Merlin Consulting LLC
- Establish financial security for your dental practice
- Develop a clear vision for the future
- Develop a dental practice that ensures future growth and progress
Our services will provide you with the tools to become an elite practice in your community
- Dental practice valuations
- Dental practice associateships
- Dental partnerships
- purchase a dental practice
- Transitions
- Taxes
Transitioning Your Dental Practice
Merlin Consulting will help both established practices and young dentists, is in the area of partnerships, associateships and practice purchases, sales and transfers. An equitable arrangement needs to be set up to provide smooth transfers of practice and partnerships. We will guide you through how to maintain customer goodwill and your patient base.
- Practice Valuations
- How to determine the value of tangible assets
- The value of customer goodwill
- Accounts receivable
- Associateships
- Evaluate the benefits of associateships, their dynamics, and how progress beyond this stage of development
- Compensation
- Finding the Correct Fit
- Restrictive Covenants
- Partnerships
- Evaluate types of partnership arrangements and the components that need to be in the contracts
- Buy-ins and buy-outs
- Tax structure, financing and back-end purchases
- Compensation
- Benefits-Pension Plans-Health Insurance
- Voluntary Dissolution
- Purchase of an Existing Practice
- Evaluate the mechanism of purchasing a practice
- Determine its true value and future potential
- Understand the financial vehicles available to execute the purchase
- Transition Period
- Staffing
- Accounts Receivable, debts and liens
- Appraisals