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WORRY LESS ABOUT YOUR PRACTICE TRANSITION

From the day you graduate dental school to the day of your retirement, your career will have many transitions. All of these transitions will require help from professionals who will understand. Benco’s Practice Transitions team is composed of experienced consultants who help both buyers and sellers make successful and profitable dental practice transitions.

Our team is led by Dr. Jim Clark. In his 30-plus year clinical career, he has done it all: creating, buying and selling multiple practices; merging his practice with (and later departing from) a DSO; working as a military dentist; and, prior to joining Benco, serving as an education specialist with a prominent implant manufacturer. It seems that no matter where you are in your career, Dr. Clark has likely been there too and has developed a knack for helping people figure out how to get to whatever goal is next.

Our transition solutions include: dental practice sales and brokerage, partnership formation, transition planning and associate placement. Reach out to our team today to get started!

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We partner with the leaders in practice transitions to help you make the right connections.

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Every customer transition is unique, and our consultants have the hands-on expertise and passion for your success to provide tailored advice.

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There’s no charge for consultation services, and you’ll have direct access to your consultant at the times you need us most.

STAGES OF YOUR DENTAL CAREER

  • EARLY CAREER

    When starting your career, it’s common to have questions such as: should I join a group practice, buy an existing practice or start my own? Will school debt and credit history impact my ability to borrow money? Should I consider practices offering employment only, or those offering future ownership?

    Benco’s Transitions team will help you identify short and long-term goals, assess your current situation, offer recommendations and help you get on the path to success.

  • MID CAREER

    Don’t think the critical decisions have ended by this stage. Some common questions that often get asked at this stage are: will I bring on an associate or a partner? Do I want to purchase additional practices?

    It’s also important to have an exit strategy in place especially if you are a solo practitioner. We can help you get a practice valuation and assist with other crucial steps in the event of an emergency.

  • RETIREMENT

    It’s smart to plan an exit strategy and know when it’s the right time to sell. Benco’s Transitions team can help you create a strategy to ensure the maximum value of your practice while meeting your goals.

WHAT DOES A PRACTICE TRANSITION LOOK LIKE?

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Practice Valuation
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Finding a Buyer
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Offer to Purchase
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Financing
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Real Estate Sale or Lease
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Documentation and Due Diligence
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Closing

HOW CAN OUR PRACTICE TRANSITIONS TEAM HELP YOU?

FIND A
DENTAL PRACTICE FOR SALE

Our consultants will make sure you are buying the right practice at the right time and price, that your finances are in order for a smooth transition and that you are entering into the right type of buying agreement.

When buying a dental practice, it’s recommended to work with experienced professionals for a successful transition. Important things to take into consideration when buying a practice are your credit profile, cash on hand, assets and existing liabilities.

LIST MY
DENTAL PRACTICE FOR SALE

Benco Dental has helped dentists in all 50 states find the right buyer for their practice and complete a successful transition. Dr. Clark was a dentist himself and understands your needs.

From the moment you list your practice for sale, we are with you from start to finish. We know your practice is more than just a financial transaction, which is why we work hard to find the right buyer for your practice.

CO-OWNERSHIP

Partnerships can be complicated, but we can help make mergers and partnerships less scary! Our team is very knowledgeable with all of the options involving partnerships such as buy-in strategies, compensation plans, profit sharing and more.

Don’t let the fear and stress of partnerships and mergers prevent you from taking your practice to the next step.

 

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WHAT YOUR COLLEAGUES ARE SAYING ABOUT BENCO’S PRACTICE TRANSITIONS TEAM

“He is a super nice guy and very knowledgeable. Originally looking for young doctor to buy practice. Jim told me more in 10 minutes than anyone ever has. Felt the best I have in 9 months. First thing he asked is what I wanted; and that was to protect patients and staff. Immediately gave 4-5 suggestions of what to do and he can see all the angles & understand everything. I have a wealth of confidence in that man. Easy to like and easy to talk to. Such an appealing person. Came up with things that I never thought about. Looking forward to meeting him in person one day. Every time you get off the phone with him you just feel better”.
-Dr. Clark Sparrow, DDS Towanda, PA

“He has been terrific. Really knows his stuff and really knowledgeable. It is like having a good friend help you out and became friendly with him. You can tell he cares and is concerned with your situation. He will call back immediately when you reach out. I was thinking about buying a practice. It was a very difficult situation, but with all he knew, he was able to help me. He made whatever I was doing much comfortable to handle”.
— Dr. Neil Stearns D.M.D Implant & Restorative Dentistry

 

“He has been fantastic. Been a lot of help. Used his guidance for a lot of things regarding my practice. Very happy with Benco Transitions and Dr. Clark”.
— Dr. Anthony Pittelli D.M.D Family & Cosmetic Dentistry

PRACTICE TRANSITIONS RESOURCES

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[WEBINAR] BUYING OR SELLING A DENTAL PRACTICE
DURING COVID-19 AND AFTER

Watch Recording