Are you planning to sell your practice soon and wondering what it will be worth? Dental lawyer Michael Carabash shares a number of macro and micro factors that contribute to your dental practice’s overall worth. Subscribe to Oral Health’s weekly e-newsletter to have the latest episode delivered straight to your inbox every week!
Eric Pook from Cirrus Consulting Group joins Dr. Jordan Soll to discuss the complexities of dental office lease agreements and how lease agreements are often overlooked, despite being a significant financial commitment and impacting practice value. He advises dentists at all career stages to seek professional help to protect their assets and ensure smooth transitions. … Read more
Retired dentist Dr. James Vassallo reveals what his biggest fear was when selling his practice and how his dental lawyer helped with the process. Subscribe to Oral Health’s weekly e-newsletter to have the latest episode delivered straight to your inbox every week!
If you are in the latter part of your career, Dr. Howard Glazer recommends giving back to the next generation of dentists through mentoring. In the latest Weekly Wisdom, he makes some suggestions of how you can do this. Subscribe to Oral Health’s weekly e-newsletter to have the latest episode delivered straight to your inbox every … Read more
You need to think long term if you are going to be selling your practice. Michael Carabash, dental lawyer with DMC, gives his perspective of the 3 things dentists need to consider when planning to sell their dental practice. Subscribe to Oral Health’s weekly e-newsletter to have the latest episode delivered straight to your inbox every … Read more
Buying a practice is a major decision, but when you pull the trigger on buying an existing practice, you get the opportunity to become an entrepreneur without starting an office completely from scratch. In today’s economy, I find myself encouraging first-time practice owners to purchase a practice rather than starting one up particularly if they … Read more
It is often said that being a dentist is a commitment to life-long learning…i.e. your education doesn’t stop when someone hands you a diploma at graduation. With the readers’ permission, I would like to amend that thought as follows: Upon retirement from practice, your obligation to educate extends to mentoring those who follow. Webster’s dictionary … Read more
Michael Carabash, lawyer with DMC, shares what you need to do in order to save money when selling your dental practice. Subscribe to Oral Health’s weekly e-newsletter to have the latest episode delivered straight to your inbox every week!
Buying your own dental practice is no small feat. Many factors must be considered, which is why having help from a broker or lawyer is extremely important. In our latest survey of practising Canadian dentists, we looked at some current trends for when dentists plan on buying or selling their practices in terms of age … Read more
Michael Carabash, dental lawyer, interviews retired dentist James Vassallo on how he spends his time post-dentistry. Subscribe to Oral Health’s weekly e-newsletter to have the latest episode delivered straight to your inbox every week!
A dentist sells their dental practice for (hopefully big) money. A significant chapter of their life has ended, and another one has just begun. But now what? In this article, we look at what dentists may want to do if they did an ASSET sale – meaning their dentistry professional corporation (“corporation”) sold the dental-specific … Read more
For every practitioner, there comes a time when they realize it is time to let go of the reins. For me, it was after 48 years of “riding the horse” of a successful, private, fee-for-service general practice. I had an associate I thought would buy the practice. My lease was coming due when I thought … Read more
Many dentists practice as an associate before purchasing their own practice while some go straight into owning. Depending on your path to practice ownership, there are a few different challenges to keep in mind as you prepare. For those who do not work as an associate before buying their practice, the largest challenge is finding … Read more
Eric Pook, President of Cirrus Consulting Group, shares what practice owners need to look for when entering into a new office lease agreement and what they can do to improve their current lease. Newcom Media Inc · Episode 14 – Secrets Your Landlord Doesn't Want You to Know Read the audio transcript below: Dr. Luisa … Read more
I recently had the opportunity to share my perspectives on empowering your practice by thinking like a CEO when I spoke at the annual meeting of the Academy of Private Dental Practice conference in Fort Lauderdale. It was a great group of dentists and I would encourage you to check them out. During one of … Read more
Dental lawyer Michael Carash interviews retired dentist James Vassallo on the most challenging aspects of selling his practice. Subscribe to Oral Health’s weekly e-newsletter to have the latest episode delivered straight to your inbox every week!
Michael Carabash, dental lawyer, discusses what new dentists should look for in a lease agreement when building their practice! Subscribe to Oral Health’s weekly e-newsletter to have the latest episode delivered straight to your inbox every week!
Gurtej Varn, leading Wealth Advisor for dentists in Canada, shares the financial aspects dentists need to consider when looking to buy and own a clinic. Newcom Media Inc · Episode 12 – Financial Path to Clinic Ownership Read the audio transcript below: Dr. Luisa Schuldt (LS): Hi, everyone. Welcome to Brush Up, presented by Oral … Read more
Dr. James Vassallo and Michael Carabash discuss the three major things to consider before you begin the process of selling your practice. Subscribe to Oral Health’s weekly e-newsletter to have the latest episode delivered straight to your inbox every week!
Michael Carabash, DMC LLP, shares what will happen to your dental team if you are selling your practice and what you need to do to prepare for the situation. Subscribe to Oral Health’s weekly e-newsletter to have the latest episode delivered straight to your inbox every week!