EBITDA – six letters that can make all the difference in your dental practice transition. Whether you’re thinking of buying or selling a practice or just want to know what your practice is worth, all you need to do is calculate your practice’s EBITDA, and you have the magic key that unlocks all the […]
Dental School Debt Repayment: Smart Strategies for Your Future It’s common for an engagement with a new client to begin in the late summer or early autumn. This is when most new dental school graduates are fully licensed, employed in some capacity, and are trying to get financially situated. Also, impending student loan payments will […]
In today’s economic climate, dentists are becoming increasingly discouraged by the shortage of available practices for sale and are considering scratch-start practices. What to Consider if You’re Building a Dental Practice There are many things to consider if you decide you’re going to build or buy a dental practice. Dental Practice Financing To pay for […]
Whether you are a first-time dental practice owner or someone looking to expand, relocate or add an additional location, the options for financing dental practice in a post-COVID economy have never been this extensive. When it comes to the types of financing available for dental practice purchases, the most common options are conventional banks, Small […]
Whether you are a first time practice owner or someone looking to expand, relocate or add an additional location, the options for financing today have never been more extensive. When it comes to the types of financing available for the purchase of a dental practice, the most common options are conventional banks, small business loans […]
Never has there been a time when retirees need good strategies to safeguard retirement income throughout a long retirement. The combination of increased life expectancy and near-zero income creates the need for a new retirement thought process. Currently, financial planners use a paradigm of “safe withdrawal rates” and “expected returns” for different allocations of stocks, […]
Nationwide bankers are still willing to fund practice acquisitions, even if the pricing is high. There is no time like the present to investigate your options. If you are a new dental practice owner, you have probably been bombarded by the dismal economic news. You may be incredibly concerned about how your practice will fare […]
Deciding whether or not to purchase a dental practice is arguably among the most important steps that face a young dentist. The decision will have a great impact on his/her professional development, financial success, and lifestyle for many years. If you’ve decided to purchase, you should take certain steps to achieve a good outcome. Just […]
Our organization has found that more dentists than ever are selling their practices and moving on to an active retirement or a new vocation. The retirees who postponed their retirement due to the stock market decline post 9/11, the baby boomers who are beginning to retire, and the dentists who are moving to new areas have […]
Today, if you are a dentist and do not own all or part of a practice, the question is not Why?, but Why not? Naturally, there are some compelling reasons why individuals choose not to own their own practice. However, the current environment makes the benefits of ownership so overwhelming, it is difficult to understand […]
In most life situations, people use specialists to help them obtain the help they need. People go to their dentists to obtain dental care. They go to a medical doctor to obtain medical care. They seek the services of insurance agents to help design an insurance program to meet their needs. They seek the help […]