by Kim Rey | Apr 27, 2020 | Dental Employment
The vast majority of dental office employees, receptionists, assistants, and hygienists are dedicated to their jobs, to their employers and most of all, to their patients. Not all dentists fully appreciate all the efforts of their staff members because they are busy...
by Kim Rey | Mar 26, 2020 | Dental Employment
Do You Know How Yours is Being Handled? It is amazing the extent that computers have taken over our lives in such a short time. In most offices, computers are used to schedule appointments, record treatments, file insurance, send bills and patient notices, and much...
by Kim Rey | Mar 3, 2020 | Dental Practice Sales
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 these boomers to work...
by Kim Rey | Feb 8, 2020 | Dental Practice Sales
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 on Goodwill). The best way to transfer the...
by Kim Rey | Nov 23, 2019 | Dental Practice Sales
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 we encourage you to contact us...
by Kim Rey | Nov 7, 2019 | Dental Employment
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 started in your career. Some...
by Kim Rey | Sep 11, 2019 | Dental Practice Sales
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 about that entry, you will...
by Kim Rey | Aug 10, 2019 | Dental Employment
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. A...
by Kim Rey | May 2, 2019 | Dental Employment
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, the embezzler seems to be the...
by Kim Rey | Apr 1, 2019 | Dental Practice Sales
There are a lot of details to be settled when buying or selling a dental practice. One of the more difficult items is the disposition of amounts owed by patients for dental work done by the Seller. These are known as Accounts Receivable (A/R) and their value has not...
