Transition Talk

It’s not easy to cultivate a successful dental partnership. With years of experience working with dentists, Cain Watters & Associates CPA and Partner David Forbess returns to Transition Talk to offer his expertise and discuss real-life examples of conflicts in partnerships. Together, David and Christy illustrate the importance of starting the conversation before the worst-case scenarios take shape...

While dental students may be hesitant to jump into practice ownership, the transition can many times be easier than they think. In the final episode of this three-part series, Christy and Charles continue to offer an optimistic approach and answer students’ most asked questions about ownership. They discuss student loans, corporate sales, work-life balance, advice for recent graduates and much mor...

The path to practice ownership can seem daunting, especially for dental students whose core focus has recently been on the clinical aspects. In part two of this three-part series, Christy and Charles help alleviate the concerns and answer students’ most asked questions about practice ownership. They touch on topics such as red flags to be aware of, how to identify a healthy business, the “dating p...

As dental students prepare to kick off their careers and consider owning a practice, planning their next steps after dental school can feel overwhelming. Christy and Charles answer students’ most asked questions about practice ownership, touching on topics such as the stress that comes with ownership, developing confidence as an owner, leading a team and much more.

With money, effort and time put into a dental practice, owners want to know what their life’s work has amounted to and how they can increase their overall practice value. Recorded live at the Cain Watters & Associates Annual Meeting, Charles and Christy teamed up with the co-hosts of the Accumulating Wealth Podcast to weigh in on the question that’s on every practice owner’s mind, “What’s my denta...

When you begin to consider selling a portion or all of your practice, it's normal to wonder how long it typically takes to close the deal. While there is rarely a standard start-to-finish timeline, Christy and Charles show that numerous factors can affect the timing, from the type of practice and buyer, financial and emotional variables to even a little luck.

While the idea of selling a portion or all of your practice can feel complex and intimidating, asking the right questions early and equipping yourself with the proper insight can help provide a clear path. Christy and Charles discuss the top questions on sellers’ minds as they begin the selling process and how they can acquire the answers.

While the idea of purchasing a dental practice may lead to trepidation and fear, asking the right questions and stocking yourself with the proper knowledge can help ease the emotions. Christy and Charles discuss the top questions on buyers’ minds as they begin the purchasing process and how they can track down the answers.

Which business structure yields the most advantages for both the buyer and seller? Which structure will set the dental partnership up for success? Although one type may be easier to set up, which one has the most long-term benefits? Cain Watters & Associates Financial Advisor David Forbess joins this episode to dive into the answers and discuss the pros and cons of the various business structures.

Three or more owners in a dental practice can lead to a prosperous business, but won’t be short of bumps along the road. This episode explores the advantages and disadvantages of a group practice, illustrating the skills required to cultivate a thriving partnership.

The same factors that make your dental practice unique can cause the valuation process to be more complex. Charles and Christy welcome Senior Valuation Analyst Dawn Whitehurst on the episode to provide her insight and walk through several real-life examples and situations.

When preparing to sell a dental practice, sellers need to make sure the proper pieces are in place before welcoming in a buyer. In this episode, Christy and Charles cover transition timing, financial plans, valuations and other items to consider before forming a plan of action.

Although it’s not the easiest path to ownership, we know there are times when a start-up just makes sense. Tune in to this episode for some start-up tips and resources to get better informed on if this is the right path for you. Christy and Charles discuss several considerations, such as determining your location, driving new patients and assembling your team of resource providers to help you alon...

If you’re looking to purchase a dental practice, it’s clear you want to ensure that what you’re investing in is worth your money. While you may not want to overpay for a practice, this episode looks at the details and stories of three practices, illustrating situations where it may be worth a higher-than-expected price and those where it’s not.

What factors make for a “Don’t Mess This Up” opportunity versus a “Buyer Beware” opportunity? This episode speaks to the buyers out there, helping to identify the differences between the right and wrong practice opportunity. Tune in as we take a look at the financials, doctor work, real estate, location and other aspects to consider as you explore different opportunities.

The closing phase of a dental transition can be an exciting yet bumpy rollercoaster ride, filled with potential events that can throw you off course. From last-minute liens, letter of intent changes to landlord delays, this episode covers many potential events that can occur and offers insight to help you feel prepared for what might lie ahead.

Recorded live from the 2022 Hinman Dental Meeting, Christy and Charles catch up with client Dr. Anushka Amin to walk through her experience of buying her Atlanta area practice.

Recorded live from the 2022 Hinman Dental Meeting, we take on the seller’s perspective and list important considerations for doctors who are contemplating the idea of selling their practice or in the midst of the selling journey.

What do you want to accomplish this year as a dental professional? Whether you’re a current practice owner or you’re exploring ownership, this episode is packed with tips for optimizing your practice and planning a dental transition.

We take a look back at 2021, a widely successful year that caught many dentists off guard and offered reprieve after 2020’s uncertainty. How did practices react? Listen in to find out.

The office-sharing arrangement, where two or more independent practices operate out of one physical location, can bring on its own set of unique benefits and challenges. How do dental transitions play out when there’s an office-sharing arrangement in place? Tune in to find out!

Each dental transition comes with its own hurdles, and some may seem more complex than others. Listen in as we discuss three transition situations and provide real-life solutions, proving that it is possible to cross these roadblocks.

The geographical location of your dental practice can have a large impact on your dental transition. Whether the practice is in a rural or urban location can influence everything from the profitability to the timing of the transition. In this episode, discover other transition factors to keep in mind when it comes to geographical location.

Guest Dr. Gabe Duncan joins the podcast to tell his story of starting up his own successful dental practice. While he didn’t see ownership in his cards right out of dental school, his journey through associateship and his love of dentistry led him to a process that just “felt right.”

The site visit is a critical point in a transition diligence - its important for a buyer to know what the goals are and impress the seller...but its equally important for a seller to understand what their role is and what should and shouldn't be on the agenda! We talk about how your site visit may differ if you have lots of candidates or depending on where your practice is located. We of course br...