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.
Here are five things you can start on today to be ready to buy your dream practice.
My number one financial tip for new dentists can be summed up in one word:
WAIT.
It’s one word, but it means a couple of different things.
If you’re going to own a dental practice, will you have to become an expert business owner? Nope! But if you do this simple thing and focus on reviews, it can help kickstart your career and keep the patients coming through the door.
The difference between being prepared or not is the difference in how much stress you’ll go through in your transition process. (I often talk about networking with “gray-haired dentists”; don’t become one of them before your time.)
Let me tell you about two clients. Both true stories, one bad, one good.