Prologue
My Story
How a practice grossing $750,000 became one grossing $3.5 million in eight years.
The Issue
Spring 2016
Contents
Getting Started
Taking the Fear Out of Debt
Average student debt above $240,000, up more than 66 per cent in a decade. A different way to see it: when you buy a practice, the business borrows the money, not you.
Getting Started
Associate Compensation Needs vs. What Today’s Employers are Willing to Pay
What can an associate expect to be paid? Two questions come first: what are your goals for the position, and what kind of practice are you interviewing with?
Getting Started
Is Your Future So Bright You Have to Wear Shades? How to Write a Business Plan
An annual business plan is how you communicate with lenders, contractors and vendors.
Getting Started
Do You have What it Takes to Be a Successful Practice Owner?
Wall Street and venture capital are buying and building practices with hundreds of millions behind them.
Getting Started
Should I Work for Someone Else?
Join an existing team or build your own? The advantages and disadvantages of each, and a question worth noticing your reaction to: how do you feel about the word employee?
Business Fundamentals
Common Types of Contracts Young Dentists See After Dental School
Associateship agreements, offers to purchase, letters of intent and partnership agreements. What each commits you to, and how to negotiate them rather than sign them.
Business Fundamentals
Top Tax Strategies for Young Dentists
Tax efficiency is always the goal and rarely the priority. Strategies worth reviewing before year end, from cost segregation on upgraded real estate to gifting the right assets to…
Business Fundamentals
Your Patient Expects It, HIPAA Requires It. Does Your Software Protect Your Patient's Information with Encryption?
NBC News estimated one in three healthcare records has been compromised, with over 100 million exposed in a year.
The Power To Succeed
Don’t Be a Mosquito In A Nudist Colony. Why Lifetime Goals are So Important
The mosquito knows what to do and not where to begin. Why next year's destiny is 365 days accumulated one at a time, and why lifetime goals decide what you do tomorrow.
The Power To Succeed
The Dental House of Cards
The candidate who crafts the better narrative wins the election, and the same holds in dentistry.