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Professional Practice Associates, Inc. provides the following services:
- Brokerage and Appraisal Services
- Office Consultation
- Seminars
Practice Brokerage Services
The primary function of Professional Practice Associates, Inc. is to manage the sales of dental practices for doctors wishing to sell. Our firm will accomplish this task with the professionalism dentists would expect. We will work diligently to locate and qualify buyers by marketing your practice in the manner which best represents its attributes. As we have a good working relationship with firms who finance practice purchases, we are able to assist effectively with any necessary financing needs of the buyer. Our negotiating skills will prove valuable in accomplishing the sale of the practice, and we are ready to guide you in areas from writing the contracts, to the closing of the sale. Professional Practice Associates, Inc. is also pleased to work with dentists wishing to purchase a practice. We will help you find a practice fitting your ideals regarding location, size, growth potential, etc. Our firm will assist you, if you wish, in securing adequate financing with which to make the practice purchase. We do not charge any fees to buyers of dental practices. It is our sincere intent that our buyers succeed after the sale, and so after you have completed your practice purchase with Professional Practice Associates, Inc., our associates will offer to you and your new staff, a one and a half day of intensive "in office" consultation, relating to successful dental practice management techniques. There is no charge for this "exclusive" service.
Practice Appraisals
Professional Practice Associates, Inc. holds the strong belief that dental practice appraisals should be a service provided independently of the practice broker or his firm. This separation eliminates the possibility of the appearance of conflict of interests. There are excellent independent specialists in the field of dental practice appraising, who have no conflict of interest with Professional Practice Associates, Inc. as a brokerage, nor with Dr. Max Wilson. Professional Practice Associates, Inc. highly recommends the use of an independent appraiser, and we are happy to assist you in locating a qualified and certified independent dental practice appraisal firm.
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Office Consultation
Dr. Max Wilson is a member of the highly respected American Academy of Dental Practice Administration, and through his association with the Academy, and the evolution of his dental practice life, he has acquired a great deal of experience and expertise in the management of dental practices. Clients who have purchased practices with Professional Practice Associates, Inc. may take advantage of the uniqueness of our firm's "Full Service Brokerage," in that they have available to them, absolutely FREE, a one and a half day "in office" consultation with Dr. Wilson, or associates, providing dental practice management training for the purchasing dentist and his staff. Some areas covered in the consultation include:
- Effective Team and Patient Communication
- Maximizing the Use of Office Time
- Increasing Productivity and Profitability
- Appointment and Scheduling Control
- Recall Program Systems
- Techniques for Effective Collections
It makes sense that practices getting started in the right manner are more successful than those that begin with a minimal sense of direction or plan in mind. Professional Practice Associates, Inc. can help. Other Consulting services are available to practicing dentists experiencing problems within the operation of their dental practices. For those dentists who wish to take their practices to a higher level of performance, Professional Practice Associates, Inc. has consulting services for you too. Contact us for more information.
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Seminars
Professional Practice Associates, Inc. is pleased to provide seminars to groups of any size, regarding the many processes and considerations involved in the selling and buying of dental practices, from the appraisal process to the final purchase of the practice. Many dentists are only recently coming to grip with the fact that selling or buying a dental practice is one of the most critical, but often overlooked, areas of dental practice management. The alarming fact regarding our lack of preparedness as dentists, rests on the fact that very little has been made available to us relative to the subject of dental practice transition. As a result, we often face the conclusion of our professional practices unprepared. It is a fact that every practicing dentist, or the heirs, will deal with the transition of a practice at some time. Proper planning for transition and the appropriate action at the proper time, will prove to be the most profitable and beneficial to all those concerned. Professional Practice Associates, Inc. is privileged to provide specifically tailored seminars for you and your group, regarding the advantages, considerations and techniques involved in this extremely important area of the management of your dental practice. Buyers of practices may also benefit in discovering, through one of our specially tailored seminars, the important considerations necessary to succeed when beginning their own private dental practice. The acquisition and development of a dental practice is a giant step undertaken by every dentist in private practice. Some begin their practices far more successfully than others; Professional Practice Associates, Inc. can help you make good decisions through insight gained from our seminars.
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