North Texas Dentistry Volume 5 Issue 8 | Page 12

money matters When It’s Time to Move On by Derek Rawnsley As we transition from football’s regular season toward the college playoffs, it seems like a good time to talk about transitions in one’s dental practice. For many dentists, now might be a good time to begin to think about the next stage of their lives, from having a reduced stake in the business to pursuing full-blown retirement. In order to maintain stability in the practice and ensure its future success, it is imperative to develop an ownership transition plan. 12 NORTH TEXAS DENTISTRY | www.northtexasdentistry.com