Banks aren’t the only ones who can loan you money! If you’re buying a dental practice, it’s possible that the selling dentist could be involved in the loan process as well, as a lender. While it’s less common than a standard bank loan, it could become relevant in your purchase process. If it is, here’s what you need to know.
26
Jan
Jan
Let’s talk about sustainability.
No, I don’t mean the environmental buzzword—important though that may be.
I’m talking about personal sustainability. The ability to maintain your life, your work, yourself throughout a long and lucrative career.
So, with that in mind, here’s a piece of general advice for most dentists: don’t shoot for the stars.
Counterintuitive, right? Obviously this one is going to need a breakdown.
03
Nov
Nov
In a dental practice transition, you’ll have hired experts for a reason, and they’ll do their expert thing.
But hang on, because you’re an expert, too. Let me explain.
27
Oct
Oct
If you’re buying a dental practice, every banker will want to be your lender. You could have multiple lending offers, and choosing between them can seem tricky. Hey, it’s a good problem to have! But you’ll still have to choose, so how do you do it? I’ll share a few thoughts.
20
Oct
Oct
If you’re buying a practice, and you’re prepared, you’ll have options when it comes to the bank you choose to do business with. How do you know which one to choose? I’ve got a few thoughts.
13
Oct
Oct
For many of us, the word “negotiations” is a little tough. It sounds confrontational, difficult, and kind of scary. It’s not, I promise! At least, it doesn’t have to be. I’ll tell you why.
06
Oct
Oct
The Letter of Intent is a vital part of the process of buying a dental practice. This isn’t the first step in buying a dental practice, but it is an important one to get right.
29
Sep
Sep
Of all the questions I get from dentists, the ones around finding a practice to buy are the most common by far.
Every month I’ll put together a list of 20 practices that are worth taking a look at. Here’s how to get it.
20
Sep
Sep
Here are five things you can start on today to be ready to buy your dream practice.
08
Sep
Sep
Here are five things you can start on today to be ready to buy your dream practice.
