Business/Practices Succession Planning

Business/Practice Succession Planning (BSP) is about developing a specific action plan to transition out of your dental practice when the time is right for you. We help you build your own unique plan based on what you want to accomplish.

BSP should start sooner rather than later. Early planning puts into place those actions that you believe you need to take and follow to ensure when the time comes you are prepared to transition from your practice seamlessly and successfully.

BSP helps you identify the various components you need to consider and act upon from the start. Ideally, BSP should be a component of your overall Strategic Business plan but can be developed separately. Components include:

• Timing
• Desired End State
• Major Objectives to Accomplish End State
• Key Actions for Each Objective
• Progress Tracking
• Follow-Up

Contact us for more information on our Business/Practice Succession Planning expertise, or call Michael J. Krahe, Ph.D., the ACSDD Executive Director, at 814-881-7020.