“I always thought that facing retirement would be easier.” This was a really insightful, honest response from a Townie in a discussion thread about encore careers. This post isn’t about setting typical dental practice goals, like year-over-year growth, new patients, or profit margins. Instead, this post is about setting goals for your transition to retirement….Read More→
Tag: Dentaltown
Buying A Dental Practice: Buyins/Buyouts & Mergers
Next up I’ll talk about the “non-traditional” general dentistry practice and how you need to approach those situations. What do I mean by “a non-traditional general dentistry practice”? I’m referring to general dentistry practices that have developed somewhat of a specialty niche that they focus on within their general dentistry practice. This could be services…Read More→
Buying a Dental Practice, There’s More To It Than Price-Part III: Buyins/Buyouts/Mergers & Special Situations
Recap from Townie 2018 Presentation Blog #2 talked about those “special” situation practices like the fixer-upper, the recent start-up, the refurbished practice and the vacant space practice. I wanted to share two actual case studies with you, one with the recent start-up and the other with the fixer-upper. CASE STUDY #1 Let’s start with the recent…Read More→
Buying a Dental Practice Is About More Than Just Price
Are you considering buying a dental practice and aren’t sure where to start? In 2014, Naden/Lean Partner Tim Lott presented Part One of a seminar on “Buying a Dental Practice: It’s Not Just About the Price.” In it, he discussed financial due diligence, what information to ask for, how to conduct the office visit, and…Read More→