How To Buy A Dental Practice

How To Buy A Dental Practice Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of How To Buy A Dental Practice book. This book definitely worth reading, it is an incredibly well-written.

The Simple Guide to Selling Your Dental Practice for More Money

Author : Manfred Purtzki
Publisher : Unknown
Page : 106 pages
File Size : 55,8 Mb
Release : 2021-09-21
Category : Electronic
ISBN : 1777828708

Get Book

The Simple Guide to Selling Your Dental Practice for More Money by Manfred Purtzki Pdf

Do you want to sell your dental practice for more money than you ever thought possible? If you thought, "yes, of course," then The Simple Guide to Selling Your Practice for More Money is for you. Your dental practice transition can unlock the potential of one of your greatest assets, and can mean the difference between an okay retirement, and one that is everything you ever dreamed of. The Simple Guide is packed full of practical advice, money-making tips to boost revenue, and enough horror stories to make you sit up and pay attention. With tips for every stage of your career, this guide is an invaluable resource-because the most successful transition starts long before you put a price on your practice. In this book, you'll learn: How to maximize selling price by maximizing revenue How to choose the right transition model How to negotiate the best sale price and most favorable terms and more... It's never too late to use the advice in this guide to plan the sale of your dental practice, and it's never too early, either. You've worked hard for the practice you've built, now's the time to make sure it works for you. Manfred Purtzki is a CPA and dental practice transitions specialist with more than forty years' experience assisting dentists. He has been a contributor to the Just for Dentists newsletter (now a blog) since 1989 and is the author of several publications focusing on buying and selling dental practices. He is a popular speaker at dental conferences. Manfred launched Purtzki Transitions, a full-service practice transition and valuation firm in 1992.

How to Buy a Dental Practice

Author : Brian D. Hanks
Publisher : Createspace Independent Publishing Platform
Page : 128 pages
File Size : 53,8 Mb
Release : 2017-02-23
Category : Electronic
ISBN : 1544112114

Get Book

How to Buy a Dental Practice by Brian D. Hanks Pdf

If you're thinking about buying a dental practice, you must read this book. Thousands of dentists go through the process of buying a dental practice every year. Did they choose a good practice? Did they buy at the right price? Did they buy at the right time? The stakes are high to get the RIGHT answers to those questions. Buy the wrong practice and you're looking at stress, money worries, angry staff and patients, and a frustrated family that doesn't see you as much as they'd like. Buy the right practice, like many do, and you have the foundation upon which to thrive - happy, relaxed, wealthy and positively impacting the lives of patients and living the life of your dreams. Unfortunately, the process of how to buy a dental practice remains a black box for the majority of buyers. Advice, tips and information are spread across magazines, blogs, online forums and podcasts with no easy way to tell the good advice from the bad. Until now. How to Buy a Dental Practice walks buyers step-by-step through the process of finding, analyzing, and purchasing a great dental practice. In this book you'll find answers to questions like: - How do I find a good practice? - How do I choose a good accountant and attorney? - How can I tell a good practice from a bad one? - When is the right time to sign a letter of intent? - What can I negotiate besides price? - How do I get a bank loan? - What do I do after I find a practice to buy? After reading this book, you will be armed with the specific knowledge and checklists to find, analyze and purchase the right practice for you.

Turn Your Dental Practice Into a Successful Business

Author : Gabriel Asulin
Publisher : Independently Published
Page : 197 pages
File Size : 43,8 Mb
Release : 2018-11-23
Category : Electronic
ISBN : 1731511973

Get Book

Turn Your Dental Practice Into a Successful Business by Gabriel Asulin Pdf

How to turn your dental practice into a profitable business. "Turn your Dental Practice into a Successful Business" is a bestselling book that offers practical solutions that can be easily applied in every dental practice in order to increase its sales very quickly. The book (translated into Spanish, Russian and Hebrew) provides detailed answers to all the dental practice related marketing, management and sales questions or issues, which will allow you to increase the sales and profitability of your dental practice in a very short time. The author, Gabriel Asulin, is a world-renowned expert and became a global "guru" in the field of marketing and promotion of dental practices. Gabriel is a top presenter and popular lecturer worldwide. His seminar "How to Double your Clinic's Sales in 3 Months!" was a major blockbuster in in China, Colombia, Mexico, Russia, Israel, Bulgaria and Dominican Republic in recent years. The strategies and methods suggested by Gabriel in his book are based on many years of experience in business consulting and training hundreds of dental practices around the world. The unique management and marketing methods presented in this book are successfully used by many dental practices and have proven to significantly improve sales and profitability. In this book you will learn all about: How to attract new clients How to retain existing clients How to close big treatment plans How to manage the reception area How to perform an effective re-call How to improve the hygienist's productivity How and where to advertise What to consider before purchasing a new dental practice How to reward the staff and increase their motivation How to increase the clinic's profitability How to deal with clients who perform a market survey And much more...

