An Associate Buy-in typically involves a dental associate becoming a co-owner in a dental practice. It’s an exciting journey that combines clinical expertise with business acumen. There are a number of ways to structure a deal, including:
Cash Purchase at Closing: Buyer has money or borrows from a bank.
Installment Sale: Buyer pays seller over a period of years and deal is secured by the equity.
Shadow Account: Practice puts aside 1-3% of net collections to discount the price.
Whether you’re the practice owner or associate, buy-ins can be advantageous to your practice. It’s important to consult with a knowledgeable legal and financial advisor to ensure you make an informed decision. It’s not just about teeth; it’s about building a thriving dental practice together!