959. Know Your Number

In this episode, Dr. Killeen discusses what to do when a DSO or private equity group approaches you about buying your dental practice. His advice is to take the call, not necessarily because you want to sell, but because an unsolicited offer can give you valuable insight into what the market thinks your practice is worth. Before that conversation, know your ideal selling price, understand what you would be giving up in terms of control and independence, and have a plan for what you want to accomplish if you decide to keep the practice. The key is to decide what a sale would need to look like before an offer is on the table, so you can evaluate it with clarity rather than emotion.