I recently spoke at an event with Michael Birbari, of Dundee Securities in Burlington. His seminar began with a very important reminder to me: success is a learned behaviour and not…
Resources
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Observations of the Market – Part 1
Having recently appraised a practice that experienced a slow and steady decline in the gross income over the past four years, the owner asked us to explain why the appraised…
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Flying Solo
The concepts of utilizing an associate or partner for the purpose of identifying a purchaser for a practice, increasing the selling price of a practice or reducing practice overhead are…
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Has Practice Management Changed Over The Past 75 Years?
This year, I’ll be writing about some of the most successful and simplified techniques for managing your practice and your patients. Seeing as we’re celebrating the Journal’s 75th anniversary, I…
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The Locum Lifestyle
In my business, I receive telephone calls every week from dentists who are seeking a change in their career. Many say they still enjoy dentistry, yet the day-to-day management is…
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The Top Five Factors Affecting Dental Practice Values
I am frequently asked by accountants and lawyers to comment on the methodology we use to appraise practices. They ask me to explain what factors can affect practice value the…
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Mid-Practice Crisis: Where Should You Invest Your Time & Money?
According to 1999 data from the Royal College of Dental Surgeons of Ontario (RCDSO) detailing the distribution of dentists in Ontario by area and age groups, the greatest number of…
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The Top Five Questions Asked Of A Dental Practice Appraiser
Thank you to the many ODA members who stopped by our booth at the ODA’s Annual Spring Meeting in May. It is gratifying that so many of you read my…
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How To Assume An Equipment Lease
Used dental equipment is bought and sold on a daily basis across Canada. In many instances it is common for the purchaser to assume all or some of the existing…
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Top 10 Issues To Consider When Purchasing A Dental Practice
Ontario Dentist – March 2000 The purchase of a dental practice is a time-consuming and demanding process, and complex beyond most other purchases made in one’s lifetime. This article is…