Alan is joined by Brannon Moncrief of McLerran and Associates to talk about practice sales/purchases and transitions of all types.  The difference between dentists and other business owners The traditional way of practice ownership vs. now How student loan debt has changed ownership trajectory How are banks feeling about loaning money to dentists? Younger dentists need to buy bigger practices (?) How private equity changes things...valuation on EBITA vs. straight revenue How DSOs have changed in the last 10 years DSOs now work "behind the veil." The doctors are now part of the investment, not just engines of production "Buy and build" model of DSOs How does the practice transition process work with McLerran and Associates? Some links from the show: McLerran and Associates Brannon's email: [email protected] Brannon's cell phone: (512) 660-8505 Join the Very Dental Facebook group using the password "Timmerman," Hornbrook" or "McWethy," "Papa Randy" or "Lipscomb!" The Very Dental Podcast network is and will remain free to download. If you’d like to support the shows you love at Very Dental then show a little love to the people that support us! -- Crazy Dental has everything you need from cotton rolls to equipment and everything in between and the best prices you’ll find anywhere! If you head over to verydentalpodcast.com/crazy and use coupon code “VERYDENTAL10” you’ll get another 10% off your order! Go save yourself some money and support the show all at the same time! -- The Wonderist Agency is basically a one stop shop for marketing your practice and your brand. From logo redesign to a full service marketing plan, the folks at Wonderist have you covered! Go check them out at verydentalpodcast.com/wonderist! -- Enova Illumination makes the very best in loupes and headlights, including their new ergonomic angled prism loupes! They also distribute loupe mounted cameras and even the amazing line of Zumax microscopes! If you want to help out the podcast while upping your magnification and headlight game, you need to head over to verydentalpodcast.com/enova to see their whole line of products! -- CAD-Ray offers the best service on a wide variety of digital scanners, printers, mills and even  their very own browser based design software, Clinux! CAD-Ray has been a huge supporter of the Very Dental Podcast Network and I can tell you that you’ll get no better service on everything digital dentistry than the folks from CAD-Ray. Go check them out at verydentalpodcast.com/CADRay!