Practice Acquisitions: Deciding Between a Partnership or Buyout

Recently a dentist asked me a question about practice acquisitions, as he thought there may be an opportunity to expand. His question, What is important to ask when deciding between a partnership or a buyout, is one that many dentists may find themselves asking as more seasoned dentists look to retire. Here’s the scenario. The … Continued →

How to Tell If the Dental Practice Is a Good Fit: Tips for New Dentists

Luckily for new dentists, there are many options when it comes to joining a practice. There are small, two- or three-operatory chair practices. There are multi-location dental partnership groups, corporate dental practices; practices in cities and rural communities, and everything in between. How do new dentists know which one will be a good fit? Observe … Continued →

Navigating Associate Contracts for New Dentists

When new dentists join a practice as an associate, they should get used to signing their name. Associate contracts require careful review and often involve several provisions, like employment, compensation, time off, non-competes, and more. When you’re just starting your career, how do you know whether these items are in your favor? Read on for … Continued →

Improving Performance Reviews In Your Dental Practice

Many dentists conduct staff performance reviews during the summer or fall – although many dentists don’t conduct formal reviews at all. A regular employee evaluation program is critical to ongoing practice management and performance and can avoid potential liability issues if you must terminate an employee. Keep these best practices in mind for your own … Continued →