Practice Brokerage

Transition brokers not only play a key role in the transition process, but wear many hats as they work with sellers and buyers to complete challenging transitions.

Honkamp Dental Transitions assures confidentiality, discretion, and professionalism. Our cost savings approach puts you in control of the transition of your practice.

Appraisals

Often, the first place you start when thinking about selling your dental practice is having a professional appraise or value your business. This helps to give you a sense of what you can expect to earn when selling. It may also help you identify areas where you can improve the practice if hoping for a higher selling price.

We provide a comprehensive report of your practice information which are easy to understand and give you and a potential buyer the information needed to create a fair transfer of your business assets.

Cashflow

Whether you’re confident in your business’s profitability, or you’re not sure if the cash is going to hold up, a cashflow and budgeting analysis can provide the peace of mind and planning you need to keep your business above the red. With a cashflow and budgeting analysis from Honkamp Dental Transitions, we’ll analyze your unique situation and provide tailored recommendations for building a sustainable cashflow and budget process that will give you the confidence you need to make crucial business decisions.

Consulting

At Honkamp Dental Transitions, we take pride in providing a comprehensive, effective approach to helping our clients with business advisory services. Our immense talent and resources allow us to assist you in a broad range of business needs.

We offer consultations to help you make sense of the complex and daunting task of transitioning your practice. No matter what issues you face, we’re here to help you every step of the way. We are readily available and all discussions are strictly confidential. We also provide consultation in areas of:

• Practice negotiations

• Practice valuations

• Equipment valuations

• Associate placement

Tax & Accounting

Honkamp Dental Transitions is an industry expert for Dental Practice accounting. Keeping accurate and timely financial records is key to your business’ success. So you can make informed business decisions, our CPAs will be proactive in their work for you.

Practice Valuation

Are you looking to secure an accurate valuation of your business? Honkamp Dental Transitions performs business valuations on a confidential basis for business owners and their professional advisors.

Our business valuation staff is comprised of CPAs and Accredited in Business Valuation (ABV) professionals who have specialized knowledge and a vast experience in the area of business valuations. We work in cooperation with the business owners, attorneys, bankers and other professionals to provide you with a comprehensive analysis and a thorough and competent valuation.