Oral Health Group

Selling a Practice
April 29, 2022 Feature Dental practice transitionOral Health OfficePractice management

Selling a Practice: Realistic Expectations

by Jackie Joachim, ROI Corporation

Your practice is your baby. Even if you purchased it from another dentist, you still put in the hard work to make it your own. You’ve toiled, fretted and challenged yourself to reach new heights. And now it’s nearing the

March 4, 2022 Feature Oral Health OfficePractice management

Thinking of Selling? Check Yourself… Legally

by Michael Carabash, BA, LLB, JD, MBA, CDPM

Selling your dental practice now or in the next 5 years? Get yourself checked now – legally that is. Otherwise, it could cost you hundreds of thousands of dollars, plus delays and aggravation when you do go to sell. Let’s

December 3, 2021 Feature Oral Health OfficePractice managementPractice Operations

Going, Going, Gone…10 Tips to Give Yourself the Best Practice Sale

by Michael Carabash, BA, LLB, JD, MBA, CDPM

TIP #1: Prepare Years in Advance Begin planning 2 to 5 years before contemplating selling. Why? Because it can take up to 2 years to put your team members on contract. It can also take 2 or more years to

October 1, 2021 Feature Oral Health OfficePractice management

Dreaming of Selling? Tax Planning Realities Might Wake You Up

by Michael Carabash, BA, LLB, JD, MBA, CDPM

Dental practice values are back up. Everyone’s hounding you to sell. Maybe you’re tired of the daily grind of running a dental practice – especially during COVID-19. You find yourself drifting off. You’re on a pristine beach, at your cottage

Buying Selling Dental Practice
June 14, 2021 News BlogsDental OfficeFinancesNew dentistsPractice ManagementPractice Operations

Considerations for Buying and Selling a Dental Practice During the Pandemic

by Ken Arding, BDO Canada

It goes without saying that the COVID-19 pandemic has been an unexpected and unprecedented period in Canada and beyond. And while you might think that would hinder dental professionals from buying or selling a practice, think again. Over the last

February 26, 2021 Feature Office ManagementOral Health OfficePractice managementPractice Operations

What’s Good for The Buyer Can Be Good for The Seller

by Sean Robertson, DDS, The Dental Broker Team; Lisa Philp, Transitions Group

As a profession, we are currently in a fortunate position. Our practices provide us the ability to live a comfortable life, maximize our value when it’s time to sell, and leave a professional legacy in the communities in which we

Dental Practice
December 21, 2020 Feature Oral Health OfficePractice management

Dental Practice $ales: Get the Most When You $ell

by Michael Carabash, BA, LLB, JD, MBA, CDPM

For the last few years, it’s been a seller’s market when it comes to dental practice sales, due to too many buyers, not enough sellers, low interest rates, 100% bank financing and dental service organizations scooping up practices. These conditions

November 23, 2020 News BlogsPractice managementPractice Operations

Tax Deferral Options on Sale of a Practice

by Bal Katlai, PhD, CPA, CGA; Waji Khan, B.Sc., DDS, MBA, M.Ed., FICOI, FPFA, FICD, FACD

An important consideration during the sale of a practice is the amount of taxes arising from realizing a capital gain – the underlying asset primarily being the patient list, i.e., goodwill. While the seller can avail of the lifetime capital