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Posted 9/1/2015 by Steve Williams in drTransitions   |  Comments: 0  |   Views: 82
The renowned computer scientist Edsger W. Dijkstra said, “Simplicity is a great virtue but it requires hard work to achieve it and education to appreciate it. And to make matters worse: complexity sells better.” How right he is!! Many consultants market their transition services as a...Read More
Posted 7/23/2015 by seanepp in The Practice Buyer's Corner - Random Musings from the Buy-Side   |  Comments: 0  |   Views: 138
The Dental Summit 2015
Wow, late July already. I hope everyone has had a successful start to 2015 and is enjoying their summers thus far. I wanted to share some talks given recently at the . Speakers included DSO operators large and small, industry consultants, leading vendors, and many highly experienced doctors,...Read More
Posted 10/9/2014 by Greg Auerbach, MBA in Practice Transitions Made Perfect   |  Comments: 0  |   Views: 65
Thought for the Weekend
For all who are attending, have a great time at the ADA Annual Session! Our team member, Hy Smith, will be presenting as a part of theBuying and Selling a Dental Practice: Ensuring a Successful Transition (Course 6373) course. If you're considering transition even five or ten years from now or...Read More
Posted 10/5/2014 by Greg Auerbach, MBA in Practice Transitions Made Perfect   |  Comments: 0  |   Views: 243
Enforceable or Not?  The $1,600,000 Question!
In November 2010, the State of Michigan Court of Appeals upheld a Circuit Court Judgment that confirmed an arbitration award that ordered the selling dentist to pay a total of 80% of the purchase price in damages plus attorney’s fees and investigating expenses because he violated a...Read More
Posted 9/24/2014 by Greg Auerbach, MBA in Practice Transitions Made Perfect   |  Comments: 0  |   Views: 99
It ALL Starts Today
It’s sometimes a secret that we, in fact, can do just about any type of transition. Before undertaking the challenge though, the viability must be determined for each of the parties involved. Here is a Very Common Scenario: A senior doctor has been practicing in a location for about 30...Read More
Posted 9/1/2014 by Greg Auerbach, MBA in Practice Transitions Made Perfect   |  Comments: 0  |   Views: 311
Staff in Transition: Early Communication
Don’t wait: Early communication is key The new dentist has the responsibility to enter into the practice with a planned strategy to address the uncertainties and anxieties the team will have. This is not a time for a “wait and see” approach. The new dentist must plan, prior to...Read More
Posted 8/28/2014 by Greg Auerbach, MBA in Practice Transitions Made Perfect   |  Comments: 0  |   Views: 436
Team Goodwill in a Transition
Ensure goodwill with open communication The teams’ role in the sale of a practice is a major factor that can significantly influence the goodwill of the transition. When patients perceive that the team is in full support of the new doctor, the transfer of the patients’ trust and...Read More
Posted 8/24/2014 by Greg Auerbach, MBA in Practice Transitions Made Perfect   |  Comments: 0  |   Views: 680
Beyond Dollars & Cents: Think about the (Legacy) Team
All successful dental practices need consistent new patient flow as well as patient loyalty. However, one of the most significant contributors to the most successful practices is a dentist’s ability to lead and manage a great team. Although some of us may want to believe that it requires luck...Read More
Posted 4/21/2014 by Dr Bill Adams in Bill Adams, DDS   |  Comments: 0  |   Views: 816
Peace of Mind: The Sale of Your Practice After Your Death
This article is about one of the most selfless things a dentist can do for his family, staff and patients to safeguard their futures. If you are over 60 years of age or plan on working as long as humanly possible, this is essential. Have you created a codicil to your will stating how your...Read More
Posted 4/21/2014 by Dr Bill Adams in Bill Adams, DDS   |  Comments: 0  |   Views: 3391
Do I Need a Dental Broker?
Selling a dental practice looks as easy as filling a tooth, right? But have you noticed that many patients think filling a tooth is quick, easy, and far less complicated than it actually is? Well, brokering a deal to sell a dental practice is the same way — it looks...Read More
Posted 4/21/2014 by Dr Bill Adams in Bill Adams, DDS   |  Comments: 0  |   Views: 3379
3 Commitments for Success with your Dental Practice
There is a famous quote by Albert Einstein that says: “The definition of insanity is doing the same thing over and over again and expecting different results.” Yet this is exactly what we so often do when we are locked into our old patterns of behavior or become too...Read More
Posted 4/16/2014 by Brogan Baxter in Four Quadrants Advisory   |  Comments: 0  |   Views: 3447
It’s Not Too Late to Save for Your Retirement
Here's my latest post for the Four Quadrants Advisory™ blog. It’s never truly too late to start saving for your retirement. Starting early is certainly better. A person who saves $20,000 a year for 25 years will, at the end, have $1.46 million saved. But to get that same amount in...Read More
Posted 3/31/2014 by Brogan Baxter in Four Quadrants Advisory   |  Comments: 0  |   Views: 1870
INFOGRAPHIC: 4 Symptoms of a Sick Dental Practice
Here's Jason Smith's latest post for the Four Quadrants Advisory™ blog. You run a successful practice and you're making a good income - but you know things can be better. You've tried practice management and marketing with short-lived results. You're not willing to settle with the status...Read More
Posted 3/17/2014 by Brogan Baxter in Four Quadrants Advisory   |  Comments: 0  |   Views: 3911
Reducing the Risks of a Partnership Failing: Part 2
Here's my latest postfor the Four Quadrants Advisory™blog. Last week I talked about the preparation that needs to be done before hiring an associate to make sure your partnership works out. After all, 75% of them end up failing, so it looks like dentists need some help. Once you’ve...Read More
Posted 3/14/2014 by Brogan Baxter in Four Quadrants Advisory   |  Comments: 0  |   Views: 4175
Reducing the Risks of a Partnership Failing: Part 1
Here's my latest postfor the Four Quadrants Advisory™blog. 75% of new associates hired in dentistry never become a partner. There are a lot of reasons for that, but one of the primary ones is that many practices that hire fail to devise and implement a good transition strategy. Not enough...Read More
Posted 7/1/2013 by seanepp in The Practice Buyer's Corner - Random Musings from the Buy-Side   |  Comments: 2  |   Views: 11999
(Man, blogging is hard!)  Also, Associate and Partner Contracts
First, happy 4th of July week everyone! We've got incredible weather here in Minneapolis (for once!). Hope you and your loved ones can enjoy some time off. We wanted to share this post due to several recent encounters with multi-doctor practices where there was a solo owner and one or more...Read More

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