How to Buy a Dental Practice: Volume 2

Author : Brian Hanks,Heather Foutz
Publisher : Createspace Independent Publishing Platform
Page : 128 pages
File Size : 42,7 Mb
Release : 2018-06-26
Category : Electronic
ISBN : 1721901663

Get Book

How to Buy a Dental Practice: Volume 2 by Brian Hanks,Heather Foutz Pdf

This book walks new and potential practice owners through the most important things to do (and what can wait!) to be successful running a newly purchased practice. In this book you'll find answers to questions like: When can I make changes in the office? How much do I pay myself and when? How do I market so I don't lose patients? How can I transition the dentistry in an office with established routines? How do I get the most out of my team and be a good boss? How do I know if buying a practice was a good financial move?

Dental Practice Transition

Author : David G. Dunning,Brian M. Lange
Publisher : John Wiley & Sons
Page : 515 pages
File Size : 50,7 Mb
Release : 2013-05-13
Category : Medical
ISBN : 9781118704561

Get Book

Dental Practice Transition by David G. Dunning,Brian M. Lange Pdf

Practice management is one of the key elements in the career of a dentist. Most dentists own their own practices and even associateships carry with them the prospect of management, accounting and dealing with health insurance providers. Dental Practice Transition: A Practical Guide to Management helps readers navigate through options such as starting a practice, associateships, and buying an existing practice with helpful information on business systems, marketing, staffing, and money management. With topics applicable to both recently graduated as well as established professionals, Dental Practice Transition is a comprehensive exposition of practice management from a dentist's perspective.

The Strategic Dentist

Author : Ali Oromchian
Publisher : Createspace Independent Publishing Platform
Page : 110 pages
File Size : 45,6 Mb
Release : 2016-08
Category : Electronic
ISBN : 1537374249

Get Book

The Strategic Dentist by Ali Oromchian Pdf

Here's Your Guide to Starting a Successful Dental Practice... To become a dentist, you must spend a tremendous amount of time and energy mastering the extensive knowledge required to practice clinical dentistry. However, most dentists are provided very little knowledge and education on how to become a successful practice owner or how to run a successful dental practice. This lack of knowledge often leads to costly mistakes for the new dentist. That's where we come in. We help dentists just like you start or purchase a successful dental practice without the costly mistakes. In this book, you will:� Learn how to set your goals and determine "Why" you want to be a practice owner.� Create a strategy to become a practice owner including choosing a legal entity.� Determine an ideal business location.� Analyze how much money you will need to get started.� Begin to create a business plan by planning for your business.� Learn how to hire employees to avoid liability. Most dentist underestimate the amount of work it takes to become a practice owner and therefore don't give it the full attention it deserves. Now you can start a successful dental practice and avoid the costly mistakes so many new dentists make. If you'd like to help, just visit www.StrategicDentists.com or call us at 925-999-8200 and we will take it from there.

The Simple Guide to Buying a Dental Practice & Getting a Great Deal

Author : Manfred Purtzki
Publisher : Unknown
Page : 114 pages
File Size : 50,8 Mb
Release : 2022-04-18
Category : Electronic
ISBN : 1777828724

Get Book

The Simple Guide to Buying a Dental Practice & Getting a Great Deal by Manfred Purtzki Pdf

Have you been thinking about buying your own dental practice, but are worried about getting a great deal? For the entrepreneurial dentists who are planning this career move, The Simple Guide to Buying a Dental Practice & Getting a Great Deal is here to guide you to success. Purchasing your own dental practice will have a profound impact on your career, so you need to do the thinking and planning necessary to make sure it is a positive impact. This guide will walk you through the steps, from first daydreaming about being the owner of your own practice, to finalizing the purchase and walking into the next phase of your career. In The Simple Guide, you'll learn: What is a realistic goal to set for your practice purchase How to find purchase opportunities How to negotiate the best sale price and most favorable terms and more... If done right, the move to practice ownership can set you up for career and financial success, so the steps in this book are designed to make sure of that. Don't set off on this path alone-take a guide with you. Manfred Purtzki is a CPA and dental practice transitions specialist with more than forty years' experience assisting dentists. He has been a contributor to the Just for Dentists newsletter (now a blog) since 1989 and is the author of several publications focusing on buying and selling dental practices. He is a popular speaker at dental conferences. Manfred launched Purtzki Transitions, a full-service practice transition and valuation firm in 1992.

