Frequently Asked Questions
We have compiled some of the most commonly asked questions from our clients and dentists thinking about the business of dentistry. Our FAQ list covers dozens of topics and provides great insight into some difficult and complex questions.
Financial Definitions Reference
Clearly they do not teach accounting and finance in dental or medical school. To help, we have compiled a list of common financial terms and their definitions to help doctors understand and calculate some of the most important financial metrics of a business or practice.
5 Reasons for a Practice Valuation
For practice owners, the reasons for a practice valuation may not always be as obvious as you think. Even if you’re not considering a sale, merger or transaction, having a regular practice valuation process makes good business senses.
We are speaking at the Chagrin Valley Chamber of Commerce event on Wednesday 9/13/2017 to provide members with a brief overview on the Fundamentals, Theory & Methods of business valuations. Here’s the short presentation we shared with the audience, welcome any feedback and questions.
Associate & Partner Question List
Finding the right associate positions or potential partner buy-in opportunity is not easy. To help, here is a list of questions we encourage dentist ask in their evaluation process of an associate or partnership opportunities.
5 Stages of Practice Transitions
There is lots to consider with the purchase or sale of a dental practice. This short article lays some of the ground work for both buyers and sellers to consider as they prepare for a purchase or sale.
Tax & Purchase Considerations for Dental Practices
When buying or selling a practice its important to know what your purchasing and the impact of purchase price allocations. Be mindful as these have significant and irrevocable tax consequences for both parties.