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 another small dental practice into your own? As today’s boomers begin the descent from their lifelong careers into retirement, many have waited a little too long. The economy of the early 2000s forced many of
The short answer is: YES! It is very important to retain most, if not all, of the staff of the practice you are purchasing. The value of the dental practice you are purchasing is largely Goodwill (see our earlier blog
When it comes to buying a new dental practice or selling your practice at retirement, it’s one of the most exciting and important events of your life. We specialize in making this process as efficient and effective as possible, and
Dental Support Organizations (DSOs) have become a significant factor in dentistry and are expected to be an even bigger factor in the coming years. Previously, associating with a dentist in private practice was one of the best ways to get
If you ever look at a business tax return or a Profit and Loss Statement for a dental practice, you will undoubtedly see an expense listed as “depreciation” or sometimes “depreciation/amortization.” And, if you ask a broker or an accountant
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.
In general, dental offices are small, close-knit entities where you would think embezzlement would not be a problem. But like most other businesses, it can be a problem and it does occur more often than you would expect. Many times,