Ask 100 dental practice owners in the first 10 years of their dental career and at least 99 of them will tell you “NO, I don’t have all the patients I need.” In fact, since we began assisting dentists since 1988, we have not met...
Having completed thousands of successful dental practice acquisitions with young practitioners and talked with thousands of dental students through the years, we have amassed a wealth of both interesting stories and fascinating facts.
Even though the acquisition of a dental practice is proven to position the...
The acquisition of a dental practice will be one of the most profitable and rewarding experiences of your life and professional career. You should know, however, that purchasing a practice is a very complex process that unfolds over several months and is not simply a...
A dental practice is an exceptionally unique business. It is a direct reflection and extension of the personality, philosophy, and methodology of the practice ownerpractitioner. Matching the right parties clinically, compatibility and financially requires an extraordinary understanding and sensitivity to the needs of the profession....
It is very common for a young, inexperienced dentist to begin his or her dental career as an associate for an established practitioner. Such relationships have been the norm in the dental profession for decades and are generally entered into with the thought that the...
Congratulations, you made it! You are now officially a DDS or a DMD. You graduated from dental school after many years of hard work and extremely focused dedication. But, now you must make some career decisions that may affect you for the rest of your...
Acquisition vs. Startup?
So you either just graduated or will soon be graduating from dental school. You have already made the decision that you do not want to work for someone else. You know that practice ownership is the only way you can achieve the income...
Most doctors will practice dentistry an average of thirty-five years throughout their career. The number of years a doctor ultimately practices times the average annual income he or she earns over that period equals that doctor’s "Career Income." A dentist's Career Income Potential is greatly affected by the...
A few years ago a recent graduate had an opportunity to purchase a relatively large practice (over $800,000 annual gross collections) in the exact area in which the young doctor wished to live and practice. This practice represented a “once in a lifetime” opportunity that...
