This document discusses dental practice transitions and sales. It begins by outlining trends in the dental practice market and how these impact dentists. It notes that the current market resembles the 2008 housing bubble and is temporary. The document then discusses how changing demographics, including an aging population and fewer dental students, will impact the market. It emphasizes the importance of planning for retirement and considering one's stage in the practice lifecycle. The last sections provide tips for dentists regarding equipment upgrades, leases, associateships and estate planning to maximize practice value when transitioning or retiring.