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It’s Time to Get Serious About Your Happiness
There’s a great quote by Jean-Paul Sartre: “We are our choices.” When it comes to our happiness and our overall success in life, that’s truer than you might have realized.  Taking time to examine the choices you make in your life and work each day and over the long term to make sure they are...  Read More
Buying a Dental Practice Is About More Than Just Price Recap
Are you considering buying a dental practice and aren’t sure where to start? In 2014, Naden/Lean Partner Tim Lott presented Part One of a seminar on “Buying a Dental Practice: It’s Not Just About the Price.” In it, he discussed financial due diligence, what information to ask for, how to conduct...  Read More
Office Lease Negotiations: 3 Pitfalls to Avoid | Part 3
Understanding the market, the correct timing and comparable business deal points positions you and your agent to begin the process with a high-level of anticipation for success.  However, any preparation will quickly amount to nothing if you do not have a focused negotiation strategy. Pitfall...  Read More
Savvy Negotiating: To Get the Moon, ask for the Stars
One key way to build serious wealth—whether in a business or your everyday life—is to effectively and consistently negotiate deals that are good for you and your bottom line. Ideally, everyone walks away from a negotiation feeling good about the outcome—a win-win scenario. But ultimately, to be...  Read More
Office Lease Negotiations: 3 Pitfalls to Avoid | Part 2
For most practices, the cost of leasing office space is typically their second-highest expense after payroll. With this much at stake, it is imperative to achieve the best possible terms during new-lease or lease-renewal negotiations to maximize profitability.  Pitfall #2: Unawareness of...  Read More
Office Lease Negotiations: 3 Pitfalls to Avoid | Part 1
Over 80% of healthcare practices lease their office space. The location, economics and impression their office makes on patients are significant factors in patient referrals and return visits, especially in a competitive market. Several aspects of a lease can even impact patient care and staff...  Read More
Timing Your Next Real Estate Transaction - Part 3: Just Right
It takes expert planning and foresight to begin a commercial real estate transaction at the right time.  The majority of professionals are not aware of the ideal timeframes for each type of transaction and different problems arise when starting a transaction too early or too late. Just Right If you...  Read More
Timing Your Next Real Estate Transaction - Part 2: Too Late
Most healthcare professionals understand that opening a new office or relocating an office doesn’t happen overnight, but the majority of professionals are not aware of the ideal timeframes for each type of transaction. Too Late When a transaction begins too late, an entirely new set of problems...  Read More
Timing Your Next Real Estate Transaction - Part 1: Too Early
Every commercial real estate transaction has an ideal timeframe to begin the process. Most healthcare professionals understand that opening a new office or relocating an office doesn’t happen overnight, but the majority of professionals are not aware of the ideal timeframes for each type of...  Read More
Five Big Mistakes Executors Make—and How to Avoid Them
Being named the executor of a family member’s (or other loved one’s) estate is, in many ways, an honor. The decision shows that the person saw you as a highly trustworthy, capable person of integrity.  But it’s also a major responsibility that can quickly become a burden if you aren’t set up to...  Read More
The Super Rich Stress Test Their Financial Plans— and So Should You!
The Super Rich (those with a net worth of $500 million or more) who have family offices typically engage a sizable lineup of professional advisors to help them create and implement financial plans. To help ensure those plans are both state-of-the-art as well as in line with their needs and wants,...  Read More
Want to Promote Family Entrepreneurship? Consider a Family Bank
A key objective among many single-family offices serving Super Rich families (those with a net worth of at least $500 million) is to enable future generations of family members to build their own wealth and create their own entrepreneurial legacies.  With that in mind, the Super Rich are...  Read More
Three “Spy Secrets” That Can Protect You, Your Family and Your Business
Imagine yourself in a vintage tuxedo, sipping a “shaken, not stirred” martini as you make eye contact across the bar with a beautiful secret agent who is about to covertly hand you a dossier with information that will help prevent World War III.   Okay—that’s almost certainly never going to...  Read More
Will’s and Trusts
The foundations of your rock-solid estate plan For so many of us, family is paramount. You probably expect to use your wealth to take care of your family in the here and now—health care, travel, college tuition and the like. But chances are you haven’t thought nearly as much about positioning your...  Read More
What’s Your High-Net-Worth Personality?
Here’s why you need to know As a successful person with big goals, you require truly valuable financial advice that maximizes your ability to achieve your most important personal and professional financial objectives.   That means you need to work with professionals who connect with you. Who...  Read More
The Road to Longevity: Living to 120—and Beyond?
Medical technology can now identify risk factors in the human body long before they impact your health. A medical revolution is underway—one that’s making it possible for us to extend our lives for decades by stopping now-fatal diseases before they can take hold of our bodies. In the coming...  Read More
Five reasons to Make Philanthropy a Family Affair
Getting your family involved in charitable giving can create a powerful legacy. A growing number of successful people have a strong urge to “pay it forward” by financially supporting causes and organizations that are near and dear to their hearts. Many of you already make regular and sizable...  Read More
Smart Ways to Build a Moat Around Your Wealth
Have you taken steps to protect the assets you have worked so hard to build? Chances are, you know someone who has been sued. Maybe that someone is you. The fact is, your enviable position as a successful person comes with a major downside: You’re a potential magnet for lawsuits—which may very...  Read More
The Billionaire Money Rules
The Billionaire Money Rules What our research shows about how the self-made Super Rich build their wealth If you are like nearly every other successful dentist, you’re not ready to rest on your accomplishments. You want to build on your success so far to create even more wealth and more value. In...  Read More
Don’t Be So Quick to Turn Your Head on High Overhead
So you’re in the market looking to buy a dental practice, and you’ve seen information from brokers with summary practice information. As you’re looking at the overhead information, you think that some of the OH stats look really low and that must be great, and some look really high, and that must...  Read More
531 Enhancing Practice Operations with Diana Thompson : Dentistry Uncensored with Howard Farran
Watch Video here                                        VIDEO - DUwHF #531 - Diana Thompson                            Stream Audio here                                        AUDIO - DUwHF #531 - Diana Thompson                            A Dental Practice Operations and...  Read More
Buying a Dental Practice and Wondering if Overhead was Adjusted Properly?
There’s a great thread on about why buyers should NOT pay for potential and projections. Part of the discussion revolves around normalizing cash flow, particularly the overhead of the practice. This prompted me to write a blog post to help potential buyers evaluate a seller’s cash flow...  Read More
421 Freedom Founders with David Phelps : Dentistry Uncensored with Howard Farran
Watch Video here                                        VIDEO - DUwHF #421 - David Phelps                            Stream Audio here                                        AUDIO - DUwHF #421 - David Phelps                            David Phelps began investing in real...  Read More
420 Delegate and Elevate with Chris Scappatura : Dentistry Uncensored with Howard Farran
Watch Video here                                        VIDEO - DUwHF #420 - Chris Scappatura                            Stream Audio here                                        AUDIO - DUwHF #420 - Chris Scappatura                            Chris Scappatura is president of...  Read More
418 Better Financial Tracking with Reese Harper : Dentistry Uncensored with Howard Farran
Watch Video here                                        VIDEO - DUwHF #418 - Reese Harper                            Stream Audio here                                        AUDIO - DUwHF #418 - Reese Harper                            Reese Harper founded Dentist Advisors to...  Read More
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