Podcast/Blog Posts

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When You Have 3 DSO Buyers And Only One Dental Practice
Dr. Gary discusses a situation When You Have 3 DSO Buyers And Only One Dental Practice.  View over 1400 videos on dental practice transitions on our . 2 Buyers On 2 Dental Deals Make A Huge Mistake   Read More
2 Buyers On 2 Dental Deals Make A Huge Mistake
Dr. Gary discussed a situation when 2 Buyers On 2 Dental Deals Make A Huge Mistake.  View over 1400 videos on dental practice transitions on our . 2 Buyers On 2 Dental Deals Make A Huge Mistake   Read More
Debunking the Scary Dental Practice Startup | How to Make $130,000 your first year!
5 Ways to Take the Fear Out of Your Dental Practice Startup In a recent episode of the Dental Unscripted podcast, hosts Mike Dinsio and Paula Quinn tackle one of the most persistent myths in the dental industry: the idea that starting a practice from scratch is inherently terrifying. Many dentists...  Read More
Is Group Practice Equity Already The Next Tulip Bulb Craze?
Is Group Practice Equity Already The Next Tulip Bulb Craze? WTF was the Tulip Bulb Craze? The tulip bulb craze, historically known as Tulip Mania (or Tulipomania), was a period of intense financial speculation in the Netherlands during the Dutch Golden Age. Often cited as the first recorded...  Read More
What's Your Multiple Kenneth?
What’s Your Multiple Kenneth? Let’s give organized dentistry some credit, we’ve done a bang up job on educating the market about a variety of things when it comes to scaling businesses. One unfortunate byproduct is the ubiquitous watercooler discussion of, “What multiple do you pay?”   ...  Read More
When The Seller Needs 10 Days To Review Contract Before The Closing
Seller Needs 10 Days To Review Contract Before The The Dental Practice Seller Needs 10 Days To Review Contract Before The Closing. View over 1400 videos on dental practice transitions on our .  Read More
Overcoming Financial Issues When Selling Your Office - Must Listen Advice
Dr. Gary DDS discusses a situation where the dental practice seller has to overcome a financial issue when selling their dental practice. View over 1400 videos on dental practice transitions on our . Overcoming Financial Issues When Selling Your Offi   Read More
Personal Guarantees In Affiliations
Personal Guarantees & Affiliations An increasingly common conversation topic is Personal Guarantees ("PGs") - specifically joint and several - in the context of group practice affiliations.   Yes, PGs from the new - now minority - shareholders. The bidder is likely to suggest that their...  Read More
Modeling School
Modeling School Ah, group dentistry.  As new groups spring up, existing groups nose dive.  The circle of life. You may hear the question, “Which model is right for you?”  TopCo, JV, Parent, Hybrid, SubDSO, DPO, LOL, DMO, AKA, WTF.  So many folks go to such great lengths to relabel themselves....  Read More
  Turning Chaos into Financial Freedom - Part 11 In this episode, Wes Read, CPA and financial advisor, highlights a common mistake among dental practice owners: treating financial planning as a one-time task instead of an ongoing cycle. Just like dental hygiene requires regular checkups, financial...  Read More
Turning Chaos into Financial Freedom - Part 10 View More Episodes:  In this episode of The Dental Boardroom Podcast, host Wes Read, CPA CFP®, shares key financial and tax strategies for dental practice owners. He covers retirement plans (401(k), SEP IRA, Simple IRA, defined benefit/cash balance...  Read More
Deal Structuring:  Just what is “market” these days?
Ok, we’ve covered a lot in recent weeks - debt, equity, TopCo/JV, partnership considerations, etc.   So what about deal structuring?   Deal structuring lays out the components of a deal and how the parties intend to fund or finance them.  The most bandied about term is “cash-at-close” (“CAC”)  -...  Read More
New Partner Considerations
New Partner Considerations The purpose of this article is to provide an overview of the puts and takes of bringing a new partner into your practice or group. Valuation Considerations There has been a marked increase in independent dentists using groups for “stalking horse” valuations to boost...  Read More
A Valuation Without Context Is Worthless
When it comes to business valuation, everyone loves to rush to “the multiple” discussion - i.e. what multiple of revenue or unlevered free cash flow (EBITDA) is used to arrive at the Total Enterprise Value (“TEV”). While this approach can be directionally accurate and helpful for “swagging”...  Read More
How Facility Equity Offsets Higher Payments
Forced Savings Over Time Across ten years, many owners repay 25–35 percent of their loan balance. That equity offsets the higher early payments displayed in most ownership models. How It Appears in Accounting Interest is deductible; principal reduces debt on the balance sheet. For pass-through...  Read More
Turning Chaos into Financial Freedom - Part 9 Episodes: Listen on Apple Podcasts In this episode of The Dental Boardroom Podcast, host Wes Read, CPA, CFP® shares a clear roadmap for dental practice owners to turn financial chaos into financial freedom. He discusses building a strong advisory...  Read More
“What’s Your Equity Story?”
The contemporary forms of group practices (DSO, DPO, DMO, ABC, DGO, LOL) are approaching their sixth decade of operations.  As the labels and models proliferate, an increasingly common conversation is: “So, what’s your equity story?” Fantastic question. I encourage anyone curious about...  Read More
Turning Chaos into Financial Freedom - Part 8 View More Episodes:  Welcome back to the Dental Boardroom series on financial planning for dental practice owners—Turning Financial Chaos into Financial Freedom. In the last two episodes, we focused on the tax side of Phase 3: creating a business...  Read More
Turning Chaos into Financial Freedom - Part 7 View More Episodes:  Welcome back to the Dental Boardroom Podcast with Wes Read, CPA, CFP. In this episode, Wes continues the discussion on financial planning for dentists—specifically the tax side of financial strategy (Part 2). He breaks down why...  Read More
Turning Chaos into Financial Freedom - Part 6 View More Episodes:  In this episode of The Dental Boardroom Podcast, Wes Reed, CPA, CFP, continues his financial planning series for dental practice owners by diving deeper into the concept of break-even levels and the importance of creating a...  Read More
Just How "Adjusted" Is Your EBITDA?
Just How Adjusted Is Your EBITDA? Add-back this, adjust that.   “Pro forma” has become a verb and it usually has little to do with reality.  It can, however, provide the motivation and lubricant to get a deal done.  Always within reason. When it comes to adjusting financial statements, most...  Read More
Turning Chaos into Financial Freedom - Part 5 View More Episodes:  In this episode of The Dental Boardroom Podcast, Wes Read, CPA, CFP, continues the series on turning financial chaos into financial freedom for dental practice owners. Building on previous episodes covering team assembly,...  Read More
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