Dental Startup Podcast 
Dental Acquisition Podcast 
Dental Practice Buyer Representation
Own Your Dental Practice, Own Your Career
Mike is absolutely passionate and diligent about what he does. On top of that, he values the personal connection he makes with each of his partners and clients. Good things take time, and all the little connections matter. It would've been impossible for me to find my office in such a saturated market if it wasn't for Mike and his insight! He definitely brought his expertise to the table and was worth every penny of it. You want to work with a deal-maker, not a deal-breaker!
Oasis Family Dental • Woodinville, WA
Why Choose Michael Dinsio
for Buyer Representation?
- Helps determine if the prices are appropriate for the selling practice
- Senses if there are any red flags you may or may not be missing
- Helps assemble a team that will get you to the finish line
- Helps determine what your real cash flow will look like
- Access to “Pocket Listings” not found online
- Gives you the confidence that the broker is NOT steering you in the wrong direction
- Helps you put a game plan in place post-transaction
Our Unique Approach
Owning a practice is a big step towards some major goals for most doctors. Buying an office can be a time consuming, expensive, and emotionally draining if you don’t have someone in your corner. Unfortunately, the process with practice brokers can be challenging to say the least. Michael Dinsio and Next Level Consultants, have helped hundreds of doctors buy practices over the years.
The Process of Buying a Dental Practice
Step 1 Location Strategy
-
Demographic Analysis
- Competitive Landscape
- Culture & Socio-Economic Conditions
-
Personal & Lifestyle
- Non-Compete Restrictions
- Drive Time
- Community “Feel”
-
Practice Search
- Brokered Listings
- Targeted Letter Drop
- Industry Networking
Step 2 Practice Located
-
Evaluation / Prospectus Review
- Evaluate Purchase Price
- Determine Cash Flow (At a High Level)
- Clinical Comparison (At a High Level)
Step 3 The Offer
-
Letter of Intent
- Offer Price
- Structure of the Deal
- Establish Due Diligence Period
- Outline General Lease Terms
- Propose Close Date
- Earnest Money
Step 4 Due Diligence
- Deep Dive into the Financials
- Find Any Potential Pitfalls
- Insurance Contract Analysis
- Patient Demographics
- Lease Review
- Clinical Chart Audit
- Evaluate Equipment
- Opportunity Assessment
Step 5 Deploy Your Team
- Secure Lending
- Engage Legal Counsel
- Credentialing Specialist
- HR Advisor
- Marketing Strategist
Step 6 The Closing
- License
- Entity Filing
- Hire Escrow
- Secure Business Insurances (Property, Overhead, Malpractice)
- Launch Website and All Marketing Efforts
- Write & Send a Letter to Future Patients
- Fire and Hire Employees
- Sign Loan Documents, Lease & Purchase & Sale Agreement
- Employee Retention Strategy
- Finishing Touches on Business Plan
- Start Executing Transition Plan
Click Here to Request Our Whitepaper on
10 things to Ask During
Due Diligence
Have Questions?
If you’re ready to buyer your own practice, Next Level Consultants is ready to be right beside you every step of the way, removing obstacles and cheering you on. To learn more and get in touch with our team, contact us today.
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