dental practice transitions | The Dental Business https://thedentalbusiness.com/tag/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/tag/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, …

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]]> 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: …

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]]> 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 …

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]]> https://thedentalbusiness.com/buying-a-dental-practice-how-one-decision-saved-my-a-and-likely-my-career/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. …

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]]> A Note From Mary https://thedentalbusiness.com/a-note-from-mary-2/ Mon, 22 Sep 2014 13:08:34 +0000 https://thedentalbusiness.com/tdbblog/?p=164 Do you need to make changes for the upcoming year? Fall is just around the corner and you know what that means…the last quarter of 2014 will soon be upon us. Yikes! Are you having the successful year you planned?  If not, now is a good time to make changes that will ascertain better results …

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]]> 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 …

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]]> Large City or Small Town? https://thedentalbusiness.com/large-city-or-small-town/ Mon, 28 Apr 2014 18:43:30 +0000 https://thedentalbusiness.com/tdbblog/?p=125 The vast majority of students coming out of dental school want to practice in large cities, while small town populations often struggle to find a dentist within a 30 minute drive.  For this reason, some states offer an incentive program to dentists who agree to practice in small towns. There are often programs in which student …

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]]> Interview with Mary Fisher-Day, Founder and Owner, The Dental Business – Part Two https://thedentalbusiness.com/interview-with-mary-fisher-day-founder-and-owner-the-dental-business-part-two/ Fri, 08 Nov 2013 15:16:26 +0000 https://thedentalbusiness.com/tdbblog/?p=91 Conducted by Livvie Matthews, Simple Social Media TV Part Two Livvie Matthews: Mary, what about Compliance and Documentation? Do you feel there are particular areas that practices should pay attention to when it comes to Compliance and Documentation? Mary Fisher-Day: Yes, I do. These are the areas dentists rarely think about. Yet, these are areas …

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]]> How to Tell if You Really Need an Associate https://thedentalbusiness.com/how-to-tell-if-you-really-need-an-associate/ Wed, 16 Oct 2013 23:52:56 +0000 https://thedentalbusiness.com/tdbblog/?p=80 Question: Do I Need An Associate?   Case Study: Dr. Jones states:  “We work through lunch on a regular basis. My schedule is crazy and my patients are kept waiting much too long. I’m constantly putting out fires, doing operative work and hygiene exams (in two rooms) at the same time. I am always under …

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]]> The Sky is NOT Falling! https://thedentalbusiness.com/the-sky-is-not-falling/ Sun, 18 Aug 2013 13:25:03 +0000 https://thedentalbusiness.com/tdbblog/?p=74 I really feel the need to share something that’s been weighing heavily on my mind. You see, I’m not a fan of “The Sky is Falling” mentality that some are using as their platform today. My belief is that we work in the best business in the world! I’m speaking of the dental business, of …

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