Due diligence is one of the most important jobs for dentists buying a practice It’s the act of verifying that the representations made to you by the seller and his agents about the assets and liabilities of the business are true. Financial due diligence takes many forms, but one of the most important steps in […]

There are many compelling benefits of owning a dental practice and ensuring maximum earning potential, professional growth, and financial and scheduling autonomy. As the dental industry experiences shifts, particularly with the rise of Dental Service Organizations (DSOs), it’s essential for practitioners to weigh the advantages of ownership against the perceived stability offered by traditional employment […]

The Role of Insurance Credentialing in Dental Practice Transitions Insurance credentialing is a ‘necessary evil’ in many, if not most, dental practice transactions today. While some dental practices are Fee for Service only, many participate with Preferred Provider Organizations (PPOs). It is important to understand why insurance credentialing is necessary, what issues may be encountered […]

Most dental offices are not large enough to have a full-time human resources employee. Often, the practitioner is often faced with filling that role, in addition to their clinical duties. Unfortunately, employment law is not on the curriculum at most dental schools, so creating an employee handbook can be challenging. Many dentists find themselves making […]

I have been a dental practice broker over 20 years now after owning a large successful practice for 17 years with my wife and dentist. My daughter graduated from dental school 4 years ago and married a classmate, so the husband-and-wife dentist team structure continues for another generation. Poised for significant growth, women in dentistry […]

In today’s economic climate, dentists are becoming increasingly discouraged by the shortage of available practices for sale and are considering scratch-start practices. What to Consider if You’re Building a Dental Practice There are many things to consider if you decide you’re going to build or buy a dental practice. Dental Practice Financing To pay for […]

Did you know 63 percent of social media users under the age of 35 feel online ratings are more important than any other endorsement? Even when it comes to word-of-mouth or personal referrals, your online presence can have a strong impact on gaining new patients. Getting the word out about the benefits of choosing your […]

Using your practice as a Dental Assisting School The U.S. Bureau of Labor projects that employment of dental assistants will “grow 25% from 2012 to 2022.”1 You’ve probably already witnessed the growth and demand for quality-trained dental assistants. But have you ever considered how you could utilize your practice as a training facility? Depending on […]

WHAT THEY DIDN’T TEACH YOU IN DENTAL SCHOOL Most of us graduated from Dental school with little or no training in basic business principles. Some of us may have taken a year or two of business classes (as I did) and others may have even graduated with a business degree. Even then, there was usually […]

If you’re like most people, you want to sell your assets at the highest price possible and buy assets at the lowest price possible, and that is how the market for any commodity is formed.  When a buyer and seller finally agree on a price, we learn what something is truly worth, that is whatever […]

Suppose that when you begin your dental career that you will have to check a box like..