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Generally, the buyer’s biggest fear is that he will not retain the seller’s patients after the closing, yet be straddled with huge acquisition debt. The manner in which the transition is handled can cause the buyer financial hardship, or create an environment for the buyer’s success. Here are our 13 tips that will assure a smooth transition of seller’s patients to buyer.
When dentists retire from a group practice, it presents interesting challenges for the retiring dentist, and for the remaining dentists.
For the young dentist buying a dental practice is one of the most important career decision one can make. It provides a golden opportunity to practice independently and achieve financial success as well.
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Testimonials
I have recently had the pleasure to have Jean Fallago of The ALmonte Fallago Group represent me in the sale of my dental practice and real estate. She is very knowledgable and did an outstanding job and made the negotiating of a complex situation occur quickly and effectivly. I would definetly recommend Jean to anyone looking to transition.
Domenic N. Angelini DDSQuincy MA
"Selling a dental practice is at times a stressful, emotional rollercoaster ride. Jean and Paul Fallago provided the expertise and hand holding that was critical during the entire process. I highly recommend them for anybody considering this phase of their professional career."
Ernest Corner, DMDWarwick RI
I would urge anyone to utilize Jean Fallago and her team, whether you are selling, looking to acquire an office for expansion or if you are ready to dive into private practice for the first time. Jean will be sure to match you up, so that your future success will be certain and stress free.
Dr. Koutros
Elias Koutros DDS
As a buyer, I cannot thank Jean enough for what she did for me during what could have been a challenging process. She provided clear guidance and recommendations for my partnership buy-in which itself can be harder to tackle than others. I would recommend Jean to my colleagues without any hesitation.
Rui Ma DMD
Jean made what we had anticipated to be a very stressful event totally stress free. She was accessible 7 days a week and guided us every step of the way. She is a true professional.
John Carrocia, DDS & Elizabeth Carrocia DDSCranston RI
"I must commend Jean and Paul Fallago in the sale of my practice and of the real estate that accomompined it. Some routine obstacles arose during the selling process but were quickly resolved through the firm's efforts. The actual transition after the sale has been seamless. A great deal of time was spent with the potential buyers to ensure that the dynamics of personalities involved and philosophies of practicing dentistry were compatible.
In summary, Jean and Paul exude confidence in the transition process and were a tremendous asset to me."
Mark DiLoretto DMDNew Britian CT
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