The question is: “What do I actually say when I’m trying to network?” And like your favorite teacher back in school, I’m going to give you the answer before the test.
Banks aren’t the only ones who can loan you money! If you’re buying a dental practice, it’s possible that the selling dentist could be involved in the loan process as well, as a lender. While it’s less common than a standard bank loan, it could become relevant in your purchase process. If it is, here’s what you need to know.
Let’s talk about sustainability.
No, I don’t mean the environmental buzzword—important though that may be.
I’m talking about personal sustainability. The ability to maintain your life, your work, yourself throughout a long and lucrative career.
So, with that in mind, here’s a piece of general advice for most dentists: don’t shoot for the stars.
Counterintuitive, right? Obviously this one is going to need a breakdown.
In a dental practice transition, you’ll have hired experts for a reason, and they’ll do their expert thing.
But hang on, because you’re an expert, too. Let me explain.
If you’re buying a dental practice, every banker will want to be your lender. You could have multiple lending offers, and choosing between them can seem tricky. Hey, it’s a good problem to have! But you’ll still have to choose, so how do you do it? I’ll share a few thoughts.
If you’re buying a practice, and you’re prepared, you’ll have options when it comes to the bank you choose to do business with. How do you know which one to choose? I’ve got a few thoughts.
For many of us, the word “negotiations” is a little tough. It sounds confrontational, difficult, and kind of scary. It’s not, I promise! At least, it doesn’t have to be. I’ll tell you why.
The Letter of Intent is a vital part of the process of buying a dental practice. This isn’t the first step in buying a dental practice, but it is an important one to get right.
Of all the questions I get from dentists, the ones around finding a practice to buy are the most common by far.
Every month I’ll put together a list of 20 practices that are worth taking a look at. Here’s how to get it.
Here are five things you can start on today to be ready to buy your dream practice.