Business Basics for Dentists

Author : David O. Willis
Publisher : John Wiley & Sons
Page : 432 pages
File Size : 50,7 Mb
Release : 2013-03-05
Category : Medical
ISBN : 9781118581667

Get Book

Business Basics for Dentists by David O. Willis Pdf

Dr. David Willis combines his experience as a practicing dentist, educator, MBA, and certified financial planner in this breakthrough text about managing a dental business. Rather than a checklist of steps for success, Business Basics for Dentists describes business, economic, marketing, and management principles and explains how to apply them to the dental practice. Dental students and new practitioners will learn how to use the core strategic and operational business philosophies to develop an effective dental practice. He provides the essential elements of a business course--management principles, economics, business finance, and financial analysis--without bogged down in too much detail. These are then related specifically to various aspects of running and managing a dental practice, including office communications, billing, inventory, and marketing the practice. All aspects of practice transition are approached: career opportunities, buying a practice, starting a new practice, multi-practitioner arrangements, practice valuation, and planning and developing a practice. Last, Willis included personal financial planning to ensure that the dentist is also planning for his own finances and retirement beyond the bounds of the practice.

Dental Practice Transition

Author : David G. Dunning,Brian M. Lange
Publisher : John Wiley & Sons
Page : 528 pages
File Size : 45,9 Mb
Release : 2016-07-08
Category : Medical
ISBN : 9781119119470

Get Book

Dental Practice Transition by David G. Dunning,Brian M. Lange Pdf

Dental Practice Transition: A Practical Guide to Management, Second Edition, helps readers navigate through options such as starting a practice, associateships, and buying an existing practice with helpful information on business systems, marketing, staffing, and money management. Unique comprehensive guide for the newly qualified dentist Covers key aspects of practice management and the transition into private practice Experienced editorial team provides a fresh, balanced and in-depth look at this vitally important subject New and expanded chapters on dental insurance, patient communication, personal finance, associateships, embezzlement, and dental service organizations

Partnerships in Dental Practice

Author : Marc B Cooper Dds,Marc Cooper
Publisher : Createspace Independent Publishing Platform
Page : 176 pages
File Size : 52,9 Mb
Release : 2009-06-24
Category : Electronic
ISBN : 1979883491

Get Book

Partnerships in Dental Practice by Marc B Cooper Dds,Marc Cooper Pdf

WHY BUY THIS BOOK? Because It Answers the Hard Questions Economically, dental partnerships make great sense in terms of optimizing assets, sharing costs, increasing revenues and fine-tuning division of labor. Yet in the United States, over 80% of dentists practice solo, and this figure has held steady for decades. What causes this overwhelming and enduring pattern of dentists continuing to practice solo? Top practice management advisers now declare, "One sure way to realize a return on investment in your practice is to transition the practice from a solo to a partnered enterprise." They recommend the best route to be through the process of associateship to partnership, selling 50% to the partner, then continuing to work in the practice and selling the remaining 50% downstream. This works only if and when the partnership works. What do you do with an expanded practice if the partnership doesn't work? The majority of dental associateships and partnerships underperform or fail altogether. Although no clear studies are available, a number of dental journals report the failure rate in dental partnerships to be somewhere between 70% and 90%. Why do dental partnerships have such an extremely high morbidity rate? Nearly all associateships and partnerships begin with tremendous goodwill, excitement, and enthusiasm. The future appears extremely bright. However, it is not uncommon that within five years, the shine disappears and is replaced with dissatisfaction. What causes partnerships to unravel? When an associateship-to-partnership fails, the costs are extremely high in terms of money, time and emotional distress. The effect on staff performance and patient relations can be demoralizing as well. Partnership failure in dental practices costs hundreds of millions of dollars every year and untold emotional damage. What can be done to prevent this? Surveys reveal the majority of dentists have difficulty in communications, particularly with their associates or partners. Consequently, they are ineffective at handling problems directly, resolving conflicts and making mutual business decisions. What are the factors that thwart a dentist's ability to effectively communicate to an associate or partner? It seems dentists are in a quandary. A clear path to economic freedom and asset optimization exists through recruiting an associate and transitioning the associate to a partner. The problem is most dental partnerships don't work. This book provides answers to the most common and destructive issues and problems that cause dental partnerships to fail. If you are considering a partnership as a strategy, or if you currently have an associate or partner, this book will enhance your ability to succeed.

