In this week’s episode of Transition Talk, we tackled the emotional side of the dental transition process.
We talked about how during a transition, whether a walkaway or an associate to partner transition, a buyer and seller are often both experiencing similar emotions just from a different angle. Often times that emotion can muddy the water of a good deal and a good relationship. Our role at NDP is to try and remove some of this emotion and educate both parties on the logical side of why you might feel a certain way. Sometimes it’s justified and other times, not so much.
During the episode, we referenced two resources that can help ease some of the emotion on certain topics. Below is an example of the Break Even Analysis and also a helpful list of who should be on your transition team (click the arrow down to see both slides).
Do you need help applying these elements to you and your practice? Contact our team today for a complimentary call.Ep 19 Materials