Transition
Does additional opportunities for growth or a retirement strategy sound appealing to you? Whether you are looking to expand or deciding on an exit approach for your practice, Patterson Dental—Chris Pitcock is here to provide the expertise you need.
What We Do
We are pleased to provide you with comprehensive transition services to fulfill your practice transition vision including:
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Vision Statement: Document outlining what the transition process will look like for all parties involved.
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Associate Recruitment Service: Only in certain situations, we aid you in the screening process for a suitable candidate.
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Letter of Intent: A brief summary specifically stating the agreed-upon plans including business, finances, and legalities.
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Closing Documents: Drafts of any Purchase Agreement, Equity Agreement, or Partnership Agreement to undergo legal review.
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Employment Agreements: Covering the time period from another associate joining your practice leading to a full transition.
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Financial Analysis & Transition Plan: Hypothetical scenarios on how to go about the transition with both doctors involved.
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Practice Valuation: Establishing the terms of the purchase of your practice.
Your Transition Team
With every step of the process, we keep you involved with complete transparency from early drafting for financial outlines to performing a thorough practice valuation. Our highly experienced team of advisors analyzes, plans, documents, and coaches you along the way.
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Transition Strategic Advisor
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Transition Consultant
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Senior Financial Analyst
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Valuation Specialist
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Associate Placement Manager
- TRANSDENT: Website specializing in finding the perfect associate for a smooth practice transition
Do You Need an Effective Practice Transition?
If you are in a “transition” mindset or just need support finding the right strategy for you, we are here to help. We work with MercerTransitions, who has over two decades of experience to get the best results for all clients. Contact us today to learn more!
