2023 has a few things going for it. Who knows what will happen in the wider world, but in the world of dentistry, I’ve got some trends I’m looking forward to this year.
Category Archives: Before You Buy
Before You Buy, Due Diligence
What is the most important quality to look at when buying a dental practice? | Finding a Dental Practice to Buy
01
Sep
Sep
The most important quality to look at when buying a practice is one with strong office collections.
As a general rule of thumb, I strongly encourage you to ignore any practice that is not collecting at least $750,000, preferably $800,000+.
Why is that? Read on to find out. (More detail in the video after the jump.)
Before You Buy
Should I buy a dental practice or begin a startup? | Evaluating a Dental Practice to Buy
11
Aug
Aug
For the vast majority of dentists purchasing an existing practice is easier, faster, less risky, and at least as rewarding as going the startup route.
Now, my purpose here is not to completely poo-poo the idea of startup practices. Sometimes doing a startup is a great option. But there are three very common myths circulating about the [false] “cons” of buying an existing office. I want to dispel these myths and break them down for you based on my years of experience.
Before You Buy, Due Diligence, Letter of Intent
4 Things NOT to Say in Your First Meeting | Evaluating a Dental Practice to Buy
28
Jul
Jul
Just like asking strong questions can work for your benefit, asking wrong questions will be to your detriment. Here are 4 questions to avoid at all costs when meeting the seller.
