FINANCIAL & LEGAL FAQS
01.
Do I need a lawyer and accountant?
Yes. Buying or selling a practice involves legal and financial complexity. We collaborate with experienced professionals to ensure the process is coordinated and decisions are well-informed.
02.
How long does a typical transaction take?
Timelines vary widely depending on preparation, financing, negotiations, and due diligence. We help set realistic expectations and keep the process moving efficiently.
03.
What if I receive an offer unexpectedly?
Unexpected offers can be flattering, but they shouldn’t be accepted without context. We help dentists evaluate offers objectively and understand what they may be giving up by moving too quickly.
04.
What is due diligence and why does it matter?
Due diligence is the process of verifying financial, legal, and operational details. A thorough approach protects both buyers and sellers from future issues.
05.
Can deal structure affect taxes and liability?
Yes. Asset vs. share sales, payment terms, and earn-outs all have legal and tax implications. Coordination with legal and accounting professionals is critical.
06.
What happens if issues are discovered mid-process?
Issues aren’t uncommon. The key is addressing them transparently and early so expectations can be reset or decisions reconsidered.
GIVE YOUR PRACTICE THE ADVANTAGE APPROACH
Working with Advantage Approach means partnering with advisors who take the time to understand your goals, your practice, and the decisions in front of you. We bring clear market insight, thoughtful strategy, and a commitment to transparency, so you can move forward with confidence.
Our approach is personalized, collaborative, and grounded in long-term thinking. By combining accurate analysis, professional coordination, and honest guidance, we help ensure each decision supports both your professional and personal objectives.