Beware of the Corona Effect
The Coronavirus is obviously creating stress for most of us. It is also creating opportunities for DSOs (those large, corporate Dental Service Organizations) that are taking advantage of dentists’ stress and buying distressed practices. One of our supporters from Paragon forwarded to us this article from The New Dentist. It is eye-opening and important to read if you’re contemplating selling your practice. It also makes me concerned for those dentists who have already sold and are “on the hook” to meet production goals while working in the office in order to complete their sales agreement. As always we’re looking for your input by posting on our Forum or Facebook. Have any of our members had unreasonably low offers to buy their practices? We want to hear from you.