A practice transition can be stressful for everyone involved. If you’re considering buying, selling, or valuing a dental practice, then you already know there are quite a few steps to go through.

And sometimes, all those steps can be so overwhelming that we don’t even know where to start or how.

As many of you know already, I’ve done it in 2021. I sold my practice, and I found out that there were many things I didn’t know I needed to prepare for the transition. 

But I don’t want you to make the same mistakes I did, which is why I invited a practice transitions expert on this week’s podcast.

My guest this week is the brilliant Kathy Lamont. Kathy is a passionate practice transitions coach with almost four decades of clinical business experience. 

She is able to leverage her experience in managing and coaching both private and DSO practices to optimize your clients practice transition outcomes. 

Today, she’s here to share all of her tips for a smooth and efficient practice transition.

Are you ready?

Let’s dive in.

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Key Takeaways: 

Introduction (00:00)

Meet Kathy (00:38)

How a dentist can prepare to sell their practice (01:46)

Let’s talk about the financial part (05:59)

Problems that come with practice transitions (09:37)

The job of a practice transitions coach (11:51)

Important things you need to know (22:12)

Quick Q&A (26:41)

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Additional Resources:

Learn more about Kathy’s work here: https://kathylamont.com/

For details on Kathy’s upcoming Mastermind Group for Dentists in a Transitional Practice Ownership Journey, email her at: info@kathylamont.com

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Are you ready to take your dental business to the next level? Register for my live event today at: https://superchargeyourdentalpractice.com/

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This podcast is sponsored by Dental Intelligence. Learn more at: https://www.dentalintel.com/

This podcast is sponsored by The Doc Sites, the leading provider of websites and online marketing for dentists. Find out more at: https://www.docsites.com/