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Dental Practice Transition
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Book Synopsis Dental Practice Transition by : David G. Dunning
Download or read book Dental Practice Transition written by David G. Dunning and published by John Wiley & Sons. This book was released on 2013-05-13 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: Practice management is one of the key elements in the career of a dentist. Most dentists own their own practices and even associateships carry with them the prospect of management, accounting and dealing with health insurance providers. Dental Practice Transition: A Practical Guide to Management helps readers navigate through options such as starting a practice, associateships, and buying an existing practice with helpful information on business systems, marketing, staffing, and money management. With topics applicable to both recently graduated as well as established professionals, Dental Practice Transition is a comprehensive exposition of practice management from a dentist's perspective.
Book Synopsis Dental Practice Transitions Handbook by : H. M. Smith
Download or read book Dental Practice Transitions Handbook written by H. M. Smith and published by Wheatmark, Inc.. This book was released on 2010-12 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: Any professional practice transition activity--whether buying, selling, or associating--is one of the most important events that will happen in your professional career. Making a mistake in the process can have long-lasting effects on any or all of the parties to a transition. Dental Practice Transitions Handbook will provide you with the answers to basic questions when considering any transition. It is not intended to replace the experts, brokers, consultants, attorneys, accountants, and financial advisors that should be consulted as you proceed through a transition, but it should give you an understanding of the process, what to expect, and a starting point from which to begin your journey. About the Author H. M. Smith has earned a masters in business administration and is founder of Professional Transitions, a dental practice transitions consulting firm. He has been involved in dentistry for over thirty-five years and is currently the director of Transition Strategies at the Pride Institute. He has lectured at the University of Florida and Nova Southeastern University, and has presented a practice management course on transition strategies to the University of the Pacific, Marquette, and Indiana University dental schools. Mr. Smith is past president of the ADS (American Dental Sales), a member of the Practice Valuation Study Group, and a member of the Institute of Business Appraisers. He has also written numerous articles for Dental Economics on transition subjects and issues. Endorsements "If you now or ever will own, sell, or work in a dental practice this book is a must read. Hy's decades of experience in creating WIN-WIN-WIN (seller-buyer-patients) transactions is yours in a clear, concise, and entertaining account. Wherever you are in your career, the tools to create your ideal future lie within these pages." Gary M. DeWood, DDS, MS, Executive VP, Spear Education "In my long experience of working with dentists at every phase of their professional careers, I have found that finding values-driven WIN-WIN advice in transitions to be difficult and frustrating. At the Pride Institute, we trust Hy Smith's integrity and expertise! Dentists deserve good, fair information and counsel that supports their transition choices. This book delivers." Amy Morgan, CEO, The Pride Institute "No one knows more about buying or selling a professional practice than Hy Smith. My own transaction benefited greatly from his knowledge and thirty years of experience. I can't imagine anyone buying or selling without consulting this book first." Gerardo Santiago, DDS "Buying or selling a practice is full of pitfalls. Trying to do so without the help of a consummate professional like Hy Smith is a folly. My own experience couldn't have been better, thanks to his firm. I would urge any professional to read this book and consult with Hy Smith before taking action." Ron Gillenwaters, DDS
Book Synopsis Successful Practice Transitions by : W. David Griggs
Download or read book Successful Practice Transitions written by W. David Griggs and published by Dental Economics. This book was released on 1997 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Consultant Griggs offers information on planning transitions in a dental practice. He discusses ways to transfer the practice from one owner to another, bring in an associate, sell or purchase all or part of a practice, structure comprehensive transition agreements, use financial and legal advisors, assess the market place, enhance the value of a practice, and cash in on a practice's equity. Annotation copyrighted by Book News, Inc., Portland, OR
Book Synopsis Dental Practice Transition by : David G. Dunning
Download or read book Dental Practice Transition written by David G. Dunning and published by John Wiley & Sons. This book was released on 2016-07-08 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dental Practice Transition: A Practical Guide to Management, Second Edition, helps readers navigate through options such as starting a practice, associateships, and buying an existing practice with helpful information on business systems, marketing, staffing, and money management. Unique comprehensive guide for the newly qualified dentist Covers key aspects of practice management and the transition into private practice Experienced editorial team provides a fresh, balanced and in-depth look at this vitally important subject New and expanded chapters on dental insurance, patient communication, personal finance, associateships, embezzlement, and dental service organizations
Book Synopsis How to Buy a Dental Practice: Volume 2 by : Brian Hanks
Download or read book How to Buy a Dental Practice: Volume 2 written by Brian Hanks and published by Createspace Independent Publishing Platform. This book was released on 2018-06-26 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book walks new and potential practice owners through the most important things to do (and what can wait!) to be successful running a newly purchased practice. In this book you'll find answers to questions like: When can I make changes in the office? How much do I pay myself and when? How do I market so I don't lose patients? How can I transition the dentistry in an office with established routines? How do I get the most out of my team and be a good boss? How do I know if buying a practice was a good financial move?
