Buying Another Location
By Megan Urban, Omni Practice Group It’s very exciting to think about adding a location! Here are some issues to think about before making this big decision. Why? If it’s to increase collections, maybe you can simply add more days or extended hours at your current location. Verify what your current patient retention is to determine if you need to mine from existing patients. Is there any area...Read MoreWhat Dentists Need to Know Before Selling to a DSO
By Rod Johnston, MBA, CMA Selling your practice is a major decision you face. You must decide when is the right time to sell? At what price will you sell? To whom do you want to sell your practice? And how will you transition out? These last couple of years haven’t helped any with Covid not going away anytime soon, the economy during a recession, and potential tax increases at the state...Read MoreWhat Do You Think Your Practice is Worth?
Megan Urban, Practice Transition Advisor at Omni Practice Group, explains why it is a good idea to get an understanding of what your practice is worth 2-3 years before you plan to sell. https://youtu.be/93r-dD-eH_cVideo can’t be loaded because JavaScript is disabled: What Do You Think Your Practice Is Worth? (https://youtu.be/93r-dD-eH_c) Read MoreNew Year’s Resolution for Associate Dentists in 2022
By Rod Johnston, MBA, CMA Happy New Year! We would like to wish you a new and improved year over 2020 and 2021. If you’re like most people, you have set some New Year’s resolutions. Perhaps one of them is going to the gym. Another may be eating healthier. A third popular one is spending more time with family and friends. Statistics show that on average, it takes 32 days before people...Read Moreby omniadminDecember 23, 2021 Practice Management, Practice Transtions, Seller Articles, Selling a Practice0 comments