Top 3 Tips to Help Staff Feel Comfortable During a Dental Sale Transition
Selling your dental practice can be an equally exciting and overwhelming experience. It opens up the opportunities to go onto bigger, more exciting endeavors but also forces you to take the biggest risk of your life that can pay off in huge ways in the future.
However, the employees at your dental office may not be as thrilled about the whole thing as you are. The uncertainty that comes with business transitions can be incredibly hard to deal with for your employees. So, if you are planning to take an exit from your dental practice, here are a few things you can do to make the experience more comfortable for them.
- Be Honest and Upfront: It may be an uncomfortable conversation, but there is no point in avoiding it or procrastinating. Before you even start taking any practical steps in selling your practice, be 100% open and honest with your employees. If they find out later on, especially from the questions of potential buyers, it can further increase their feelings of uncertainty. Knowing what to expect can help them ease into the process.
- Don’t Overload Them with Work: Your employees will already have different reactions to the news; the worst thing in such a situation would be overloading them with work. Instead, try to keep their workload as light as possible and prepare them for your exit in the meantime.
- Be Vocally Grateful for Their Presence at Your Dental Office: Your employees play a huge role in how successful your dental practice is. Since you are about to take a leave, now would be a good time to let your employees know how grateful you have been for their contributions to your practice. Not only will it help leave things on a good note, but it will also boost their confidence during the transition.
If you’re looking for an excellent dental broker to sell your dental practice, consult CTC Associates now. We work in Utah, Colorado, Arizona, New Mexico, Wyoming, Idaho, Alaska, and Hawaii and will help you through the entire process of the transition.