4 Interesting Things to Implement So Your Dental Office Runs Smoothly
By Dr. Mehmood Asghar When you walk into your dental office and see your staff members bustling around you, you might assume they are working productively. But your staff and employees are constantly trying their best to catch up with their daily tasks; they are just busy – not productive. A successful dental practice is one where routine tasks are streamlined, and all processes run...Read MoreTop 5 Fears Dentists Have About Practice Ownership (And How to Overcome Them)
There are many advantages to owning a dental practice over being an associate dentist and not owning a practice. For one, the average dental practice owner makes approximately 20% more in income than an associate dentist working for someone else. A dental practice owner also gets to choose what procedures he or she wants to perform, refer out, or delegate to an associate (if there is one)....Read Moreby omniadminMay 28, 2021 Buyer Articles, Practice Management, Practice Sales, Seller Articles0 comments
The Business Side of Dentistry – Theft and Embezzlement
By Kevin Brady, Practice Transition Advisor Experts estimate that more than 40 percent of dentists are embezzled with an average loss of $50,000. But, because the embezzlers often steal small amounts of money over many years, the thief is never noticed. The US chamber of commerce estimated that 75 percent of employees steal from their workplace and that most do so repeatedly. A majority of...Read MoreWhat You Need to Know Before Signing a Covenant Not To Compete
By Jen Bennett, Practice Transition Advisor You’ve graduated from dental school so naturally, you’re ready to get your feet wet and start seeing patients. Nearly every dentist will be an associate at the beginning of their career and with that comes the dreaded associate contract. You found a great associate opportunity and you’re eager to start collecting paychecks. But before signing that...Read MoreChoosing between Buying an Existing Practice Or Doing a New Build
By Corey Young, DDS, MBA Choosing between buying an existing practice and doing a start-up practice can be one of the biggest decisions of your life. Here are four considerations and two suggestions for when you are contemplating. The four considerations: Market Saturation – How many dentists are practicing in the area you are considering? Hardly any? One on every corner? Somewhere in...Read MoreDentist Entrepreneurial Summit 2021
What you receive when you come to the GIG M.BF. Entrepreneurial Mastermind Summit: The GIG M.B.F. Entrepreneurial Summit is designed as a total support system for Dentists/entrepreneurs with their sights set on “sky’s-the-limit” growth and the freedom to create the kind of richly satisfying life they dreamed of when they made the decision to become a dentist. With all the...Read Moreby omniadminFebruary 11, 2021 Buyer Articles, Buying a Practice, Practice Management, Practice Sales, Seller Articles, Valuation0 comments
