The Complete Guide to Buying Your Dental Practice
Maggiano's Little Italy - Plano, Texas
Friday, April 11, 2025
1:00 PM - 4:00 PM
Location: 6001 W Park Blvd, Plano, TX 75093
A COMPREHENSIVE LOOK AT THE CURRENT MARKET OF BUYING A PRACTICE PRESENTED BY INDUSTRY EXPERTS
This event is for dentists who are considering buying a practice in the near future. In this course, you will learn about the legal, financial, logistical, and emotional aspects of buying a dental practice. Our team of experts will lecture and conduct Q&A sessions on the following topics:
- What to expect: The sequence of a dental practice transition
- Steps to purchasing a practice
- “Value vs. Price”
- The importance of Purchase Price Allocation
- 4 Keys of Bank Lending for Practice Acquisitions: Loan to Gross Ratio (How much the borrower can get), Liquidity (How much lenders like to see in “reserves” for a borrower), Production (How lenders make sure that the new owner will hit the ground running), Cash Flow (What it means and how it is calculated)
- Legal issues regarding buying a dental practice, including non-competes, tax structures and allocation, and liabilities
- Real estate issues that must be addressed
The Seminar is $49.00 through April 1st. After April 1st the price returns to $199. Reserve your spot today!
INCLUDES 2.5 HOURS OF INSTRUCTION, APPETIZERS, AND COURSE MATERIALS FOR YOU AND YOUR SPOUSE.
SPEAKERS:
Jon Rutty, Omni Practice Group, Transition Broker – As a dental consultant with 15 years of experience, Jon Rutty has consulted in 41 states and has successfully helped small, medium, and large dental practices significantly increase their monthly revenue and collections. Jon has also guided practice owners in building their production which in turn resulted in their dental practices being sold for a higher profit. Jon resides and lives in Allen, Texas with his wife and four children. He has a passion for baseball, particularly supporting the Rangers. Jon has resided in Texas for the last 35 years and recently accomplished his first full marathon in December 2023.
Rod Johnston, MBA, CMA, Owner and Principal Broker, Omni Practice Group – Rod has a vast amount of knowledge, experience, and education in all aspects of business and real estate that provides incredible value to every medical practice. He has managed, owned, partnered, and consulted with numerous practices throughout the Northwest over the past decade. All have benefited from Rod’s experience in staff management, accounting, marketing, and practice management. Prior to Omni, Rod spent 15 years as Director of Treasury and also Director of Accounting for AT&T Wireless. Rod is a licensed commercial broker and specializes in commercial real estate. He has an MBA from Seattle University, is a Certified Management Accounting, and is a member of the Institute of Business Appraisers and the National Association of Practice Brokers.
Mike Abernathy, DDS, Founder of Summit Practice Solutions – The desire to teach others how to duplicate his success without reinventing the wheel is what prompted Dr. Abernathy to create Summit in 1991. Through the company’s consulting and coaching services, speaking engagements throughout the U.S. and Canada, and numerous articles published in newsletters and journals, Dr. Abernathy has inspired thousands of doctors to a renewed enthusiasm for the future of dentistry. Among his colleagues in dentistry, he has earned a reputation of excellence in successful practice building. He is definitely a dentist with a grip on reality and a vision for the future.
Megan Fooshée, PLLC, Attorney at Law – Megan enjoys working with clients to identify business-focused legal solutions to meet their most sophisticated needs. Megan advises clients on a variety of transactions, including mergers and acquisitions, corporate financing and private securities, raising capital, structuring, and helping business owners franchise their Companies. Megan’s experience as an entrepreneur allows her to appreciate the underlying business rationale involved in each decision for the transactions in which she is engaged.
TESTIMONIALS from previous attendees:
“The seminar was very informative. Many of the ‘tough’ questions were answered!”
“I clearly did not know what I didn’t know. This seminar cleared away the fog. Thanks!”
“Very good presentation. From coming in knowing really nothing to now feeling very well informed. Thanks much!”