
Maximizing Your Practice’s Value Before You Sell
Olympus Dental
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Maximizing Your Practice’s Value Before You Sell
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If you’re thinking about selling your dental practice in the next few years, taking steps to increase its value now can result in a higher sale price and smoother transition. Here’s how Olympus can help you make that happen:
1. Improve Financial Health
- Reduce overhead through vendor partnerships.
- Show consistent revenue growth in your financial reports.
2. Strengthen Patient Base
- Implement retention programs to show long-term patient loyalty.
- Focus on attracting high-value cases.
3. Enhance Operational Systems
- Document SOPs for all major processes.
- Ensure your practice can run without your constant oversight.
4. Leverage Olympus Network Benefits
- Use shared marketing, bulk purchasing, and strategic consulting.
- Position your practice as part of a respected network.
5. Polish Your Branding
- Refresh your website, online reviews, and office appearance.
- Create a positive first impression for potential buyers.
A well-prepared practice attracts better offers, giving you more options and negotiating power.
Sources/Resources:
- ADA — Selling Your Practice
https://www.ada.org - Dental Economics — Boosting Practice Value Before a Sale
https://www.dentaleconomics.com - Transition Consultants — Dental Practice Sales Prep
https://www.transitionconsultants.com