A recent article from Forbes Magazine/Forbes.com[1] reviewed the ten highest paying jobs. Not surprisingly, topping the list was surgeons (averaging $225,390 per year). Of the top ten, seven spots went to medical professionals and two to dentistry, specifically Oral-Maxillofacial Surgeons (#3 at $214,120) and Orthodontists (#5 at $200,290). The article mentioned the specialized nature of the… read more »
Posts Tagged ‘transition planning’
Preparing for a Transition
Thursday, October 27th, 2011Proper timing of pre-retirement
Tuesday, August 17th, 2010When I discuss transition planning with clients, they often ask what can be done to ensure their practices sell quickly. My first answer, which they never like, is to reduce the asking price. Alternatively, I suggest they give their office a facelift, similar to the way a realtor “stages” a home. It can be as easy as updating the office… read more »
Feature Article: Sinning is oh so costly
Wednesday, July 1st, 2009Consider these simple facts: Most doctors have no income-producing asset that makes more money than their dental practice. Any practice transition activity will, by definition, have some type of effect for the rest of your life, both at the professional and personal levels. Any misstep in this area can be costly — often beyond measure…. read more »