Dental Business Resource Articles

Blog resource articles offering trends, tips, and insights on the business of dentistry. From finance and insurance to improving productivity and planning your retirement, you'll find helpful information here.

09/02/2021

How to Sell a Dental Practice

Category:  Dental Business Resource Articles

How to Sell a Dental Practice: Top Questions Sellers Ask Figuring out how to sell your dental practice is a process filled with important decisions and questions to be answered. Just as you implemented a strategy to build your dentistry…

12/29/2020

How to Attract New Patients and Grow Your Dental Practice

Category:  Dental Business Resource Articles

One of the most exciting parts of owning a dental practice is attracting new patients. It is, after all, one of the reasons you set out to be a dentist – to bring a smile to your patients’ faces. Increasing…

11/19/2020

How to Manage Staff Expectations When Transitioning a Dental Office

Category:  Dental Business Resource Articles

Buying a dental practice is often one of the most exciting and rewarding endeavors you will experience as an entrepreneurial dentist. It’s also a transition that comes with a fair share of challenges, and managing the staff is near the…

09/30/2020

Interested in Buying a Dental Practice? 5 Considerations to Keep in Mind

Category:  Dental Business Resource Articles

Buying a dental practice is often the most profound career milestone a dentist achieves. However, this feat also comes with its fair share of challenges and considerations. Failure to proceed with caution can result in devastating financial consequences and squander…

07/09/2020

Dentistry and COVID-19: Economic Impact on Dental Practices

Category:  Dental Business Resource Articles

At US Dental Transitions, we’re no stranger to the conflicting perspective dentists often have about operating their practice. We commonly hear: “I love being a dentist. I’m just tired of managing the practice.” Being a Dentist is One Thing. Managing…

06/05/2020

How to Value a Dental Practice: Key Appraisal & Valuation Methods

Category:  Dental Business Resource Articles

When buying or selling a dental practice, one of the most fundamental processes of the deal is how to value it. The fact of the matter is, most dentists don’t know the current value of their practice. And when it…

04/24/2020

How to Make Your Dental Practice More Profitable

Category:  Dental Business Resource Articles

If you’re looking for ideas on how to make your dental practice more profitable, it’s important to take a step back and look at your entire practice from a 10,000-foot view. It’s relatively easy to get very granular and evaluate…

04/13/2018

INFOGRAPHIC: What Leads to Dentist Burnout

Category:  Dental Business Resource Articles

03/07/2018

When You Should Bring in a Dentist Associate

Category:  Dental Business Resource Articles

Once your dental practice has matured, there are a lot of questions you must ask yourself about the future. Questions like “How do I grow my customer base?” or “Is it time to hire a dental transitions firm and move…

02/21/2018

What Trump’s Tax Bill Means for Dentists

Category:  Dental Business Resource Articles

As with any tax bill, Trump’s new one can be tough to understand and downright unclear at times, if you’re not familiar with tax jargon. Due to their role in the buying and selling process, you could contact a dental transitions…

12/13/2017

3 Reasons You Need a Dental Practice Retirement Plan

Category:  Dental Business Resource Articles

Building a successful dental practice takes decades of hard work and commitment. The payoff will be years of comfort, but only if you carefully craft a retirement plan. If you want to sell your dentist office, a critical first step is…

11/29/2017

How to Take Care of Your Staff During a Dental Transition

Category:  Dental Business Resource Articles

If you’re trying to figure out how to sell your dental practice, at some point, you’ll have to consider how your staff will be treated once you’re gone. All too often, dentists are worried about the staff that they’ve carefully been investing in for years.   Many owners avoid a conversation altogether…

11/15/2017

3 Ways to Spot A Failing DSO

Category:  Dental Business Resource Articles

Dental service organizations (DSOs) work with practices to support dentists in management and non-medical operations. If you’re looking to sell your dentist office as part of a DSO, you should know that these organizations maximize your practice’s efficiency and profitability….

10/25/2017

Dental Practice Management: How to Prepare for the Unexpected

Category:  Dental Business Resource Articles

If an unexpected incident occurs in your life, do you have a plan for your dental practice?  As an owner, it’s imperative you take the initiative to craft a backup plan in case an event should occur. Working with a…

08/23/2017

Tax Consequences of Selling or Buying a Dental Practice

Category:  Dental Business Resource Articles

When considering the sale of your dental practice, it’s important to consider the tax consequences. Specifically, you’ll want to investigate how much of the final sale price is allocated towards your practice’s assets. This includes items like furniture, fixtures, equipment,…

12/26/2013

The Associate Dilemma, Part II

Category:  Dental Business Resource Articles

Associateships as a Transition Plan Most associateships never materialize into a practice sale, and often end up involving lawyers to untangle ill-advised and poorly drawn covenants… Why? Poor planning. There is one scenario that we hear about over and over…

The Associate Dilemma, Part I

Category:  Dental Business Resource Articles

Not every practice can support an associate. Can yours? Dentists who are contemplating hiring an associate must answer these questions: Do you have a one-man dental practice? Many host doctors have grown their practice to slightly more than a one-person…

11/20/2013

Retaining Patients After a Dental Practice Sale

Category:  Dental Business Resource Articles

Retaining Patients is the most critical concern a buyer tackles after buying a Practice. Successful patient retention requires a business plan to be implemented immediately after closing, the duration of which lasts from the initial introduction of the buyer and…

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