As a hobby, I collect old textbooks on dental practice management. I have just finished reading one such manual, published in 1916. Entitled Profitable Practice, by Dr. George Wood Clapp…
Resources
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North of the 401
I attended the Northern Ontario Dental Association meeting in Timmins last September and spoke with many of the dentists who are practising throughout the region. I mentioned to them that…
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Letters Of Introduction When Selling A Practice
When a practice is sold, a letter of introduction and announcement is a very important part of the transition process. In my opinion, it is not always necessary for the…
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Be Prepared – Another Reason For Dental Practice Appraisals
As seen in Ontario Dentist – November 1998 How many of us are aware of “Be Prepared” – the motto of the boy scouts/girl guides? While your boy scout/girl guide…
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Chart Count – How Many Patients Do You Have?
Dental practices may be worth less in the future. Why? Demographics. The number of charts in your practice is a very important measurement of how busy you will be. However,…
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How To Buy an Incorporated Dental Practice
Introduction Dentists in a number of provinces have been able to incorporate their dental practices for some time. In these provinces, practitioners have tax savings that are not available to…
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Guarding Against the Decline of Dental Practice Value
Dental practices may be worth less in the future. Why? Demographics. Our aging population has been studied and documented, revealing that baby boomers are working toward freedom 55. This is…
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How Much is your Practice Worth? Knowing The Value Of Your Practice
Determining the worth of a practice depends on many factors. Every meaningful measurement of value must be considered. Every meaningful practice is unique. A practice, though legally defined as a…