Book Synopsis Dental Practice Transitions Handbook by : Michael A. Njo
Download or read book Dental Practice Transitions Handbook written by Michael A. Njo and published by Wheatmark, Inc.. This book was released on 2022-02-24 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dental Practice Transitions Handbook provides you with the answers to basic questions when considering any transition. This handbook prepares you to navigate through opportunities from being an associate, partnership, and different purchase/transition options. It is designed to guide you through one of the most important journeys of your life by: • initiating appropriate questions to consider and ask yourself before any transition • helping you avoid mistakes that can have long-lasting effects on any or all of the parties to a transition • shedding light on the mindsets of both sellers and buyers • showing you how to mitigate these differences Dental Practice Transitions Handbook provides a global understanding and defines key and common facts that will help facilitate a dream team to join you on a successful transition journey!
Book Synopsis Business Basics for Dentists by : James L. Harrison
Download or read book Business Basics for Dentists written by James L. Harrison and published by John Wiley & Sons. This book was released on 2023-09-21 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business Basics for Dentists Concise yet comprehensive overview of business management principles tailored for dental practices, with strategies to apply the core concepts to achieve success Rather than presenting a rote checklist of steps for success, Business Basics for Dentists, Second Edition describes business, economic, marketing, and management principles and explains how to apply them to dental practice. Now fully updated throughout, this book provides the essential elements of a business course—management principles, economics, business finance, and financial analysis—without getting bogged down in too much detail. Dental students and new practitioners will learn how to use the core strategic and operational business philosophies to develop an effective dental practice. The business management principles are related to various aspects of running and managing a dental practice, including office communications, billing, inventory, and marketing. All aspects of practice transition are approached, including career opportunities, buying a practice, starting a new practice, multi-practitioner arrangements, practice valuation, and planning and developing a practice. The book also covers personal financial planning to ensure that the dentist is also planning for their finances and retirement beyond the bounds of the practice. Business Basics for Dentists, Second Edition covers: Personal money management and insurance needs, reducing the personal tax burden, estate planning, and securing financing Business entities, basic economics, the legal environment of the dental practice, financial statements, and business taxes and tax planning Management principles, planning the dental practice, financial analysis, and control in the dental office, maintaining production and collections, and gaining case acceptance Generating patients for the practice, controlling costs, promoting staff effectiveness, and maintaining daily operations Focusing on the transition period from a dental student, through corporate employee, to ownership, Business Basics for Dentists is a valuable tool for dental students and professionals seeking to further their career path through actionable advice from experts in the field.
Book Synopsis How to Buy a Dental Practice by : Brian D. Hanks
Download or read book How to Buy a Dental Practice written by Brian D. Hanks and published by Createspace Independent Publishing Platform. This book was released on 2017-02-23 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you're thinking about buying a dental practice, you must read this book. Thousands of dentists go through the process of buying a dental practice every year. Did they choose a good practice? Did they buy at the right price? Did they buy at the right time? The stakes are high to get the RIGHT answers to those questions. Buy the wrong practice and you're looking at stress, money worries, angry staff and patients, and a frustrated family that doesn't see you as much as they'd like. Buy the right practice, like many do, and you have the foundation upon which to thrive - happy, relaxed, wealthy and positively impacting the lives of patients and living the life of your dreams. Unfortunately, the process of how to buy a dental practice remains a black box for the majority of buyers. Advice, tips and information are spread across magazines, blogs, online forums and podcasts with no easy way to tell the good advice from the bad. Until now. How to Buy a Dental Practice walks buyers step-by-step through the process of finding, analyzing, and purchasing a great dental practice. In this book you'll find answers to questions like: - How do I find a good practice? - How do I choose a good accountant and attorney? - How can I tell a good practice from a bad one? - When is the right time to sign a letter of intent? - What can I negotiate besides price? - How do I get a bank loan? - What do I do after I find a practice to buy? After reading this book, you will be armed with the specific knowledge and checklists to find, analyze and purchase the right practice for you.
