If you will be putting up dental practices for sale, you will need to spend some time preparing and making decisions during this process. Whatever your reason for selling is, make sure you make the process as smooth as possible for yourself. One of the things you can do is decide between hiring a broker or going for a private sale. If you aren’t sure where to begin in deciding, this video will teach you what you need to know about each choice.
If you hire a broker, they will first conduct an evaluation of your practice to identify an assessment of its value. A private sale will not go onto the market. There are several advantages to hiring a broker due to the practice going on the market because it will help you get the highest price possible. The video will go through the pros and cons of each option. It will also discuss how this pertains to corporate dentistry.