What happens to dental practice staff after a sale? After a dental practice sale, staff are typically retained by the new owner to maintain continuity, patient trust, and operational stability. While employment terms may evolve, experienced teams often increase a practice’s value and ease the transition. When you’re preparing to sell a dental practice, you’re […]
There are many compelling benefits of owning a dental practice and ensuring maximum earning potential, professional growth, and financial and scheduling autonomy. As the dental industry experiences shifts, particularly with the rise of Dental Service Organizations (DSOs), it’s essential for practitioners to weigh the advantages of ownership against the perceived stability offered by traditional employment […]
Most dental offices are not large enough to have a full-time human resources employee. Often, the practitioner is often faced with filling that role, in addition to their clinical duties. Unfortunately, employment law is not on the curriculum at most dental schools, so creating an employee handbook can be challenging. Many dentists find themselves making […]
Remember that first time you didn’t have all summer for vacation? Summers off were no more, which is a hard realization. #adulting So how can you get the life you want as a dentist? Here’s the ever-so-harsh reality. We spend the vast majority of our waking hours at work, which makes improving your work situation […]
I have been a dental practice broker over 20 years now after owning a large successful practice for 17 years with my wife and dentist. My daughter graduated from dental school 4 years ago and married a classmate, so the husband-and-wife dentist team structure continues for another generation. Poised for significant growth, women in dentistry […]
Using your practice as a Dental Assisting School The U.S. Bureau of Labor projects that employment of dental assistants will “grow 25% from 2012 to 2022.”1 You’ve probably already witnessed the growth and demand for quality-trained dental assistants. But have you ever considered how you could utilize your practice as a training facility? Depending on […]
How are millennial dentists changing the dental profession? Millennials face high student debt, prefer work-life balance, and often delay buying or starting practices. Many consider corporate dentistry, affecting the supply of buyers for retiring dentists. “MILLENNIALS” are people born between 1980 and 2005.1(p3) They’ve grown up in a much different world than previous generations and […]
What Should You Consider After Dental School? Where you want to live and practice Desired compensation and lifestyle Level of responsibility you want Practice ownership or associateship options Long-term career goals and personal preferences Things to Consider After Dental School? After graduating from dental school, you’ll need to make crucially important decisions: What do you […]
If you get a job as an associate dentist you are typically confronted with a written Employment Agreement containing many confusing terms and conditions. Trying to decipher the meaning and context of an Employment Agreement can be just as confusing as a layman trying to read an x-ray. What should you look for in a […]
Why are more dentists choosing associate positions over owning a practice? Student loan debt makes ownership feel financially risky Desire for better work/life balance without management responsibilities Benefits of having a colleague in the office Experienced owners selling their practice to cash in equity while still doing dentistry Avoiding the burden of practice management and […]
