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Legal & Business Planning Articles
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Negotiating Your Lease Letter of Intent: From Heartache to Triumph
by Patrick Wood | Published 03/29/2010 | Legal & Business Planning : Dental | Practice Acquisition & Start-Up : Dental
Put down the pen! Before you sign the letter of intent for your dream office, it’s important to closely examine what you are about to sign. Like the sirens of Greek mythology, the letter of intent is written to ensnare you before you fully understand the consequences. Below are the areas you need to watch out for to ensure you complete a favorable lease agreement.
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Purchase Agreements: More Than Meets The Eye
by Robert Blass | Published 08/20/2007 | Practice Acquisition & Start-Up : Dental | Legal & Business Planning : Dental
Purchase agreements do not make for sizzling summer reading, but they go a long way to providing legal protection when buying a dental practice. Not surprisingly, doctors tend to focus on purchase price and basic business terms. But purchase agreements also address many less obvious, but equally important, legal issues.
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How Your Office Lease Can Affect The Value of Your Dental Practice
by Patrick Wood | Published 04/05/2010 | Legal & Business Planning : Dental
We have all heard a colleague or friend declare, “My landlord is the worst!” However, many dentists are unaware that even the best landlord may be waiting for you to sell your dental practice (or attempt to sell) before revealing what truly lurks in the lease you signed when you began your dental practice.
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Plan Now for the Practice You Want Tomorrow
by Linda Valencia | Published 08/06/2008 | Legal & Business Planning : Dental
After all the time, effort and money that you’ve put into your dental education, at last you are ready to start building the practice you waited for - and living the life you anticipated.
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Maintaining Practice Value From Day One
by Dan Lewis | Published 10/15/2007 | Legal & Business Planning : Dental
Even if your retirement is ten or twenty years away, it's never too late to start viewing your practice through the eyes of a future buyer. By continually evaluating and growing the value of your practice, you will ensure that, when the time comes to sell, your practice will yield the highest price.
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Associateship to Buy-in: The Importance of Written Agreements - Part 1
by A. Lee Maddox | Published 07/02/2009 | Legal & Business Planning : Dental
Dentists associating with owner-dentists have become more prevalent in recent years than has been the case in the past. The number of dentists graduating from dental school, the increased overhead costs of operating one’s practice, the rigor of starting a practice from scratch and the increasing difficulty of obtaining total institutional financing to purchase dental practices are all reasons for the unbridled growth of associateships.
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Associateship to Buy in: The Importance of Written Agreements - Part 2
by Maddox and Josselson | Published 07/02/2009 | Legal & Business Planning : Dental
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Positioning for Transitioning Case #1
by W. David Griggs | Published 07/02/2009 | Financing & Financial Planning : Dental | Legal & Business Planning : Dental
Strategies for Early, Mid & Late Career Doctors
Many dental practitioners think of practice transitioning as an event that occurs at the end of their career. But the truth is, with careful planning and positioning of your practice, you can find many opportunities throughout your career to enhance your profits and practice value through various transition strategies.
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Understanding Your Practice Appraisal
by Earl Douglas | Published 07/06/2009 | Legal & Business Planning : Dental | Financing & Financial Planning : Dental
When called upon to appraise a dental practice, appraisers must approach each assignment with the same principles.
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Positioning for Transitioning Case #2
by W. David Griggs | Published 07/02/2009 | Legal & Business Planning : Dental | Financing & Financial Planning : Dental
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Your patient base is changing. Are you?
by Virginia Moore and Debbie Castagna | Published 02/21/2013 | Practice Management & Marketing : Dental | Legal & Business Planning : Dental
The future of dentistry is changing as patients apply today’s shopping patterns to dental care. What might this mean to the future success of your practice?
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The articles and materials on the Wells Fargo Practice Finance Web site are provided for general information only and do not constitute, nor are they intended as, a substitute for consultation with accounting, tax, legal or other professional advisors. Wells Fargo makes no representation regarding the articles available in the Strategies for Success Library or the completeness or accuracy of the information contained therein. The articles and the information contained therein may be incomplete, may contain errors or may have become out of date. Wells Fargo makes no commitment, and disclaims any duty, to update any of the articles or materials in the Strategies for Success Library. The views expressed in the articles are those of the authors alone. They may or may not reflect the views or opinions of Wells Fargo.
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