North Texas Dentistry Volume 5 Issue 6 - Page 6

Photo by Ray Bryant, Bryant Studios cover feature ADS Watson, Brown & Associates A Team of Trusted Advisors by Tina Cauller ADS Watson, Brown & Associates is a dental transition firm that has facilitated hundreds of transitions and has extensive experience with practice sales, startups, partnerships, associateships, dental practice appraisals, refinances and debt consolidation. D entists probably understand better than most people that some endeavors should be left to trained professionals. Patients trust dentists to provide expert care precisely because they have special training and expertise in dentistry. Similarly, selling and appraising a dental practice requires special expertise. Practice transitions vary from bringing on an associate or partner to selling the dental practice outright. Each practice transition involves several facets, such as accounting, legal, and tax considerations. A successful transition depends on expert guidance to represent your individual interests, reduce unnecessary legal and tax liabilities, and maximize the sales price. Since each practice 6 NORTH TEXAS DENTISTRY | www.northtexasdentistry.com transition is unique, all dentists should hire a team of trusted advisors to help them avoid potential pitfalls. The Clear Advantage ADS Watson, Brown & Associates is a dental practice transition firm that specializes in practice appraisals and brokerage services for dentists at every stage of their professional careers. Founded by Dr. Terry Watson in 1992, the firm has facilitated hundreds of transitions and has extensive experience with practice sales, startups, partnerships, associateships, dental practice appraisals, refinances, and debt consolidation.