Learning Objectives:
-Differentiate between asset purchase and stock purchase
-Educate sellers on the possible tax liabilities when selling their business
-Understand the cash-flow implications for a buyer when purchasing a practice
-Describe what adding a partner means financially for an existing owner and the incoming partner
-Identify when to use bank financing and when to owner finance or consider a deferred compensation structure
-Determine how banks evaluate these transactions and what collateral they are looking for
-Understand how banks evaluate dental practices and applicants
-List the differences between selling to a DSO versus selling to an individual