What's in it for me?

At the end of the workshop, you’ll be armed with a plethora of knowledge that will benefit you before and during a partnership, including:

• The reassurance of successful case studies
• Recognition of transition readiness
• Successful change implementation
• Smart valuation of your business
• Facilitation a successful agreement

Financial benefits:

You’ll leave the workshop with financial knowledge you can feel confident about, including:

• How to achieve financial clarity for decision-making during transitions
• How to recognize maximized practice value before a transition begins
• How to understand practice values and the values that enhance them
• Valuation formulas and case studies
• Valuation timelines and the role of the professional appraiser

Readiness and implementation benefits:

Perhaps one of the most scary and difficult facets of transitions, you’ll be able to stare it right in the face and continue on. Your new skills will teach you to:

• Select an associate or partner to buy into your practice
• Create strategies for integrating another dentist into your practice
• Maximize facility utilization through calendar planning for two or more dentists
• Know when and how to pay for facility enhancement, renovations and relocations
• Overcome team concerns and enhance teamwork during transitions
• Protect your productivity while sharing your clients with an associate

Client benefits:

Clients are an integral part of this entire process, because without them, none of us would be here. You’ll learn to include your clients by:

• Assessing the excess wealth of your client base
• Communicating with clients about transitions in the practice
• Implementing a transition-smart marketing strategy

Partnership facilitation benefits:

If you’ve been the senior dentist in your practice you’re used to working alone. And if you’re just joining a practice, you don’t know what to expect. After this workshop you’ll understand:

• How to avoid head-to-head confrontation
• Tangible and intangible practice values
• Options for transitions facilitation

More key benefits:

You’ll also leave the workshop understanding:

• Associate and dentist obligations
• Allocation of client base to associates
• Restrictive covenants and liquidated damages
• Death and disability
• Tax consideration involved in a transition
• Right of first refusal and buy-in options
• Renovations and practice enhancements
• Management structure and decision-making process

Learn more about this valuable workshop here.