Learning More About Practice Transition
Learning More
To best way to learn more about the ins and outs of transitions is to attend one of the Collier, Sarner & Associates, Inc. Practice Transition Seminars. These are offered several time throughout the year. Dr. Seller and Dr. Buyer often attend these seminars together in order to learn what is fair and appropriate.
The seminar will cover the pros and cons of the various issues from each side's point of view. This is a no-nonsense, intensive course which will include such topics as:
- How to recognize the common blunder doctors make of giving away the first half of a practice when they think they are selling it to a new partner. From the junior partner's point of view, how to recognize when you are getting a tremendous bargain.
- Are you ready to retire?
- How to value a practice.
- Personal vs. Corporate Goodwill.
- How to save taxes on the sale or purchase of a practice or when taking or becoming a partner.
- What happens to a corporation at retirement?
- What happens to a doctor-owned office building at retirement?
- How to avoid major blunders in group practice buy-sell agreements.
- Fair compensation techniques among partners.
- Taking benefits out of a retirement plan.
- Stretching IRAs to the next generation.
The seminar is 8 hours. Depending on location, this seminar is covered in one full day or two half-days. Collier Sarner is accredited through the Academy of General Dentistry (AGD) and you can receive 8 CEU credits from this course. Call 888-888-4840 or visit www.csanews.com to learn more.