Practice Transition & Transition Consultant – What are they and why should I care?

What is a practice transition? What is a transition consultant? These are questions I frequently get from people outside of the dental and veterinary communities. However, even those in the industry wonder what it is that I do and why anyone would want to hire me. The simplest explanation of a practice transition is the movement of ownership of a practice through a practice sale, merger, or partnership. This transition can be immediate, deferred, or incremental. Transitions can take many forms and be done many ways. The most common is a version of what’s called a “walk-away” sale in which ...
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