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NL Transitions

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United States
Sparks, MD
NL Transitions

Dental Practice Brokerage Firm For over fifty years, we’ve been guiding dentists to successful careers.

When it is time to sell your dental practice, we offer a seamless process backed up by incomparable expertise. Whether you are looking to transition out of your dental practice now, or are in just the beginning stages of thinking about it, or simply looking to purchase another location, or relocate to a new city, we can advise you each step of the way. Our team of Dental CPAs and tenured dental br

okers provide you a proven set of steps that eliminates the surprises many dentists encounter when they try to buy a dental practice on their own, or hire counsel that has little or no experience in these types of transactions. Because of our stellar reputation of integrity, we have access to a group of highly vetted dental lenders, dental insurance brokers, dental lease specialists, dental attorneys, dental supply companies, dental recruiters and others that have dedicated themselves to helping dentists like you.

06/28/2024

How Much Money Will Dentists Need to Retire Well?

It’s the age-old question with many different answers: how much money do I need for retirement? Dentists face no more investment and savings risks than other people; however, as dentists also tend to earn more money throughout their career, and high-income earners tend to spend more and thus, have a higher cost of living. This means more money is needed for a comfortable retirement.

To read the full blog, visit: https://nlgroup.com/nl-transitions-blog/how-much-money-will-dentists-need-to-retire-well/?fbclid=IwAR1M6-wFAo2ra5xcUTVtolNqn_El0QtwdSVGlMPxMYsE7-M5lsW9qAPbfIU

06/26/2024

Maintaining Cash Flow Before Your Dental Practice Sale

Before you sell your dental practice, potential buyers look for many things: patient flow, location, and practice performance, to name a few. Perhaps one of the most crucial elements of dental practice value is positive cash flow, which you should be working to maintain as you approach the exit from your practice.

Here's what you should know - https://nlgroup.com/nl-transitions-blog/maintaining-cash-flow-dental-practice-sale/

06/24/2024

Dental Practice Exit Strategies: How to Choose the Right Goal

For many dentists, your practice means more than just a paycheck or a job. Your practice represents years of hard work, commitment, and sacrifices. There are decades of memories. That’s why selling your practice is such an emotional decision. When the sale price represents such a big piece of your life, you want to get the most out of it.

To read the full blog, visit https://nlgroup.com/nl-transitions-blog/dental-practice-exit-strategies-choose-right-goal/?fbclid=IwAR22ZN0CLHezc9bqav9Fiur0y4p-R3kljMzzb87vg5bq-_xCF_5O7W4HeVo

06/21/2024

Does Your Dental Practice Need a Check-Up?

As dentists, you encourage your patients to come in every six months for a check-up. You know that proper hygiene and routine dental care can often prevent many long-term and more serious dental issues.

When is the last time your dental practice got a check-up?

Here is what you should know - https://nlgroup.com/nl-transitions-blog/dental-practice-need-check/

06/19/2024

Quick Tip:
The best thing you can do to increase practice value is not to coast or reduce hours leading up to your exit. If you don’t want to work extra hours, or even the same amount, hire an associate. The best thing is to not be complacent. Remember that your work now will pay off in a better practice sale in a few short years.

For more tips on what to do when planning your , visit our website at www.nltransitions.com

06/17/2024

Tips For Easier Transitioning From Your Dental Practice

More dentists have chosen to retire or sell their practices with the aftereffects of CoVid 19 and changes in practice protocols. There are usually no likely specific rules that apply to every seller, but you may want to consider thinking out of the box to have a successful dental transition. Being receptive to more creative solutions will make your transition not just worthwhile but easier.

Read the full blog post here: http://ow.ly/VCTq50GguPe

06/14/2024

How to Embrace Retirement as a Dentist

Delaying retirement due to an underlying concern can end up being problematic in the long-term. You risk missing out on time with your family, opportunities to travel or fulfill other goals, and enjoy a more relaxed lifestyle without the hectic pace of dental practice ownership.

Read our full blog post for more details s: https://nlgroup.com/nl-transitions-blog/how-to-embrace-retirement-as-a-dentist/

06/12/2024

Retirement Challenges Facing Women in Dentistry

Being a woman in dentistry can be challenging sometimes, but it is always fulfilling. In few other professions can females create independent wealth and success while improving the health and well-being of other people. And there are more women in dentistry than ever before. Women are graduating from dental schools in nearly equal numbers as men, and more women now own their practices. It’s an exciting shift in dentistry and we can’t wait to see the impact these dentists have on the profession!

To read the full blog post, visit https://nlgroup.com/nl-transitions-blog/retirement-challenges-facing-women-dentistry/?fbclid=IwAR1slugKEY03e__qcCMPxHS6LRuVxwv4oKD0MeRHu97Unt5xHaIjqfu5PG4

06/10/2024

What Happens to Receivables After a Practice Transition?

When a practice is being purchased, what happens to the accounts receivables?

Typically, the seller retains the receivables. Who will collect them? What will happen is that the staff of the practice will continue to collect them, just as they did when the seller was the owner of the practice.

To read the full blog, visit: https://nlgroup.com/nl-transitions-blog/what-happens-to-receivables-after-a-practice-transition/?fbclid=IwAR3xPh5FZcoOAIKOf1BD0pWCpzGQmf65uAgY1WM4NqRKcN_lVIjf716k0OU

06/05/2024

Transition Options: Traditional Ways to Hand Off Ownership of Your Dental Practice

The path to retirement can look different for every dentist. Where you fit depends on your goals, lifestyle, preferences, and management philosophy, among other factors.

Dentists who are contemplating retirement and want to know the traditional options to stepping away from their practice, continue reading for practical scenarios that can help achieve your transition goals.

Read the full blog - https://nlgroup.com/nl-transitions-blog/transition-options-traditional-ways-to-hand-off-ownership-of-your-dental-practice/?fbclid=IwAR1Zl9-nuXVJ_qvyyqTzVi7sa-ODPo2-78qH0gF1hSJE3vgqcpIiV798N5w

06/03/2024

Why You May Need to Sign a Non-Compete When You Sell Your Dental Practice

You already know that selling your dental practice will come with a lot of contracts to sign. Did you know that a non-compete might be among them? Unless your plans involve moving to a different state for retirement, expect the buyer to ask you to sign a restrictive covenant that protects his or her new practice from any potential risk if you end up returning to dentistry, even part-time.

Here’s what you need to know if a non-compete is part of your dental sales agreement -

Address

53 Loveton Circle Suite 120
Sparks, MD
21152

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm

Website

http://www.nltransitions.com/

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