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In this episode, Dr. Block is privileged to host Scott Clements, Founder of Dental Data Solutions, for an in-depth discussion on selling your practice to a DSO. Scott shares insights into their unique approach compared to traditional dental brokers, guides listeners through understanding practice valuation, weighs the pros and cons of selling to a DSO versus a local dentist, offers strategies for increasing practice value, outlines the steps involved in selling to a DSO, and clarifies the timeline for completing a practice sale.
Whether you’re considering a practice sale or seeking to maximize practice value, this episode delivers invaluable insights. Join us as Scott Clements shares expertise on selling your practice to a DSO, guiding listeners through the complexities of practice transitions in the dental industry.
Episode Timestamps
- 00:00:13 – Introduction to the Stress-Free Dentist Podcast
- 00:00:30 – Resources for dentists
- 00:00:56 – Book your complimentary marketing strategy meeting
- 00:01:23 – Introduction to the episode
- 00:01:49 – How Scott Clements got involved in dentistry
- 00:03:51 – How Scott’s company differ from traditional dental brokers
- 00:06:55 – How to figure out the value of your dental practice
- 00:08:18 – Pros and cons of selling your practice to a DSO vs. a local dentist
- 00:10:52 – What are the ways to increase the value of your practice
- 00:13:41 – Steps of selling your practice to a DSO
- 00:20:48 – How long does it take to sell a practice
- 00:22:16 – Advice for young dentists
- 00:24:15 – How to find out more about Scott Clements
- 00:24:51 – Outro
Resources