How Will You Preserve Your Legacy?November 8, 2023 by AACD Executive OfficeIn the dynamic landscape of dentistry, the value of understanding the true worth of your dental practice and planning a strategic exit cannot be overstated. Whether you're nearing retirement or envisioning a future transition, the intricacies of your practice's genuine value and the process of succession planning require attention. Failure to recognize and address these critical aspects could mean the difference between a flourishing legacy and the demise of a once-thriving practice. To navigate these challenges, join us for a groundbreaking lecture led by seasoned professionals, Dennis J. Wells, DDS, AAACD, and Daniel R. King, JD. They are set to unravel the complexities that many dentists overlook in valuing their practice, highlighting the pitfalls of undervaluation and the nuanced challenges involved in the sale and transition of modern dental practices. The goal? Equipping attendees with strategies to secure both their professional legacy and financial stability. What You'll Learn:Recognizing the Hidden Value: Delve into the core issues of dental practice valuation, including the unique challenges faced by practices with an aesthetic emphasis. Uncover the dangers of undervaluation and the repercussions of not knowing your practice's worth. Seamless Transitioning: Gain insights into the challenges encountered during the sale and transition of dental practices in today's market. Discover effective strategies for a profitable and smooth changeover. Strategizing for the Future: Equip yourself with proactive measures to enhance the longevity and value of your practice. Ensure you don't miss opportunities to strengthen its legacy and financial prospects. This course isn't just for those eyeing retirement. It's for every dentist seeking to solidify their practice's future, ensuring its continued success and fortifying their financial stability.Who Should Watch This Lecture:
Seize this opportunity to fortify your dental practice’s foundation and secure its future prosperity. Join Dr. Dennis J. Wells and Attorney Daniel R. King as they equip you with the tools and knowledge you need for a successful transition.
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