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Selling Your Practice or Business

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Selling Your Practice or Business

Selling Your Practice or Business

June 29, 2016 Posted by SashaBach Lifestyle

Practice and business transitions can be stressful.  Just like any business though, it should be built to sell.  If you name is your brand, I do have some ideas and recommendations.   If your patients know you for many years and would feel artificial to start answering the phone “Newly Branded Dental Care,” you can do what I call a soft transition.  You can take a tentative new name like “Garden District Dental” and place it underneath your name.  You don’t have to change your door yet.  Just slowly use it like a tagline.  Then, when the new associate comes, simply move the new name above and place the two associates underneath.  If you are a local window washing company and everyone calls YOU even though you have a team of 10, you can ease into a new brand and make a monetary gain when you sell your practice.  If you need help with branding, you can email me at sasha@marketingfront.com and set up a consultation.

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