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Preserving Practice Value & Legacy: Navigating Exit Strategies for Today's Dentists
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Added:11/08/2023 9:13 AM

Presenters: Dennis J. Wells, DDS, AAACD, and Daniel R. King, JD
Course Description: In today's ever-evolving dental market, understanding the true value of a dental practice and charting a strategic exit is more critical than ever. Many dentists, not just those nearing the twilight of their careers, remain unaware of their practice's genuine worth. The risk? Overlooking the genuine worth of one's practice, the issues of succession and exit planning could spell the difference between crafting a robust legacy with generational wealth and seeing a once-prosperous practice wither on the vine. Seasoned professionals, Dr. Dennis J. Wells and Attorney Daniel R. King, will provide a roadmap through these complexities. They will highlight the pitfalls of undervaluation, the nuanced challenges in the sale and transition of contemporary dental practices, and arm attendees with strategies to ensure both a dentist's professional legacy and financial stability are safeguarded.
Learning Objectives:
Recognizing the Hidden Value: Delve into key issues of dental practice valuation, including the unique issues with practices having an aesthetic emphasis, the dangers of undervaluation and the repercussions of not knowing your practice's worth.
Seamless Transitioning: Grasp the challenges faced during the sale and transition of dental practices in today's market, and discover effective strategies for a profitable and smooth changeover.
Strategizing for the Future: Equip yourself with proactive measures to enhance the longevity and value of your practice, ensuring you don't miss opportunities to bolster its legacy and financial prospects.
Teaching Methods: Lecture (online)
Cost: Free
AGD Code: 550
CE Credit: 1 CEU
Credits awarded per Session. See individual Sessions for further details.
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Presenters: Dennis J. Wells, DDS, AAACD, and Daniel R. King, JD

 Course Description: In today's ever-evolving dental market, understanding the true value of a dental practice and charting a strategic exit is more critical than ever. Many dentists, not just those nearing the twilight of their careers, remain unaware of their practice's genuine worth. The risk? Overlooking the genuine worth of one's practice, the issues of succession and exit planning could spell the difference between crafting a robust legacy with generational wealth and seeing a once-prosperous practice wither on the vine. Seasoned professionals, Dr. Dennis J. Wells and Attorney Daniel R. King, will provide a roadmap through these complexities. They will highlight the pitfalls of undervaluation, the nuanced challenges in the sale and transition of contemporary dental practices, and arm attendees with strategies to ensure both a dentist's professional legacy and financial stability are safeguarded.

 Learning Objectives:

  1. Recognizing the Hidden Value: Delve into key issues of dental practice valuation, including the unique issues with practices having an aesthetic emphasis, the dangers of undervaluation and the repercussions of not knowing your practice's worth.
  2. Seamless Transitioning: Grasp the challenges faced during the sale and transition of dental practices in today's market, and discover effective strategies for a profitable and smooth changeover.
  3. Strategizing for the Future: Equip yourself with proactive measures to enhance the longevity and value of your practice, ensuring you don't miss opportunities to bolster its legacy and financial prospects.

Teaching Methods: Lecture (online)

Cost: Free

AGD Code: 550

CE Credit: 1 CEU

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