Articles

I had enough of being the boss, stressed and worrying about paying bills and staff. The whole idea was to sell the practice, work less and travel more …My partner and I teach dancing and have a dance studio; we also teach dance at nursing homes and on cruise ships.

For every good practice that Practice Sale Search has for sale in one of the state capitals, we have many buyers competing with each other to submit a winning bid.

Great interview with one of our vendors, Michael Levitt, who sold his Sydney CBD practice through PSS in 2019. He's found the perfect work-life balance, where he's still loving practicing dentistry, but without the responsibility of ownership.

"We wanted to concentrate more on what we like most, to mentor and pass our combined 35-year experience and knowledge on to the younger generations. The practice is our baby and, although we have handed it over, we are still nurturing it."

When a dentist practice owner is in the last 10 years of their career, the decision of when to sell looms over them. Selling now or selling later can have a big impact on how the practice owner can fund their retirement.

Thanks to Bite Magazine for interviewing Simon for their article about how to avoid the common pitfalls when buying a dental practice.

Despite the best of intentions, even once the framework of a practice sale is agreed, it is often still very hard to predict the exact date that a deal will settle. Even with the buyer and seller doing all that they can to prioritise and expedite the deal, a transaction can be at the mercy of the availability and circumstances of many other people’s lives, including:

The devastating bushfires that took place over last summer have become a distant memory for many people, as have the courage and sacrifices of the Volunteer Firefighters. We interviewed Dr Richard Warren a few months ago, one of our dentist vendors from 2019, for our “Life After” series and found that he is one of the volunteers who spent much of the fire season on call and in the field, working tirelessly to save homes, businesses and wildlife. We owe volunteers like Richard a lot!

There is a famous Brothers Grimm story about a princess who found her prince by kissing a frog. From this story, the saying "you have to kiss a lot of frogs to find a prince" has come into common use, as a way of saying that the pursuit of any prize may take multiple attempts.

So happy to be able to help YWAM with this acquisition. Sounds like it will make a massive difference in the oral health of PNG school kids!