Most dental office employees—whether receptionists, assistants, or hygienists—are committed professionals who care deeply about their patients and take pride in their work. Dentists, often focused on clinical responsibilities, may not always fully recognize the day-to-day contributions of their team. But
Do You Know How Your Phones Are Being Handled? It’s amazing how much computers have transformed the way dental offices run. Scheduling, billing, insurance claims, treatment records, reminders—all are now digitized, streamlined, and efficient. Yet for all the high-tech systems
Have you ever considered merging a smaller dental practice into your own? As many baby boomer dentists move toward retirement, we’re seeing a rise in small, underperforming practices—often collecting less than $500,000 annually. Many of these practices belong to doctors
Short answer? Absolutely. When you buy a dental practice, you’re not just buying equipment, charts, and office space—you’re investing in goodwill. And one of the best ways to preserve and transfer that goodwill from the seller to you is through
Buying a new practice or selling at retirement is one of the most important transitions of your career. Here are our top 10 tips to help you prepare and succeed: 1. Sign a Confidentiality Agreement Before reviewing financials, you’ll need
Dental Support Organizations (DSOs) have become a major force in dentistry and are expected to continue growing in the years ahead. In the past, new dentists often began their careers as associates in private practices, sometimes leading to partnerships or
If you review a dental practice tax return or Profit & Loss statement, you’ll often see an expense called “Depreciation” (sometimes listed as “Depreciation/Amortization”). Ask an accountant or broker what it means, and you’ll likely hear: “That’s a non-cash expense.”
Many businesses want to protect themselves from competition from a former employee. And the more important the employee, the stronger they feel about protection. Most often, this protection comes in the form of a Restrictive Covenant (RC) or Non-Compete Agreement.
Most dentists think of their practices as small, close-knit teams where embezzlement “could never happen.” Unfortunately, it does—and often more frequently than expected. Ironically, the employee who commits embezzlement is often seen as the “perfect employee”—hardworking, loyal, always in control,