures key performacne indicators from the clinical side of the practice. This analysis clearly displays money left on the table or "gaps" in both the hygiene and operative side of the practice. These charts raise the level of excitement from potential buyers as well as point out to our owners the areas of focus to build the practice from where it sits today.
- "NEW" Associate Intelligence Quotient (AIQ)- this extensive analysis was developed to bring greater success to our clients' growth strategies which may involve the addition of an associate. Provided by Blue & Co., this exclusive report will give our clients a success rating based upon ten key compenents which are a part of the associate placement process. All of these components from owner goals, doctor busyness and over to associate compensation and practice capacity with staff, are measured to derive a score with recommendations for each component to be improved or implemented. All done to raise the success rate for integrating a successful associate.
Each one of these reports are available to our clients who hire ddsmatch to sell their practice utilizing our Trusted Transition Process or hire ddsmatch to find an associate to join the practice. All conversations are kept entirely confidential.
Kick off your plans by giving your professional at ddsmatch a call at 1-855-546-0044 or email Rex Plamann at rplamann@ddsmatch.com
We are here to maximize your potential!
Sincerely,
Rex W. Plamann
Partner/Owner
ddsmatch Chicago
rplamann@ddsmatch.com
Direct: 855-546-0044
P.S. Also, if you have a friend to refer, click the puzzle piece below |
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