Most dental practice exits are reactive. An offer arrives, or a health event forces the issue, or the owner hits a point of professional fatigue and starts looking for a way out. The transaction happens under time pressure, with preparation that was done in a hurry, and the outcome reflects that.
T...
EBITDA. You'll see it in every DSO letter of intent. You'll hear it in every M&A conversation. And if you ask most practice owners what their EBITDA actually is, you'll get a shrug and a rough number that's almost certainly wrong.
That's not an insult — it's just the reality. EBITDA is a financial ...
I've had this conversation a hundred times. A practice owner tells me they're "pretty sure" they're making money on their PPO contracts. They're staying busy, the schedule is full, and the collection numbers look reasonable. Everything seems fine.
Then we sit down and actually run the numbers. And ...
Every dental practice owner gets a number eventually. It might come in the form of an LOI from a DSO. It might come from a broker during a preliminary conversation. It might be a figure your accountant throws out at year-end as a rough estimate of what your practice is worth.
The question isn't whe...