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Podcast: DEO's Growth Secrets Podcast for Dental Organizations
Episode: 161: Missteps To Avoid When Exiting/Selling Your Dental Practice
Description: In this episode, Ken Kaufman hosts Shawn Terrell, Founder & Financial Advisor, Dentist Exit Planning. They discuss "all things" exiting and selling a dental business including top considerations for getting your personal finances prepared for the adjustment in income. Shawn suggests having the longest runway possible - amount of time - to start thinking about selling your practice - ideally four years. Ken and Shawn discuss how to prepare for exiting including honestly assessing your lifestyle and the amount of income you need; determining a strategy for how to grow and distribute wealth post-clinical; proactive tax planning and much, much...