Business Basics for Dentists

Author : James L. Harrison,David O. Willis,Charles K. Thieman
Publisher : John Wiley & Sons
Page : 486 pages
File Size : 47,5 Mb
Release : 2023-10-31
Category : Medical
ISBN : 9781119892854

Get Book

Business Basics for Dentists by James L. Harrison,David O. Willis,Charles K. Thieman Pdf

Concise yet comprehensive overview of business management principles tailored for dental practices, with strategies to apply the core concepts to achieve success Rather than presenting a rote checklist of steps for success, Business Basics for Dentists, Second Edition describes business, economic, marketing, and management principles and explains how to apply them to dental practice. Now fully updated throughout, this book provides the essential elements of a business course—management principles, economics, business finance, and financial analysis—without getting bogged down in too much detail. Dental students and new practitioners will learn how to use the core strategic and operational business philosophies to develop an effective dental practice. The business management principles are related to various aspects of running and managing a dental practice, including office communications, billing, inventory, and marketing. All aspects of practice transition are approached, including career opportunities, buying a practice, starting a new practice, multi-practitioner arrangements, practice valuation, and planning and developing a practice. The book also covers personal financial planning to ensure that the dentist is also planning for their finances and retirement beyond the bounds of the practice. Business Basics for Dentists, Second Edition covers: Personal money management and insurance needs, reducing the personal tax burden, estate planning, and securing financing Business entities, basic economics, the legal environment of the dental practice, financial statements, and business taxes and tax planning Management principles, planning the dental practice, financial analysis, and control in the dental office, maintaining production and collections, and gaining case acceptance Generating patients for the practice, controlling costs, promoting staff effectiveness, and maintaining daily operations Focusing on the transition period from a dental student, through corporate employee, to ownership, Business Basics for Dentists is a valuable tool for dental students and professionals seeking to further their career path through actionable advice from experts in the field.

Managing Health and Safety in the Dental Practice

Author : Jane Bonehill
Publisher : John Wiley & Sons
Page : 280 pages
File Size : 48,7 Mb
Release : 2011-02-02
Category : Medical
ISBN : 1444390317

Get Book

Managing Health and Safety in the Dental Practice by Jane Bonehill Pdf

The main purpose of this book is to provide clear, straightforward information about the key requirements relating to health and safety in dental practices, with a practical and user-friendly approach to help manage these issues on a day-to-day basis. It assists practice managers, dentists, dental nurses and other team members in making health and safety 'second nature' by integrating it into their usual routine - thereby preventing accidents, addressing unacceptable working practices, and maintaining professional standards in order to ensure, so far as is reasonable, the protection of employees and patients. The book offers comprehensive coverage of all major topics, from the handling of hazardous substances to the management of medical emergencies. Each chapter includes: A tab for ease of reference A bulleted list outlining the scope of the chapter A list of figures An introduction to the subject and its relevance to the dental practice A list of key legislation relating to the subject The subject content broken down into sub-headings A summary to help reflection and recollection An action check list to measure against existing working practices frequently asked questions to assist in practical application Each topic is covered with specific reference to dental practice needs, with all the necessary detail but no excessive technicality. Ultimately, this book shows how a healthy and safe workplace is eminently achievable.

First Time Dentist

Author : Adam Heim
Publisher : Unknown
Page : 165 pages
File Size : 55,8 Mb
Release : 2018-05-02
Category : Electronic
ISBN : 1981039759

