Archive for the ‘Associateship’ Category

Seller stays on as an associate after the sale

Monday, June 4th, 2007

Having been involved in DENTAL PRACTICE TRANSITIONS for 20 years, I frequently find that the seller would like to stay on and practice on a limited basis after the sale. This can have several advantages for the selling dentist. Even when the need for money is not a factor, practicing part time in the practice… read more »

Associate dentist or employee — What’s the difference?

Tuesday, March 6th, 2007

The bottom line is that owners must carefully examine their reasons for adding a new dentist to the practice, as well as define what they want the associate to bring to the practice. I am unaware of any studies that are chiseled in stone regarding the percentages of success and failure rates when bringing additional… read more »

Thinking of adding an associate? Be prepared!

Friday, February 2nd, 2007

The success of anything built or created depends on a solid foundation. It only follows that before adding an associate to your practice, you must set the stage for a positive outcome by planning carefully from the beginning.  Too often, the owner dentist and prospective associate leave their first meeting with a long list of… read more »

Why buy a specialty practice?

Tuesday, December 5th, 2006

Given the information about the demographics and the saturation of specialists in metropolitan areas, the safest way to enter specialty practice in a major city would seem to be to join an existing practice. As they finish graduate programs and residencies, young dental specialists are confronted with the same dilemma every young dentist faces. Should… read more »

Associate buy-in problems

Thursday, May 4th, 2006

Associate buy-ins are a hot topic of conversation. But, frequently, dentists find themselves making several attempts before successfully finding an associate who meets their needs and who they are willing to consider as a future partner. Through the years, I have noted the most common reasons why associateships fail: Battle of the generations — The… read more »