This is a brief story about a friend of mine, an ODA member who practised dentistry in central Toronto for more than 20 years. He owned a modest-sized, high-quality, adult…
Resources
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Tech It Up a Notch
In the usual course of my business, about 15 to 20 dentists visit my office every week, confidentially, to explore the various practices that we have for sale. One important…
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Is a Dental Practice a Wise Investment?
I recently met with a young dentist who asked if it was better to invest his money into buying or setting up a new practice, versus staying as a career…
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Can You Afford to Take a Break?
In response to one of my recent columns, entitled “Freedom 55? Who are we kidding?” a number of dentists telephoned to express their appreciation for my perspective on this topic. …
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Too Many Patients?
A large percentage of Canada’s ‘middle-age’ dentists are about to reach a point in their career where they desire to reduce their working hours. This is a direct result of…
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Set Up on Your Own or Buy: The Recent Graduate’s Dilemma
Some say it’s a good time to become a dentist. Consumers are putting more value on their health, and spending more dollars on health related services, including oral health care.…
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The Dental Office Emergency Plan
One of the most difficult realities for any dentist to face is that death and disability can strike without warning. Many dentists become aware of a disability in advance and…
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Freedom 55? Who are We Kidding?
The advertising slogan “Freedom 55” was introduced by the London Life Insurance Company in the 1980’s. It suggests that it is possible to exit your full-time career, more or less…
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Managing Your Suppliers
Dental supplies are typically the second or third-highest dental practice expense, next to staff wages and laboratory. Do you have a thorough understanding of your dental suppliers’ services and skills?…
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A Brief History Of Dental Practice Brokers
When my father started his very first job in the dental supply industry in 1948, the dental practice sales marketplace did not exist. When a practitioner decided to retire or…