Dental Practice Transitions | The Dental Business https://thedentalbusiness.com/category/dental-practice-transitions/ Practice Transitions Tue, 16 Jan 2024 14:43:33 +0000 en-US hourly 1 https://thedentalbusiness.com/wp-content/uploads/2019/05/cropped-Fisher-Day-Dental-Business-Icon-Only-Web-32x32.png Dental Practice Transitions | The Dental Business https://thedentalbusiness.com/category/dental-practice-transitions/ 32 32 Dental practice owners who want to retire on their terms must be familiar with the following: https://thedentalbusiness.com/dental-practice-owners-who-want-to-retire-on-their-terms-must-be-familiar-with-the-following/ Wed, 03 Jan 2024 23:01:56 +0000 https://thedentalbusiness.com/?p=7473 It’s been my experience that most practice owners wait too long to plan for the sale of their practice. The consequences are disappointing offers to purchase, little control over the sale of their practice, and more. Do you have a plan? Are you familiar with the key Practice Management Numbers? For the previous calendar year, …

The post Dental practice owners who want to retire on their terms must be familiar with the following: appeared first on The Dental Business.

]]> An Overview of the Services of a Buyer Representative https://thedentalbusiness.com/an-overview-of-the-services-of-a-buyer-representative/ Mon, 24 Jul 2023 18:53:34 +0000 https://thedentalbusiness.com/?p=7446 I’ve been asked to provide an overview of the services of a Buyer Representative. I can only speak for my services, so here goes:  *While it is best to engage my services prior to the offer to purchase, it is not essential IF the offer to purchase is non-binding.  Requests I typically make for Pre-Due-Diligence: …

The post An Overview of the Services of a Buyer Representative appeared first on The Dental Business.

]]> Preparing Your Dental Future, featuring Mary Fisher-Day & Dilaine Gloege https://thedentalbusiness.com/preparing-your-dental-future-featuring-mary-fisher-day-dilaine-gloege/ Mon, 23 May 2022 18:07:33 +0000 https://thedentalbusiness.com/?p=7096 Preparing Your Dental Future, featuring Mary Fisher-Day & Dilaine Gloege Audio – 30 MB In this episode, Anne Duffy is joined by Mary Fisher-Day & Dilaine Gloege. Mary Fisher-Day is the owner and CEO of “The Dental Business,” a company whose mission is to help dentists who are purchasing a new practice to be happy …

The post Preparing Your Dental Future, featuring Mary Fisher-Day & Dilaine Gloege appeared first on The Dental Business.

]]> What do Brokers do to earn their pay? https://thedentalbusiness.com/what-do-brokers-do-to-earn-their-pay/ Sun, 27 Feb 2022 21:04:36 +0000 https://thedentalbusiness.com/?p=7060 I have received this question often: What does a broker do to earn their pay? I want to preface this by saying that I am referencing brokers with integrity in this article. Just as there are good dentists and not-so-good dentists in the world. The same can be said for brokers there are some good …

The post What do Brokers do to earn their pay? appeared first on The Dental Business.

]]> Do you have an Emergency Directive, or “Will for your Practice”? https://thedentalbusiness.com/do-you-have-an-emergency-directive-or-will-for-your-practice/ https://thedentalbusiness.com/do-you-have-an-emergency-directive-or-will-for-your-practice/#respond Tue, 19 May 2020 13:09:32 +0000 https://thedentalbusiness.com/?p=6580 Dr. Austin had no idea what was about to happen to his family and his practice when he left for work that Tuesday in March. Dr. Austin’s wife answered her phone to hear the voice of a police officer who would go on tell her that her husband was in a car accident and he …

The post Do you have an Emergency Directive, or “Will for your Practice”? appeared first on The Dental Business.

]]> https://thedentalbusiness.com/do-you-have-an-emergency-directive-or-will-for-your-practice/feed/ 0 The Benefits of Practicing Dentistry in a Small Town https://thedentalbusiness.com/the-benefits-of-practicing-dentistry-in-a-small-town/ https://thedentalbusiness.com/the-benefits-of-practicing-dentistry-in-a-small-town/#respond Tue, 10 Dec 2019 19:34:11 +0000 https://thedentalbusiness.com/?p=5943 Did you know that people living in rural small towns often drive more than an hour to see a dentist? The Federal Government and many states offer incentive programs for dentists who agree topractice in high-need areas. When taken advantage of the programs reduce student loan debt significantly. In instances where loan forgiveness isn’t necessary …

The post The Benefits of Practicing Dentistry in a Small Town appeared first on The Dental Business.

]]> https://thedentalbusiness.com/the-benefits-of-practicing-dentistry-in-a-small-town/feed/ 0 Buying a Dental Practice: How One Decision Saved My A** and Likely, My Career https://thedentalbusiness.com/buying-a-dental-practice-how-one-decision-saved-my-a-and-likely-my-career/ https://thedentalbusiness.com/buying-a-dental-practice-how-one-decision-saved-my-a-and-likely-my-career/#respond Sat, 02 Nov 2019 01:36:56 +0000 https://thedentalbusiness.com/?p=5807 Dr. Rebekkah Merrell I graduated from dental school, so I’m smart, right? A few years after finishing my residency, I decided I wanted to own my own practice. I was trapped working for a corporate practice that made me hate going to work everyday. I was itching for a change and fast. I began looking …

The post Buying a Dental Practice: How One Decision Saved My A** and Likely, My Career appeared first on The Dental Business.

]]> https://thedentalbusiness.com/buying-a-dental-practice-how-one-decision-saved-my-a-and-likely-my-career/feed/ 0 What you need to know if you want to own a Dental Practice https://thedentalbusiness.com/what-you-need-to-know-if-you-want-to-own-a-dental-practice/ https://thedentalbusiness.com/what-you-need-to-know-if-you-want-to-own-a-dental-practice/#respond Mon, 01 Apr 2019 19:02:25 +0000 https://thedentalbusiness.com/?p=4793 Whether you’re planning to own a practice, or you already do, this article is for you. You won’t likely receive the following information in Dental School, in Residency or as an Associate Dentist.   Reality Bites:  It does not matter how much you love your team or how much they love you, they will never care as …

The post What you need to know if you want to own a Dental Practice appeared first on The Dental Business.

]]> https://thedentalbusiness.com/what-you-need-to-know-if-you-want-to-own-a-dental-practice/feed/ 0 A Note From Mary https://thedentalbusiness.com/a-note-from-mary-3/ Tue, 14 Oct 2014 19:02:03 +0000 https://thedentalbusiness.com/tdbblog/?p=169 When you think you can’t afford to hire a practice management coach or consultant is when you need one most. If your practice is in need of a consultant/coach, find one that will work with you on payments. Our clients see their investment repaid many times over and in a very short period of time. …

The post A Note From Mary appeared first on The Dental Business.

]]> Top Mistakes Made By Dental Practice Owners https://thedentalbusiness.com/top-mistakes-made-by-dental-practice-owners/ Mon, 22 Sep 2014 13:06:48 +0000 https://thedentalbusiness.com/tdbblog/?p=162 What are the top mistakes made my dental practice owners? 1- Under estimating the value of team communication   * Morning meetings or huddles are the most important communication of the day. This 10 to 15 minute meeting will set the tone for the day. The Doctor or Scheduling Coordinator should facilitate   Review the schedule …

The post Top Mistakes Made By Dental Practice Owners appeared first on The Dental Business.

]]>