Articles

An Exit Strategy for the Solo Dentist: The Three-Phase Plan

This article was published by Dentistry iQ, the web's most comprehensive resource for dental professionals.

Co-Author: Philip M. Bogart, Esq.

Unfortunately, dentists are not immune from the tough economy and down stock market. As a result, many dentists have postponed their retirement plans or suspended indefinitely any efforts to implement exit strategies. Planning ahead is key; it is never too early. But, it can be too late if you don’t start the process early enough.

Of course, there is no “one-size-fits-all” succession plan. This article will present a general discussion of one potential succession plan that a solo dentist may consider as he/she contemplates retirement and the eventual sale of his/her dental practice.

Read more here.