How to Buy a Dental Practice PDF Download
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Author: Brian D. Hanks
Publisher: Createspace Independent Publishing Platform
ISBN: 9781544112114
Category :
Languages : en
Pages : 128
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Book Description
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.
Author: Brian D. Hanks
Publisher: Createspace Independent Publishing Platform
ISBN: 9781544112114
Category :
Languages : en
Pages : 128
Get Book Here
Book Description
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.
Author: Brian Hanks
Publisher: Createspace Independent Publishing Platform
ISBN: 9781721901661
Category :
Languages : en
Pages : 128
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Book Description
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?
Author: H. M. Smith
Publisher: Wheatmark, Inc.
ISBN: 1604945265
Category : Business & Economics
Languages : en
Pages : 189
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Book Description
Any professional practice transition activity--whether buying, selling, or associating--is one of the most important events that will happen in your professional career. Making a mistake in the process can have long-lasting effects on any or all of the parties to a transition. Dental Practice Transitions Handbook will provide you with the answers to basic questions when considering any transition. It is not intended to replace the experts, brokers, consultants, attorneys, accountants, and financial advisors that should be consulted as you proceed through a transition, but it should give you an understanding of the process, what to expect, and a starting point from which to begin your journey. About the Author H. M. Smith has earned a masters in business administration and is founder of Professional Transitions, a dental practice transitions consulting firm. He has been involved in dentistry for over thirty-five years and is currently the director of Transition Strategies at the Pride Institute. He has lectured at the University of Florida and Nova Southeastern University, and has presented a practice management course on transition strategies to the University of the Pacific, Marquette, and Indiana University dental schools. Mr. Smith is past president of the ADS (American Dental Sales), a member of the Practice Valuation Study Group, and a member of the Institute of Business Appraisers. He has also written numerous articles for Dental Economics on transition subjects and issues. Endorsements "If you now or ever will own, sell, or work in a dental practice this book is a must read. Hy's decades of experience in creating WIN-WIN-WIN (seller-buyer-patients) transactions is yours in a clear, concise, and entertaining account. Wherever you are in your career, the tools to create your ideal future lie within these pages." Gary M. DeWood, DDS, MS, Executive VP, Spear Education "In my long experience of working with dentists at every phase of their professional careers, I have found that finding values-driven WIN-WIN advice in transitions to be difficult and frustrating. At the Pride Institute, we trust Hy Smith's integrity and expertise! Dentists deserve good, fair information and counsel that supports their transition choices. This book delivers." Amy Morgan, CEO, The Pride Institute "No one knows more about buying or selling a professional practice than Hy Smith. My own transaction benefited greatly from his knowledge and thirty years of experience. I can't imagine anyone buying or selling without consulting this book first." Gerardo Santiago, DDS "Buying or selling a practice is full of pitfalls. Trying to do so without the help of a consummate professional like Hy Smith is a folly. My own experience couldn't have been better, thanks to his firm. I would urge any professional to read this book and consult with Hy Smith before taking action." Ron Gillenwaters, DDS
Author: David G. Dunning
Publisher: John Wiley & Sons
ISBN: 1118704568
Category : Medical
Languages : en
Pages : 409
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Book Description
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.
Author: Manfred Purtzki
Publisher:
ISBN: 9781777828707
Category :
Languages : en
Pages : 106
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Book Description
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.
Author: Mervyn Bright
Publisher: CRC Press
ISBN: 1498792359
Category : Medical
Languages : en
Pages : 205
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Book Description
The training and culture of dental practice is based on clinical treatment and patient care. However in order to run their practices efficiently dentists and their staff must have business acumen and knowledge for which most are unprepared. This clear and authoritative guide presents the facts of practice finance explains how practice income can be maximised through its various sources and identifies the pitfalls and opportunities for further development. The 'New Contract' and reforms to the NHS system emphasize the need for the dental profession to respond effectively to the changed environment and this concise and comprehensive reference has been designed to meet this need.
Author: Mark Costes, Dds
Publisher: Independently Published
ISBN:
Category :
Languages : en
Pages : 342
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Book Description
Buying a dental office can be one of the biggest financial decisions you make in your life. Make sure you do it the right way from the beginning with the expert knowledge and documents found in this book. Between the authors, they have purchased and sold more than 20 practices, and the knowledge they pass along in this book can save you hundreds of thousands of dollars over the course of your practice career!
Author: Dr Paul Etchison
Publisher: Dental Practice Hero
ISBN: 9780999786307
Category :
Languages : en
Pages : 264
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Book Description
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
Author: John Laszlo
Publisher: Xlibris Corporation
ISBN: 1524597317
Category : Medical
Languages : en
Pages : 607
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Book Description
CUSPID - Clinically Useful Safety Procedures in Dentistry: Volume 1 and Volume 2. This clinically oriented and illustrated textbook of over 1,600 pages published on the 1st August 2018 to coincide with the General Dental Council's introduction of Enhanced CPD for all dental registrants; now provides every member of the dental team with the means to easily undertake and complete ECPD in line with the GDC's requirements for outcome C: Developing and maintaining knowledge and skills in dental practise. In the two volumes of CUSPID: Five safety critical subject areas are systematically presented: CUSPID Volume 1: Chapter 1: Medical Emergencies. Chapter 2: Medicine and Drug Safety. CUSPID Volume 2: Chapter 3: Infection Control. Chapter 4: Radiation Safety. Chapter 5: Oral Cancer. All GDC registrants from the vocational trainee, to the experienced practice principal leading a clinical team can use the 2 volumes of CUSPID to complete their ECPD. Furthermore, the essential roles of all dental care professionals are comprehensively recognized in this textbook. Dental colleagues who are certainly well-experienced but at times under-appreciated and often over-worked; nurses, technicians, therapists and hygienists can use CUSPID to achieve their ECPD goals. By answering the 650 multiple choice questions and participating in Peer Review, some 80 hours of ECPD can be claimed and verified by completing the certificates and log sheets at the end of each of the 5 chapters. For dentists, this forms the core of the ECPD required by the GDC: 80 hours out of the 100 hours required in the 5 year ECPD cycle. For other dental registrants, by using CUSPID; the ECPD achieved can significantly exceed the 75 hours required for clinical technicians, hygienists and therapists, or the 50 hours required for technicians and nurses to complete their respective 5 year ECPD cycles, securing their registration with the GDC. Carrying out the reflective reviews at the end of each chapter forms the foundation upon which a Professional Development Portfolio can be based, adding further to the ECPD totals which can be gained from CUSPID. In addition to ECPD, learning from CUSPID provides an opportunity to achieve a solid working knowledge of the safety critical disciplines required for safe clinical practise. Using both volumes of CUSPID ensures you are not only working safely, you are doing so in accordance with the most recent evidence based clinical guidelines; in line with the GDC's requirements for ECPD for every dental professional from August 1st 2018 onwards.
Author: Ellen Roberta Dietz
Publisher: Singular
ISBN: 9780766807310
Category : Medical
Languages : en
Pages : 422
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Book Description
This comprehensive book takes readers through the various tasks associated with front office dental procedures, preparing them for the office of the 21st century. Five-sections-the business of dentistry, practice communications, clinical records management, business and financial records management, and employment opportunities-are supported by learning objectives, key terms, and key concepts. Skill building for Success Student Activities (role-plays and problem-solving activities) and Skills Mastery Assessment Post-tests are provided at the end of each chapter (Dental Assisting, Dental Assist., office management)
