**Red Flag Reasons for Sale** Whenever you are buying a practice, it is really important to find out the reason for sale and to assess whether this reason actually is plausible. I have refused practice purchases myself and also advised clients to stay away when the reason for sale doesn’t make any sense whatsoever. It…
I take a multi-step process when choosing a location for my startups. I have started 15 practices and approached each in a similar way. One important step of this process is a thorough competition analysis. While many established dentists will tell you that it’s not about the competition, if you work hard and provide an…
I’ve stated this in many posts and articles over the years. Learn to delegate. Doing everything yourself is not business ownership – it’s basically just buying yourself a job
Many people ask my what the difference is between life as an associate and a practice owner. In this series of articles, I’ll delve into the main things you need to be prepared for.
Hierarchy is very important especially if you want a passive business that runs itself with only little input from you. However more than just having a hierarchy, i
You must be able to take out teeth. Most general practices will have lots of exodontia. Not only is it profitable but it is a requirement to get the majority of toothache patients
Nowadays, many shopping centers are asking dentists to contribute to a marketing fund for the entire shopping center. Sometimes this is a fixed amount per tenancy,
Many people ask me about various aspects of a passive income dental practice where you don’t actually work much in the practice yourself. Here is a collection of tips