What To Expect
A lot of dentists say they want to own a practice, but instead of data they talk about their feelings. While understandable, it can be an expensive mistake. Instead of hard data, numbers, or statistics they say things like:
“I don’t feel ready.”
“I feel like I need to practice a little before I settle down into ownership first.”
“I feel like I need to get my student loans under control, and then I’ll be ready to own a practice.”
Feelings are important. I never want to diminish the importance of someone’s feelings. But, let me give you some perspective on what it actually takes to feel ready to own a practice. With some education and additional information, you might feel ready a lot sooner than the average dentist.
Your To-Do List:
- Have at least one year experience with strong production history
- Have the required cash
- Have a clean credit history and a score over 680
Want To Learn More?
Listen to this podcast episode to understand the 5 things you need to purchase a dental practice.