All You Need to Know About Practice Transitions

It's never too early to start planning the next stage of your career.

Don’t miss the opportunity to start planning for your future and maximizing the value of your practice today. This program will give you a solid foundation for what you need to do to prepare your practice for transition.

Course Objectives:

The importance of developing an Emergency Exit Strategy
Key elements that should be included in an associate agreement
Practice Valuations and what factors have the most impact on value
How to increase your value through practice enhancements
Is a Buy-In/Buy-Out a good transition option?
Understand common methods for sharing partnership income
Avoiding pre and post retirement pitfalls
Income planning and impact of 8%
AND MORE!

HEAR FROM INDUSTRY EXPERTS:

Ben Stone Bank of America Practice Solutions Vice President Ben has been with Bank of America Practice Solutions since June 2012. He began working with the Midwest dental division in May of 2015 with a focus on dental practice acquisition opportunities in the region. Ben strives to educate doctors on approaching their oncoming debt to reach solutions that best suit both their professional and personal goals. He then focuses his attention on keeping the clients personal goalsin mind while developing a comprehensive solution customized to each customer to optimize their oncoming debt.

Dr. Joseph McManus DMD, MS, MHA, MBA, MS, FACD Dr. McManus has practiced pediatric dentistry for over 25 years and is now a consultant for Henry Schein Professional Practice Transitions. He served as a Clinical Professor of Dental Medicine at Columbia University College of Dental Medicine and as the Director of Practice Management. With a degree in pediatric dentistry from the Children’s Hospital of Philadelphia and four masters’ degrees, Dr. McManus has lectured at many dental schools and national dental meetings on practice transitions.

Michael Kamp Henry Schein Professional Practice Transitions Michael Kamp is a dental practice transition consultant and has been the Regional Manager for Henry Schein Dental since 2008. Michael has represented many transitions in Indiana over the years and is passionate about helping dentists navigate through the transition process and plan for their futures.

Jacob Knott Private Wealth Relationship Manager Merril Lynch Jake works with clients to deliver an integrated family office experience for successful families and individuals since 2006. The Gregor Private Wealth Group at Merrill Lynch, of which Jake has been a member for 13 years, has been serving clients in this capacity since 1985.

Cindy Schonert Henry Schein Professional Practice Transitions Cindy Schonert has a career in dentistry that spans over 30 years. From dental assisting, dental software training and PracticeManagement with a focus on Transitions, she has had an exciting opportunity to experience the same aspects of a dental office as eachteam member does on a daily basis. Working in both the clinical and business aspects of dentistry has enabled Cindy to understand theunique challenges that both areas face. Cindy's experience and enthusiasm for dentistry, as well as love of people, has enabled her tooffer concrete solutions to the daily stumbling blocks many dental practices encounter.