North Texas Dentistry Volume 9 Issue 5 2019 ISSUE 5 DE | Page 35

the purchaser. Sellers like the monthly checks they receive when such an arrangement is implemented. Every year that passes without a merger is another year of unrecognized (or lost) income that could have been generated by your practice if you had completed a merger. A practice merger increases productivity, profitability and market share. By reducing competition, you prevent another more aggressive competitor from purchasing the seller’s practice and establish- ing a foothold in the purchaser’s market- place. Your income can increase by tens or even hundreds of thousands of dol- lars each year by merging a prac- tice into yours. Even if you find thoughts of retirement are beginning to surface, be reminded that such an investment increases the attractiveness of the practice for the next purchaser! You might be a candidate to buy and merge, or possibly even one to sell and merge, depending on your particular situation. Call us today to determine what is the right strategic fit for your first practice merger. We hold the secrets! Dr. Richard Lyschik’s practice transi- tion, staff training and doctor coaching services are customized for the single dentist, as well as the multi-practice owner and entrepreneur. His Dental Office Network Team has helped thou- sands of dentists acquire, expand, merge, and build from the ground up. Retiring, disabled, “burned out”, and relocating dentists have sold their practices with dignity and for top dollar. The Dental Office Network Team has broken numerous national sales records – just ask any major lender! The Practice Rescue Department additionally offers expertise with fraud detection, policy, and compliance issues, and has resurrected practices in demise. Our Practice Rescue experts have lectured across the coun- try on healthcare fraud to sold-out crowds. To discuss your practice’s future pathways, its income security, and your ultimate transition plans, or if you need expertise with a current critical practice related emergency, work only with a Premier Transition Spe- cialist; a seasoned dentist who “speaks your language.” Contact Richard V. Lyschik, DDS, FAGD, CFE at: [email protected], or call: [phone] BOOTH 932 www.northtexasdentistry.com | NORTH TEXAS DENTISTRY 35