WSDA NEWS ISSUE 3 · JANUARY 2014

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pndc news highlights/new programs

Practice Transition Seminars for all Dentists at the PNDC Wednesday, June 11

Thursday, June 12

What Transition Plan is Best for You · Code 37

Practice Transitions for Sellers · Code 38

6:00 – 8:00 p.m. Audience: Dentist and spouse

6:00 – 8:00 p.m. Audience: Dentist and spouse

Richard D. Seims DDS

Richard D. Seims DDS

This course is designed to help young dentists review different professional options. Attendees will be provided with different perspectives related to employment, “startups”, and purchasing an existing practice. Preparing for a professional career, including guidelines for employment agreements, practice purchases, both general and specialty practices will be deliberately and purposefully discussed. Attendees will have an opportunity to ask questions at the conclusion of the course. Note: Dinner is provided

Attendees will hear about how to prepare for retirement, both from a personal satisfaction perspective and from a practice sale perspective. Attendees will have an opportunity to ask questions at the conclusion of the course. Learning Objectives: • Professional and personal options for the next step in life • Preparing the practice for sale in the present environment • Explore and review the entire process of selling a practice (general and specialty) • Choosing professional advisors

Learning objectives: • Understand employment contracts and expectations • Learn the basics of practice values • How to present yourself to lenders and “sellers” • Understand different lending options • How to consider the potential for a “startup” • Consider preparations for “later Years” • How and when to pick professional advisors

About Dr. Rich Seims Dr. Seims graduated from the University of Washington Dental School. After a tour in the U.S. Army, including the Vietnam War, he returned to practice dentistry in Seattle. After selling his practice, he began a career as a practice broker. Currently, Dr. Seims is a dental practice mentor and coach and facilitates sales when a purchaser has been identified by a seller.

Job Fair at the PNDC Friday, June 13 Job Fair

8:00 a.m. – 11:00 a.m. Room: Hyatt Grand ABCD, Olympic Tower The PNDC is proud to present the WSDA’s third Job Fair, an event connecting dentists looking to transition out of their practices or hire associates with dentists interested in buy practices or looking for associateships. This personal, welcoming event is designed to give participants ample time to talk and get a sense of needs and compatibility. Join us on Friday, June 13 at the Hyatt Regency Grand Ballroom ABCD at 8: 00 am and meet with fellow WSDA members who are looking for positions, actively hiring, or selling their practice — all at one event.

If you are loooking for an Associateship or to buy, visit: http://www.wsda.org/pndc-job-fair-seekers/

The Job Fair, open only to WSDA members, will feature: • A “speed dating approach” that matches you with as many as 12 candidates/hiring dentists • Q&A with Dr. Rich Seims, a practice transitions expert • As many as 50 candidates and 26 selling/hiring dentists together at one event

If you have an Associate position, or want to sell, visit: http://www.wsda.org/pndc-job-fair-opportunities/

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