Practice OrbitThe Dental Practice Sale Podcast
Dentistry, as a business, is in a period of flux today. Retiring dentists want to maximize the sale value and aren't sure where to find a strong buyer. Mid-career dentists want to grow beyond the traditional single office practice. Associates seeking financial predictability aren't sure if private practice will provide it. And Institutional dentistry (DSOs, DPOs) are driving up valuations, but often with complex deal terms. Amid this landscape, the Dental Practice Sale podcast is intended to provide it's listeners with (1) education and seller stories and (2) insights into how the www.practiceorbit.com platform can help these various parties operate more effectively together in it's online marketplace.
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How are dental practices valued?
Listen navigate_nextValuing Dental practice is one part science and one part emotion. The science is the numbers—what the bank sees and uses to calculate the amount they will loan. The emotion part is everything else—the location of the dental office, condition of the equipment, the patient base, the recall program...
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Financial Independence in 10 Years - The Journey of Dr. Jared Lee
Listen navigate_nextIn this week's episode , we have Dr. Jared Lee and his wife Kristin on the show to discuss their journey toward their 10-year goal of financial independence. Dr. Lee and his wife give a great perspective on important course corrections and their move to Juneau Alaska in search of a great (though...
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The Importance of Fit Between Buyer and Seller of a Dental Practice
Listen navigate_nextYou like the Rolling Stones? I like the Rolling Stones too! Great, you’ll be a perfect buyer for my practice! Maybe that’s a bit of a stretch when addressing this topic but finding the right fit when selling a dental practice is more than just a few common interests. Finding a great fit is equally...
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Acquiring and Managing a High Quality Orthodontic Practice with Dr. Chad Foster
Listen navigate_nextIn episode we have guest and client, Dr. Chad Foster, join us for an in-depth perspective of what it takes to run a successful orthodontic practice.
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How do I sell my dental practice? How long will it take?
Listen navigate_nextThe prospect of selling a dental practice can be a bit daunting, but, like selling houses or cars or your old CBCT, if you know the process and what to expect it becomes much easier. Many times, doctors are selling dental practices that they have spent the better part of their lives building and...
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Dropping In-Network Delta PPO and Family Partnerships with Dr. Robert Jungman
Listen navigate_nextIn this weeks episode, Dr. Jungman walks us through the experience of buying into his parent’s dental practice and then dropping Delta Dental In-Network PPOs. Today his practice is more profitable and enjoyable than ever before!
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The Cons of Dental Partnerships
Listen navigate_nextIn this episode of The Dental Boardroom Podcast, host Wes continues his deep dive into dental partnerships, focusing on the potential downsides. Following the previous discussion on the advantages of partnerships, Wes now addresses key challenges such as decision-making conflicts, differing mission...
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The Pros of Dental Partnerships
Listen navigate_nextEpisode Summary: In this episode of The Dental Boardroom Podcast, host Wes Reid kicks off a six-part series on dental partnerships. Whether you’re in a partnership or considering one, this series is packed with insights. Today’s episode focuses on the pros of dental partnerships, with a deep dive...
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Should I use a Broker to Sell My Dental Practice
Listen navigate_nextEpisode Summary: In this episode of the Dental Practice Sale Podcast, Wes Reed dives into a key question for dentists looking to sell their practices: Should you use a broker? Wes offers a fair and balanced breakdown of six compelling reasons to hire a broker and six reasons why it might not be the...