Do You Have the Transition Partner You Need in Order to Acquire A Practice?
When you’re ready to own a dental practice, your life will be vastly easier if you have the right transition partner.
Here’s an example:
Let’s say you are 30 years old, and you’re looking to transition into ownership of the practice where you’ve been working as an associate. Your business partner is 50 years old, and probably would like to work for another 10 years.
In this example, each dentist is an ideal transition partner for the other. They are in complete alignment as joint venture partners who share the goals of gradually shifting ownership to the younger dentist, and achieving financial freedom for both dentists.
When you have a senior employer who is willing to give you the opportunity to demonstrate your value as a future partner, you're on your way to owning a practice with an existing patient base, without having to take on a six-figure debt to do it.
Then, when you demonstrate to the senior partner that you’re a trustworthy successor and the ideal transition partner for them, they can become the ideal transition partner for you, and for any other dentists who may join you in the future.
While you’re transitioning in, an Un-DSO can maximize the value of your practice.
When a dentist sells their practice, they receive a multiple of practice earnings known as EBITDA: Earnings Before Interest, Taxes, Depreciation and Amortization.
With our Un-DSO system, you increase your earnings by separating out the nonclinical management company business from the clinical practice.
The clinical practice would sell for one or two times earnings, while with the right Un-DSO strategy, the management company will sell for four to eight times earnings, sometimes even more!
This is just one of the strategies we use to increase your wealth and help you create financial freedom.
When you and a selling dentist are partners in a Total Smile Protection Un-DSO, we help you to work together to maximize the practice’s net earnings (EBITDA), which will maximize the value of the practice and give you the ability to get out of debt in less than half the time you ever thought possible.
We also help you achieve financial freedom even sooner by helping you build your own Un-DSO management company. That way, instead of just getting paid when you’re working with patients, you share in the profits of the other dentists in your Un-DSO!
Ready to find your ideal transition partner, and create a path to financial freedom?
Our Un-DSO transition and financial freedom experts will be happy to help you! Just click the button below to access our scheduler and book your free consultation.
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