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Only 1% Failure Rate? Why This May Not Be the Case in Dentistry | Ali Oromchian

Only 1% Failure Rate? Why This May Not Be the Case in Dentistry | Ali Oromchian

8/7/2024 12:32:35 PM   |   Comments: 0   |   Views: 312
LISTEN TO THE FULL PODCAST EPISODE HERE

Have you heard claims like "less than 1% of dental practices fail"? Today we're exploring how that may not be the case! In this episode, I'm sitting down with Ali Oromchian to debunk common myths about the failure rates of practices and uncover the essential strategies that can help you mitigate risks in this challenging field. From the critical importance of due diligence when acquiring a practice to the necessity of robust HR practices, we delve into the nitty-gritty details that can make or break your career. Ali's insights are not just theoretical; they are drawn from real-world experiences and seasoned legal advice.

As we navigate through this discussion, Ali emphasizes the transformative power of creating a positive work environment to attract and retain top talent. You'll learn the subtleties of maintaining compliance with ever-evolving legal requirements and avoiding common HR missteps that many practice owners fall victim to. Whether you're just starting or looking to optimize your existing practice, this episode is packed with actionable advice that can help elevate your practice to the next level. Stay tuned until the end to find out how you can get in touch with Ali for personalized guidance and support.

What You'll Learn in This Episode:

        
  • Why the "low failure rate" of dental practices could be a misconception.
  •     
  • Key strategies to minimize risks as a practice owner.
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  • The importance of thorough due diligence when buying a dental practice.
  •     
  • How to establish solid HR practices and stay compliant with legal requirements.
  •     
  • The vital role of creating a positive work environment in recruiting top talent.
  •     
  • Common HR pitfalls and how to avoid them.

Let's learn how to minimize risk and maximize peace of mind in our practices today with Ali Oromchian!


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