Get Book

First Time Dentist by Adam Heim Pdf

Owning a dental practice can be one of the most professionally satisfying and lucrative investments of your life. However, buying a dental practice can be a daunting endeavor. Successfully closing on a practice requires you to have knowledge of many different facets of business - accounting, legal, operations, human resources, and much more. Most dentists will quickly find a maze of sometimes biased information from an industry which does not have their individual interests at heart. Practice purchases are further complicated by the incentive structure of brokers - which requires a buyer to pay to hire their own representation.The author (Adam Heim) was presented with this exact scenario when he helped his wife purchase her dental practice in 2014. After the experience concluded, the author felt compelled to do something about it, and created Firsttimedentist.com, a hub of information related solely to helping dentist find, buy and manage their dental practices.In the "First Time Dentist" book, you will take a guided tour on the steps necessary towards buying a dental practice. Concepts include: Lifestyle Design/Vision Setting, Building Your Transition Team, Finding and Assessing a Practice, Financial and Performance Analysis, Negotiating, and Closing on the practice (of your dreams!), my Mistakes, Cost of Purchasing, and much more!The mission of First Time Dentist is to "Inspire Practice Ownership, Through Action." So please consider purchasing the "First Time Dentist" book and take the first action step towards owning the practice of YOUR dreams!

Dental Practice Hero

Author : Dr Paul Etchison
Publisher : Dental Practice Hero
Page : 264 pages
File Size : 47,7 Mb
Release : 2017-12-30
Category : Electronic
ISBN : 099978630X

Get Book

Dental Practice Hero by Dr Paul Etchison Pdf

Dr. Etchison is not your average dentist. A visionary leader, he combines marketing and business knowledge, clinical excellence, and leadership to create a thriving growing practice. And he wants to share this special knowledge with you. It's time to set off on a quest to implement systems that take your practice to the next level inspire your team to greatness and help you become the visionary leader who can transform your practice and your life. In Dental Practice Hero, the reader will learn the systems Dr. Etchison used: -to grow his startup to 1M in collections the first year, and continue to grow 30-40% each year after to almost 3M in just 5 years and still growing! And all out of 5 ops! -to destress the day to day of running his practice, so that he could only do 3 days/week of clinical. -to become the leader that influences practice culture so positively, that practice growth becomes organic. Reviews: "Paul's book has all the elements necessary to assess your practice as well as your life and make it exceptional. Most books written for dentists, are designed to provide some cheerleading, give you a few helpful nuggets to improve you practice, and then motivate you to sign up with their consulting services. This book, however, breaks down piece-by-piece every component of a highly functioning practice and provides the tools and insight to take your practice the highest level possible. You get ALL the nuggets needed to redesign your practice and in-effect create the life you desire. Thank you Paul for providing this book at a critical time when many dentists are scrambling to find the answers to an ever-changing field." - Dr. Lance Pietropola "Dr. Paul's Book "Dental Practice Hero" is an easy to digest, real world entertaining look at the way all of us private practitioners should be practicing. He provides humor insight and a lot of great and easy to understand examples of what he is trying to get across to the reader. He organizes the book into subcategories that make it simple to tackle the issues we face in our dental offices one problem at a time. What I really enjoyed was how he uses a different perspective on how to view things we see as road blocks and turns them into manageable "bumps in the road." A great read. Definitely recommend. Picked up a lot of great information that I should have implemented when I started working in private practice years ago." - Dr. David Sanders "Dental Hero, is a must read for any entrepreneur. A truly inspiring and enjoyable piece of literature. Dr Etchison's philosophies are now at the core of how we practice/manage our business." - Dr. Sunil Kurup "Great Guide for modern methods combined with compassionate dentistry. Comprehensive methods to differentiate your dental practice and increase you income! I have implemented the methods in the book and it has helped my office grow past 1.5M in a 1 doc practice with room to grow." - Dr. Joe Lee

Case Acceptance in the Modern Dental Practice: Break Down Barriers, Increase Referrals and Boost Patient Satisfaction

Author : Adam McWethy,Frank Spear, D.D.S.
Publisher : Lulu.com
Page : 134 pages
File Size : 44,8 Mb
Release : 2017-11
Category : Health & Fitness
ISBN : 9781483471068

Get Book

Case Acceptance in the Modern Dental Practice: Break Down Barriers, Increase Referrals and Boost Patient Satisfaction by Adam McWethy,Frank Spear, D.D.S. Pdf

Case Acceptance in the Modern Dental Practice focuses on that very issue and clearly outlines a number of scenarios to help you break down barriers through effectively communicating the value of dentistry with each patient. Each individual that sits in your chair will require a unique style of communication, and this is predicated on far more than the patient's personality. You have to know your patient and the many factors involved that may make a successful interaction harder to achieve. The findings and insights in this book - based on Dr. Frank Spear's real-world experience and Adam McWethy's extensive patient-focused research - will become your key to better understanding your patients in your mission to unlock greater case acceptance, improve practice growth and increase profitability.