The Productive Dentist Podcast
The Productive Dentist Podcast
The Productive Dentist Podcast features Dr. Bruce B. Baird, America's Most Productive Dentist, as he shares the wisdom and knowledge he's gained in 30+ years of dentistry to help dentists become more productive and live better lives.
Productive Dentist Podcast

Episode 107 – Dental Practice Buy-In

Episode 107 – Dental Practice Buy-In

8/23/2021 4:06:31 PM   |   Comments: 0   |   Views: 122


“As you know, being a dental business owner isn’t easy. But it’s human nature for an associate to see a successful dental practice and think ‘Oh, being an owner must be pretty easy.’”

I got a question from a listener recently and it’s a really good one:

I am a 44-year-old solo doctor. I built my practice from scratch and my associate, who has been with me six months, wants to buy in. But it seems so early. I can’t imagine asking a 50/50 partner for permission on business decisions when I built this practice from scratch. So, how long should I make him wait? How much should I let him buy?

This is a loaded question. A great question! But a loaded one. There are so many different options. So join me today as I walk through this question about balancing your business, associates, and the future of your practice: 

        
  • What you want as a practitioner
  •     
  • Owner mentality vs. associate mentality
  •     
  • Percentage and ownership options to consider
https://productivedentist.com/podcasts/the-productive-dentist-podcast/episode-107-dental-practice-buy-in/

Episode 107 - Dental Practice Buy-In

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