My guest today is really deep into the space of dental practice transitions. Specializing in sell-side advisory for dentists who are seeking DSO affiliation or private equity partners, Brannon Moncrief joins the show to share his take on the current state of things and how he recommends dentists look at the options available for transitioning their practices.
Listen in as Brannon discusses the practice buy-and-sell game that DSOs play, as well as the key mistakes that dentists tend to make in these situations. We also cover a bit of the market trends and where he sees things going when it comes to practice sales—and where you should start looking to figure out what is right for your practice.
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Minute Markers:
- 1:02 – Who Brannon is and his background in the dental world.
- 3:45 – The evolution of market dynamics and practice sales in the current market.
- 9:34 – How to know when it’s the right time to sell.
- 10:18 – The importance of creating leverage and how you can do that.
- 16:18 – The different types of private equity buyers and who is built for sustainability.
- 18:11 – The type of practices DSOs are looking for.
- 20:29 – What many dentists are doing after selling.
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P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think) :
1. Schedule a Call with My Team:
If you’d like to replace your active practice income with passive investment income within 2-3 years, and you have at least 1M in available capital (can include residential/practice equity or practice sale), then schedule a call with my team. If it looks like there is a mutual fit, you’ll have the opportunity to attend one of our upcoming member events as a guest.
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There are many self-proclaimed genius investors today who think everything they touch turns to gold. But they’re about to learn the hard way what others have gained through “expensive” experience. I’m offering a free report on how to become a full-cycle investor, who knows how to preserve and grow capital in Up and Down markets. Will you be prepared when the inevitable recession hits? Get your free report here.
3. Get Your Free Retirement Scorecard:
Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Click here to take the 3 minute assessment and get your scorecard.
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