Would you (or have you) meet with a transition specialist before selling your practice? |
63 total votes |
|
65% |
Yes |
|
35% |
No |
|
|
Which best describes your current office? |
33 total votes |
|
15% |
New practice (less than five years old) |
|
39% |
Recently remodeled/renovated |
|
45% |
Needs some updating |
|
|
If you sold your practice, would you want to continue working there after the sale? |
33 total votes |
|
30% |
No |
|
52% |
Yes, primarily to help with the transition |
|
18% |
Yes, primarily for the money |
|
|
What aspect of your practice most needs an update? |
26 total votes |
|
15% |
Exterior (signage, paint, etc.) |
|
35% |
Interior (lobby, furnishings, etc.) |
|
50% |
Clinical (technology, instruments, etc.) |
|
|
Would you ever sell your practice to a DSO? |
33 total votes |
|
55% |
Yes |
|
45% |
No |
|
|
Have you had your practice appraised in the past five years? |
33 total votes |
|
45% |
Yes |
|
55% |
No |
|
|
Have you ever worked with an ADA Advisor? |
33 total votes |
|
0% |
Yes and the experience was beneficial |
|
9% |
Yes but the experience was not helpful |
|
55% |
No |
|
36% |
I was unaware that ADA offered this service |
|
|
What is your goal retirement age? |
32 total votes |
|
13% |
Under 55 |
|
47% |
55 to 65 |
|
38% |
65 to 75 |
|
3% |
I'll practice until I drop! |
|
|
True or false: A lawyer or other legal representation should be standard for any practice transition. |
34 total votes |
|
82% |
True |
|
18% |
False |
|
|
If you've had a comprehensive practice valuation, how did the number compare to your estimate? |
33 total votes |
|
9% |
The valuation was lower than my estimate |
|
15% |
The valuation was higher than my estimate |
|
33% |
The two numbers were comparable. |
|
42% |
I've never had a practice valuation done. |
|
|