DWI CPD Test: How To Achieve The Best Exit Number For Your Dental Practice

1. What does “exit number” refer to in dental practice ownership?

Number of patients per day

The practice’s annual rent

The total sale value you aim for when selling

Your employee count

2. How can knowing your retirement goals help exit planning?

It increases patient numbers

It helps align the exit timing

It avoids bank fees

It lowers dental supply costs

3. What can improve your practice’s valuation before a sale?

Investing in property nearby

Boosting profits and reducing costs

Hiring more family members

Changing the practice’s name

4. Why is defining your “best” exit number important?

It helps set a clear financial target

It reduces stress at work

It increases dental skills

It avoids tax obligations

5. Which factor can impact your dental practice’s valuation?

Your age

The size of your car

Your favorite dental brand

Your practice’s profit and performance