November 22, 2023 • 23 mins
Ever wondered what drives a dentist to sell their practice and how they choose the right buyer?"Financial Flossing with host Ross Brannon and features guest Sharmyn Long Olivares from Wingspan Transitions. With over 30 years of experience in dentistry, starting as an RDA at 15 and then becoming an RDH by 19, Sharmyn has been a pivotal figure in the dental industry, especially in practice transitions.Key Takeaways:✔️ Legacy Over Profit: Sharmyn explains why many dentists prefer selling to private buyers, focusing on their practice's legacy and patient care.✔️ Seller Motivations: Different motivations between dentists selling to DSOs and private buyers are highlighted, emphasizing control and passion for dentistry.✔️ Market Trends: Recent increase in transactions and rising practice prices in the private buyer market.✔️ Maintaining Performance: The importance of keeping dental practices high-performing during the sale process.✔️ Strategic Location Choices: Sharmyn advises on the benefits of choosing practice locations outside high-cost areas.Tune in for more insightful episodes of Financial Flossing with Ross Brannon.Visit the website: https://wingspantransitions.com/Learn more about your ad choices. Visit megaphone.fm/adchoices
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