The contemporary dental landscape has been dramatically impacted by the Covid-19 pandemic as consolidation in the industry has forced many dental professionals to sell their practices to corporate consolidators. Long before the pandemic, the dental space was trending toward larger practices, due in part to the costs of technological advances. But there are still...
Top 5 Things Your Dental Startup Needs in the New Normal Continue reading…
Category: Practice Start Ups
Reining in Dental Practice Overhead
Running a successful dental practice requires you to control your practice overhead. By working with a team of experts, including a CPA and an attorney who provides services to dental professionals, you can learn what they didn’t teach you about business expenses at dental school. This article is a brief discussion of dental...
Beware of the “Bundled” Loan and Mortgage If You’re Buying a Practice
Here's some information for those dentists who are looking to finance their practice acquisition.
Background:
I was recently working with a dentist that was purchasing a practice and the accompanying real estate. The practice was in a medical condominium complex with other dental and medical providers. Originally, I was just asked to help the client clear...