27. Get top dollar for your practice when it's time to sell, with Thad Miller

23/08/2023 25 min Temporada 1 Episodio 27
27. Get top dollar for your practice when it's time to sell, with Thad Miller

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Episode Synopsis

For many practice owners, their business is their life's work – a true personal and professional investment.
So when the time comes to sell, it's crucial for owners to maximize the return on their investments – we’re talking decades of procedures, critical business decisions, and long days.
What many sellers don't realize is that the decisions they make in their final months as owners can have an enormous impact on the value they realize from the sale.
In this episode, we're talking to Thad Miller, an industry leader with more than 25 years of business experience and the creator of ddsmatch.com, which helps more than 8,000 dentists across the country find a seller. The site has more than 1,200 sellers to choose from, with almost $250 million in assets under transition management.
Thad also manages dvmmatch.com, which offers the same services to veterinarians.
Tapping into his deep well of knowledge, we'll discuss:

When is the right time for a seller to start transition planning?

What can a provider do to increase the value of their practice prior to sale?

Other factors that can affect the value of a practice

What the current market’s like for dental practices and veterinary hospitals

Unique options for including commercial real estate in the sale of a practice


Are you ready to take the next step in scaling up your practice ownership dreams? Visit getprovide.com.

Provide is a division of Fifth Third Bank, National Association. All opinions expressed by the participant are solely their current opinions and do not reflect the opinions of Provide, its affiliates, or Fifth Third Bank. The participant’s opinions are based on information they consider reliable, but neither Provide, its affiliates nor Fifth Third Bank warrant its completeness or accuracy and should not be relied upon as such. This content is for informational purposes and does not constitute the rendering of legal, accounting, tax, or investment advice, or other professional services by Provide or any of its affiliates. Please consult with appropriate professionals related to your individual circumstances. All lending is subject to review and approval.

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