Book Synopsis The Simple Guide to Selling Your Dental Practice for More Money by : Manfred Purtzki
Download or read book The Simple Guide to Selling Your Dental Practice for More Money written by Manfred Purtzki and published by . This book was released on 2021-09-21 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do you want to sell your dental practice for more money than you ever thought possible? If you thought, "yes, of course," then The Simple Guide to Selling Your Practice for More Money is for you. Your dental practice transition can unlock the potential of one of your greatest assets, and can mean the difference between an okay retirement, and one that is everything you ever dreamed of. The Simple Guide is packed full of practical advice, money-making tips to boost revenue, and enough horror stories to make you sit up and pay attention. With tips for every stage of your career, this guide is an invaluable resource-because the most successful transition starts long before you put a price on your practice. In this book, you'll learn: How to maximize selling price by maximizing revenue How to choose the right transition model How to negotiate the best sale price and most favorable terms and more... It's never too late to use the advice in this guide to plan the sale of your dental practice, and it's never too early, either. You've worked hard for the practice you've built, now's the time to make sure it works for you. Manfred Purtzki is a CPA and dental practice transitions specialist with more than forty years' experience assisting dentists. He has been a contributor to the Just for Dentists newsletter (now a blog) since 1989 and is the author of several publications focusing on buying and selling dental practices. He is a popular speaker at dental conferences. Manfred launched Purtzki Transitions, a full-service practice transition and valuation firm in 1992.
Book Synopsis Transitions by : American Dental Association
Download or read book Transitions written by American Dental Association and published by . This book was released on 2006 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Simple Guide to Starting a Dental Practice and Getting it Right the First Time by : Manfred Purtzki
Download or read book The Simple Guide to Starting a Dental Practice and Getting it Right the First Time written by Manfred Purtzki and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are you thinking about starting your own dental practice and want to get it right the first time? For the enterprising dentist The Simple Guide to Starting a Dental Practice and Getting it Right the First Time is an invaluable resource. Starting a practice from scratch in today's competitive market can be a scary proposition, but The Simple Guide will walk you through the steps to turn your dream into a reality. With practical advice for every step along the way, to-do lists and templates, this guide can help you ensure that your practice is set up for long-term success. In this book, you'll learn: How to find the ideal location with patients that are perfect for your practice How to build a comprehensive business plan and arrange financing How to design and staff your new practice and more... Preparation is key for a successful practice start-up. The work you do now will lay the foundation of your practice, and with the advice in this guide, you can make sure that foundation is one that will lead to long-term career and financial success. Manfred Purtzki is a CPA and dental practice transitions specialist with more than forty years' experience assisting dentists. He has been a contributor to the Just for Dentists newsletter (now a blog) since 1989 and is the author of several publications focusing on buying and selling dental practices. He is a popular speaker at dental conferences. Manfred launched Purtzki Transitions, a full-service practice transition and valuation firm in 1992.
Book Synopsis Profitable Dental Practice by : Philip Newsome
Download or read book Profitable Dental Practice written by Philip Newsome and published by CRC Press. This book was released on 2019-06-27 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: This highly practical guide has been completely revised, updated and expanded, highlighting the changing face of dental practice today. It considers characteristics common to successful organisations and applies them to the profession of dentistry.Focusing on 8 key strategies, it is specially designed to develop a thriving dental practice whilst ma
Author :Marc B Cooper Dds Publisher :Createspace Independent Publishing Platform ISBN 13 :9781979883498 Total Pages :176 pages Book Rating :4.8/5 (834 download)
Book Synopsis Partnerships in Dental Practice by : Marc B Cooper Dds
Download or read book Partnerships in Dental Practice written by Marc B Cooper Dds and published by Createspace Independent Publishing Platform. This book was released on 2009-06-24 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: WHY BUY THIS BOOK? Because It Answers the Hard Questions Economically, dental partnerships make great sense in terms of optimizing assets, sharing costs, increasing revenues and fine-tuning division of labor. Yet in the United States, over 80% of dentists practice solo, and this figure has held steady for decades. What causes this overwhelming and enduring pattern of dentists continuing to practice solo? Top practice management advisers now declare, "One sure way to realize a return on investment in your practice is to transition the practice from a solo to a partnered enterprise." They recommend the best route to be through the process of associateship to partnership, selling 50% to the partner, then continuing to work in the practice and selling the remaining 50% downstream. This works only if and when the partnership works. What do you do with an expanded practice if the partnership doesn't work? The majority of dental associateships and partnerships underperform or fail altogether. Although no clear studies are available, a number of dental journals report the failure rate in dental partnerships to be somewhere between 70% and 90%. Why do dental partnerships have such an extremely high morbidity rate? Nearly all associateships and partnerships begin with tremendous goodwill, excitement, and enthusiasm. The future appears extremely bright. However, it is not uncommon that within five years, the shine disappears and is replaced with dissatisfaction. What causes partnerships to unravel? When an associateship-to-partnership fails, the costs are extremely high in terms of money, time and emotional distress. The effect on staff performance and patient relations can be demoralizing as well. Partnership failure in dental practices costs hundreds of millions of dollars every year and untold emotional damage. What can be done to prevent this? Surveys reveal the majority of dentists have difficulty in communications, particularly with their associates or partners. Consequently, they are ineffective at handling problems directly, resolving conflicts and making mutual business decisions. What are the factors that thwart a dentist's ability to effectively communicate to an associate or partner? It seems dentists are in a quandary. A clear path to economic freedom and asset optimization exists through recruiting an associate and transitioning the associate to a partner. The problem is most dental partnerships don't work. This book provides answers to the most common and destructive issues and problems that cause dental partnerships to fail. If you are considering a partnership as a strategy, or if you currently have an associate or partner, this book will enhance your ability to succeed.
