In this 30 minute podcast we speak about selling your practice with financial expert Brad Kucharo from John McGill & Company who is returning to the show as our guest. Brad talks about some of the things he looks for when an orthodontist approaches him asking if it’s time to sell. He not only assesses their financial situation but asks if they are psychologically and socially ready to retire after decades in practice.
We also cover important topics like:
How important is it to continue to increase your numbers before you sell your practice?
What should an orthodontist do if they are solicited by a DSO or broker?
How do the potential tax increases affect an orthodontist’s decision to sell their practice?
Brad Kucharo is both a Certified Public Accountant and Certified Financial Planner and has been providing customized tax and business planning services exclusively for the dental profession since 2007. He has helped over 500 dentists and specialists across the country plan for financial independence, reduced stress and greater peace of mind. Brad also developed and directs John McGill & Company’s comprehensive “Planning for Retirement” service. He formerly worked at Price Waterhouse Coopers and is a current member of the American Institute of CPA’s and the North Carolina Association of Certified public accountants.
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Founded by orthodontist Dr. Leon Klempner and marketing consultant Amy Epstein, People + Practice is a New York-based digital marketing firm on a mission to unveil the abundant opportunities for practices to thrive. We believe that right now is the Golden Age for provider growth, and we implement digital marketing strategies, technology and services that allow our clients to take advantage of it.