North Texas Dentistry Convention Issue 2014 | Page 43

practice. They were afraid to broach the
subject with their father for fear the
father would view it as a threat to his
future, rather than for the good that can
be derived from a properly planned practice transition. Many times, the father
and son broke off the discussion during
negotiations that became adversarial
after being ill-advised by their respective
attorneys and accountants, resulting in
ill feelings and even total alienation. This
does not have to happen to you.

Using an informed and unbiased third
party to initiate and finalize a transaction
of this kind can prevent these problems
from ever arising. Knowledge and experience is required to complete a transaction to both parties satisfaction. Both
parties deserve and expect a fair and
equitable arrangement. Only a qualified
Transition Specialist eliminates the
uncomfortable position of “negotiating”
with a close relative, facilitates the
smooth transfer of patients and practice
to that relative, and allows for peace to
be maintained in the family.
Richard V. Lyschik,
DDS, FAGD is one
of AFTCO’s leading
innovative Senior
Analysts and has
helped more than
2,900 dentists in
associating, buying,
expanding, or merging and guided older,
disabled and/or “burned out” dentists to sell their
practices. Dr. Lyschik’s clients have seen the considerable benefits of incentive programs, pension
funding plans and increased productivity through his
guidance. There is no substitute for experience in
this business. Who better could you choose to talk
to about your future transition plans than a seasoned fellow dentist, a recognized premier transition
expert, and AFTCO Analyst of the Year Award winner? Check out the impressive AFTCO website at
www.AFTCO.net, then call for a free appraisal and
a no-obligation consultation with Dr. Lyschik at
your office or the AFTCO office in Dallas, TX at
[phone] or 1-800-232-3826.

www.northtexasdentistry.com

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