NDP

NDP

Transition Talk is a podcast about dental practice transitions. LIke we do for our clients, in this podcast, we will provide guidance, tips, and real-life scenarios (both good and bad) to encourage you and to help you navigate the sometimes-messy path to dental practice ownership!

  • 27 minutes 59 seconds
    TT Ep 107 - Addressing Operational Changes for Your New Team
    If you’re a new partner or buyer coming into a practice, making operational changes quickly can potentially shake things up and cause insecurity among the team. But what if the team is overpaid or underpaid? What if you want to adjust the vacation policy or insurance options? What if you don’t want to rehire a team member? Tune in as Charles and Christy discuss how you can make adjustments while being mindful of the team’s perspective.
    11 June 2024, 5:00 am
  • 24 minutes 48 seconds
    TT Ep 106 - Delivering the Big Announcement to Your Team
    Announcing a big practice change to your team, like the addition of a new partner or transitioning the business to new ownership, can be a sensitive and pivotal conversation. You will want to ensure your team feels confident and optimistic about the next chapter. In this episode, Charles and Christy walk through tips for determining when to tell your team, what to tell them and how to prepare for that important conversation.
    28 May 2024, 8:00 pm
  • 17 minutes 31 seconds
    TT Ep 105 - Is My Practice Healthy Enough for a Transition?
    The dental transition landscape is seeing buyers become more diligent and selective with their decisions, causing practices considered “healthy” to have more buyer opportunities during the selling process. But what makes a practice “healthy”? Christy brings on NDP Senior Transition Consultant Morgan Ramsey to discuss the common financial and operational indicators that ultimately show your practice is ready for a transition.
    14 May 2024, 5:00 am
  • 24 minutes 31 seconds
    TT Ep 104 - Transition Timing: When to Start Planning
    As you consider buying or selling a practice, the first few questions you may ask are, “When and how should I start the planning process?” and “How long does a transition take from start to finish?” The timing from when you start planning to when the practice sale closes can vary, especially with both internal and external factors at play. Christy and NDP Senior Transition Consultant Matt Doyle outline some guidelines to help you create a plan and shed light on the answer for you.
    23 April 2024, 5:00 am
  • 28 minutes 41 seconds
    TT Ep 103 - The Right Time to Ask for Help
    When does it make sense to bring on a transition advisor so that you can maximize the benefits of hiring one in the first place? Is it when you have a concrete practice opportunity to purchase? Is it before you even start the discovery process? The timing, along with your unique situation, can determine the when and if an advisor truly is a good fit for what you need.
    9 April 2024, 4:59 am
  • 27 minutes 10 seconds
    TT Ep 102 - Landing Your Dream Position
    When it comes to searching for that dream associateship or position, there’s a little more required than learning about the job responsibilities. Arthur | Marshall’s Rich Gehrke and Kevin Simpson join Christy to share tips for finding your associateship or job opportunity, approaching the interview process and doing the homework to prepare for this significant life decision.
    26 March 2024, 4:59 pm
  • 31 minutes 46 seconds
    TT Ep 101 - The Keys to Finding Your Associate or Partner
    The process of searching for your ideal associate or partner requires more than just a job posting. It requires you to set a clear understanding of what you’re looking for and have the desire to not only craft a compelling offer, but to create a positive experience for the candidate. This process isn’t about having a line of candidates through your door, but rather, it’s about going into it feeling ready to put yourself in the candidate’s shoes. Rich Gehrke and Kevin Simpson, two recruiting experts from the Arthur | Marshall team, join Christy on this episode to share their tips and knowledge to help you find the best person for your practice.
    12 March 2024, 5:00 am
  • 19 minutes 9 seconds
    TT Ep 100 - The 100th: A Look Back
    When Christy and Charles decided to start Transition Talk in 2018, they didn’t know what a valuable resource it would become and the impact it would have today, but they knew they had educational content to share. The co-hosts celebrate the milestone of 100 episodes by reminiscing about their favorite moments and episodes and sharing a behind-the-scenes look at the road traveled to where they are today.
    27 February 2024, 6:00 am
  • 24 minutes 25 seconds
    TT Ep 99 - Do Not Fear: Digesting This Economic Climate
    With the implications of inflation, interest rates and economic volatility looming, some doctors may feel uncertain about making a big career decision. How can current and future practice owners make sense of it all? What can they do to stay positive as they approach a future practice sale? Brian Bortz, Cain Watters & Associates Partner, joins this episode to provide an update on the economy and investment markets. He addresses concerns that buyers and sellers may have and shares how they can navigate the current climate.
    23 January 2024, 6:00 am
  • 32 minutes 7 seconds
    TT Ep 98 - Top Questions Practice Owners Have - Answered!
    Managing the clinical, business and operational side of a dental practice is a juggling act, which means owners likely have a lot of questions swirling in their minds. Charles and Christy use this episode to answer common transition and ownership questions. From preparing for a transition, assessing potential buyers to building and lease questions, this episode provides clarity and insight on a wide range of topics.
    10 January 2024, 1:56 am
  • 33 minutes 28 seconds
    TT Ep 97 - Do You Fit the DSO/Private Equity Criteria?
    With a constant buzz surrounding dental service organizations (DSOs) and private equity (PE) firms, practice owners may wonder if this is the appropriate route for them and their practice. Christy and Charles explain the types of qualities that DSOs and PE firms look for, while also while also illustrating both the opportunity and risks of the corporate sale.
    26 December 2023, 6:00 am
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