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.
Category Archives: Due Diligence
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.
23
Jun
Jun
The difference between being prepared or not is the difference in how much stress you’ll go through in your transition process. (I often talk about networking with “gray-haired dentists”; don’t become one of them before your time.)
Let me tell you about two clients. Both true stories, one bad, one good.
03
Mar
Mar
I was recently asked to explain, well…what it is I actually do! Good question. Here’s how I can help you and your career, starting NOW.
12
Jan
Jan
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.
Due Diligence, Practice Purchase Analysis
Labs and Supply Costs – the Magic Number | Evaluating a Dental Practice to Buy
23
Sep
Sep
When you’re looking at offices that you’ll potentially buy, let the supply costs be your canary in the coal mine. How they manage their supplies and labs may be an indication as to how well, or poorly, the office is managed in general.
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, 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.