Book Synopsis Buy Sell Merge: How to Navigate Successful Dental Practice Transitions for the Entrepreneurial Dentist by : William S. Barrett
Download or read book Buy Sell Merge: How to Navigate Successful Dental Practice Transitions for the Entrepreneurial Dentist written by William S. Barrett and published by Redwood Publishing, LLC. This book was released on 2019-09 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: BUY SELL MERGE is the essential guide for any dentist who wishes to expand from chairside practitioner to dental entrepreneur and wants to take advantage of the unmatched opportunity available in dentistry today.
Book Synopsis The Dental Business by : Mary Fisher-Day
Download or read book The Dental Business written by Mary Fisher-Day and published by Createspace Independent Publishing Platform. This book was released on 2017-03-30 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: You applied to dental school to become a Dentist. Being a business manager was not likely on your radar. That's where we come in. We provide dentists with the tools and support to achieve results quickly, so you can enjoy practicing dentistry and your life! Mary's career in dentistry has spanned more than 3 decades; she has worked as an assistant, scheduling and financial coordinator, and office manager. Early in her career, she moved a lot. Although it was tough at the time, moving often did have one benefit. Mary saw the effects of management style on practice culture, employee loyalty, Patient satisfaction and ultimately Practice Success. Realizing a strong desire to expand her career, Mary continued her education with the study of business management. Armed with experience and knowledge of the inner workings of dental practices, she was ready to begin the next phase of her career and began working with a large dental practice management and transition company. She worked as a practice management consultant with the firm until the owner decided to focus solely on practice Transitions. Mary founded The Dental Business(tm) in 2002. She and her team, of experienced dental professionals, provide Coaching services for dental teams and see quick results by providing custom solutions and management systems based on the needs of the practice. Their ultimate goal and mission, if you will, is to see dentists and their teams enjoy going to work each day, have patients that happily refer others, worry-free time away from the office and the prosperous practice they dream of.
Book Synopsis Basic Guide to Medical Emergencies in the Dental Practice by : Philip Jevon
Download or read book Basic Guide to Medical Emergencies in the Dental Practice written by Philip Jevon and published by John Wiley & Sons. This book was released on 2014-05-12 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Basic Guide to Medical Emergencies in the Dental Practice is a must-have book for all dental care professionals and general dentists. Written in a clear and accessible style, this second edition has been fully revised and updated in line with the latest guidelines. Chapters cover such key topics as the ABCDE approach to patient assessment, resuscitation equipment, respiratory and cardiac disorders, paediatric emergencies, and legal and ethical issues. Readers will also find two brand new chapters on the principles of first aid, and drugs for medical emergencies. Follows Resuscitation Council (UK) Guidelines Companion website with self-assessment exercises, serving as revision as well as non-verifiable CPD credit Over 50% new images Student friendly colourful layout with learning outcomes
Book Synopsis Preparing for Dental Practice by : Trevor Burke
Download or read book Preparing for Dental Practice written by Trevor Burke and published by OUP Oxford. This book was released on 2004-09-16 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book helps dental students to prepare for the difficult transition into dental primary care. It provides a background to the holistic approach senior students are encouraged to use when identifying treatment needs and covers the integration of treatment and its planning, aspects of dental team building, practice selection and management matters.
