TOP 10 RED FLAG ISSUES WITH PRACTICES

You might want to ask a lot of questions before you proceed!!

  

1.	A practice that is less than 10 years old.
2.	A practice with more than about ten percent of its revenue from Denti-Cal.
3.	A practice where a practice sale broker insists that you use a particular attorney or a particular accountant to evaluate the practice.
4.	A practice in which the seller is relocating close by.  A seller should warrant in the contract what his/her future plans are.
5.	A practice in which the seller is not retiring.
6.	A practice with primarily new staff members.
7.	A practice in which more than ten percent of the patient base lives more than five miles away from the practice.
8.	A practice that has been on the market for an extended period of time.
9.	A practice in which the selling doctor will not give a covenant not to treat patients, a covenant not to derive income from patients of the practice, and a covenant not to hire employees of the practice.
10.	A practice in which you must sign a sales agreement before doing your due diligence.