The Decathlon Dentist – Case Study of a Practice Transition – Kyle Francis, Bill Ladd, Jared Duckett: Ep #437

How do you know when to take some chips off the table? Who to sell to? When to sell? And how to do it. Joining the conversation today are Kyle Francis, a longstanding broker in the dental space, and Bill Ladd and Jared Duckett of Ladd Duckett CPAs, who specialize in dental consulting, accounting, and real estate. We take a case study and discuss how this situation is helpful for you as you figure out how to move forward.

This episode is a great way to take a look at the nuances of the decision tree that many of our dental colleagues are looking at today, or will look at tomorrow when it comes to practice transitions. You will hear about what variables need to be looked at and what the key contractual agreements are that have to be put into place. We will be taking a close look at what the actual purpose of the sale is for the business owner and what their real goals are.

Minute Markers:

3:37 – Breaking down the first case study with Kyle Francis.
12:46 – The importance of couples that are on the same page.
14:29 – The decision-making process and various elements involved.
18:04 – “Is now the right time?” and what founders syndrome is.
24:16 – What goes into unwinding the DSO.
26:09 – The value of clarity on what’s most important.
33:25 – How to grow your vision and use that as your guide.

Featured on the Show:

Kyle Francis: LinkedIn | Website
Jared Duckett: LinkedIn
Bill Ladd: LinkedIn
Duckett Ladd
Freedom Founders Discovery Call

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