What Went Wrong Wednesdays: My Restrictive Covenant Was Too Restrictive

Posted by Dr. Suzanne Ebert on 9/4/19 7:05 AM

Welcome to “What Went Wrong Wednesdays,” a series in which we explore common problems of practice transitions – and offer tips to help you avoid them.

Many dental contracts include some version of a restrictive covenant, also called a non-compete clause. These clauses prohibit an employee from practicing within a specific geographical area (typically a defined radius) for a certain period of time after leaving a practice. These covenants generally also have a non-solicitation clause that will bar an associate from directly soliciting the employer’s patients or other employees.

This clause helps protect an owner dentist from competition – but it can also limit an associate’s career movement.

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Topics: incoming dentist, retiring, owner, associateship, purchase a practice

Come Talk Transitions at the ADA Annual Meeting

Posted by Bree Simmers on 8/27/19 1:34 PM

ADA FDI 2019 is a great place to think about your career path. You can earn CE credits, hear best practices, and network with fellow dentists. Our ADA Practice Transitions team will be on site and ready to share the knowledge and resources you need for future success.

We recommend stopping by these sessions to talk transitions with us!

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Topics: retiring, owner, looking for a job, purchase a practice

Shhhhh, I’m Selling My Dental Practice

Posted by Bill Robinson on 8/6/19 7:00 AM

There is a widely-held belief in the dental industry that confidentiality is essential when a dentist decides to sell their practice. This idea is heavily promoted by dental brokers and has been embraced by many dentists. In fact, some dentists report that they had little to no contact with the buyer of their practice until they closed the transaction.

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Topics: confidentiality, retiring, owner

What Went Wrong Wednesdays: 3 Contract Issues that Got Expensive

Posted by Dr. Suzanne Ebert on 7/24/19 4:09 PM

Welcome to “What Went Wrong Wednesdays,” a series in which we explore common problems of practice transitions – and offer tips to help you avoid them.

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Topics: incoming dentist, retiring, owner, associateship, purchase a practice

5 Easy Ways to Boost Your Practice’s Curb Appeal

Posted by Dr. Suzanne Ebert on 7/17/19 7:15 AM

A practice needs a certain curb appeal to attract buyers – just like selling residential real estate. However, a practice’s curb appeal extends beyond its physical appearance. Buyers want a well-run practice that makes a consistent profit.

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Topics: retiring, owner

4 Options for Expanding Your Practice

Posted by Dr. Suzanne Ebert on 6/26/19 7:45 AM

Your practice is growing. Maybe you want to work fewer hours or maybe you are thinking about retirement.

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Topics: expanding, owner

Don’t Settle: Identify the Ideal Practice for You

Posted by Dr. Suzanne Ebert on 6/24/19 10:48 AM

There’s no such thing as a typical dental practice. They can range from homey rural offices to busy urban spaces, with everything in between.

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Topics: incoming dentist, associateship, purchase a practice

6 Ways to Get Staff Buy-in for Your Practice Transition

Posted by Dr. Suzanne Ebert on 6/24/19 10:35 AM

Your staff can make or break your practice transition. Change can be scary. Your long-time staff may be apprehensive about the future of the practice – after all, the practice provides their livelihoods, too. However, you can take steps to reassure staff and gain their buy-in. When staff is on board, they can be your biggest advocates and streamline the transition.

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Topics: retiring, owner

You Decide: Choose the Best Option for Your Career

Posted by Dr. Suzanne Ebert on 6/21/19 11:50 AM

Looking for your next dental job? Whether you have recently graduated from dental school or have a few years of experience, you have plenty of options.

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Topics: incoming dentist, associateship, purchase a practice

Your Information, Your Timing: How We Keep Things Confidential

Posted by Dr. Suzanne Ebert on 6/18/19 4:24 PM

We understand how important confidentiality can be as you go through a career transition. If you are a practice owner, you may not be ready to share this information with the rest of the dental community quite yet. Keep in mind that the transition can be smoother if time is taken to prepare and involve your staff before the sale. If you are looking to purchase or change positions, you may not be ready to inform your current employer of your plans. We understand these scenarios and will keep everything fully confidential until YOU decide it is time.

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Topics: confidentiality, incoming dentist, retiring, owner

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