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…
Resources
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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…
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What Does The Future Hold For Today’s Dental Graduates?
There are so many issues to consider in today’s business climate that some new graduates are puzzled as to what direction to take. I have studied the work of several…
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Hiring An Associate – Pros And Cons
I am often asked, “Should I hire an associate and, if so, what affect will it have on the value or marketability of my practice?” There are many ways to…
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What Are The Characteristics Of The "Best-Selling" Practices?
In my experience and the experience of those with whom I work, the “best-selling” dental practices are those which are owned and operated on a solo practitioner basis. When I…
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Future Trends In Dental Human Resources
There are 2,000 dentists in Ontario over 50 years of age according to the Royal College of Dental Surgeons of Ontario (RCDSO). There are 1,200 that are over 55. That…