As we eagerly shed 2020 and await with cautious optimism the year ahead, not unlike other industries, thought leaders in our “space” are prognosticating on what dentistry will look and feel like in a post-COVID-19 era. It is the season of resolution-making, waving good-bye to the previous year and embracing a better year on the … Read more
In this Weekly Wisdom video, Dr. Angela Mulrooney speaks about the importance of planning rather than hoping for success. Subscribe to Oral Health’s weekly e-newsletter to have the latest episode delivered straight to your inbox each week! Sponsored by Carestream Dental offers solutions for dental practitioners, including 3D imaging systems, panoramic and cephalometric … Read more
Loyalty Builds Your Practice Our survey results show that the main reason patients remain loyal to their dentist is because they trust them. This proves just how important it is to build strong relationships with patients. The best way to form a solid relationship is by being dependable in your clinical skills and taking the … Read more
Like most other healthcare niches, dental and oral care facilities and experts have started to adopt mobile apps. Many dental care facilities have started to utilize mobile apps to the advantage of dental care treatment and practices. There is no surprise that we already have several great applications that are offering superb utility and exceptional … Read more
Let’s face it, dentistry is expensive. And if you think you can’t afford dental care, it can quickly become a self-fulfilling prophecy: the longer you hold off going to the dentist, the more expensive and out of reach it can get. When patients have an escalating amount of dental problems, the situation can be overwhelming. … Read more
In this week’s episode of Weekly Wisdom, David Chong Yen, CPA, CA, CFP tells us why you should always be betting on yourself as a dental practice owner. Subscribe to Oral Health’s weekly e-newsletter to have the latest episode delivered straight to your inbox each week! Sponsored by Carestream Dental offers solutions … Read more
As we find ourselves in the final month of 2020, I am sure many of us would rather just turn the page to 2021 rather than look back on this crazy year. However, looking back can provide an incredible perspective. We learn what we did well so we can duplicate it. More importantly, we learn … Read more
2020 brought tremendous change, hardship, and loss for a great many of us. We were catapulted out of our comfort zones as we had to adjust to the new normal. With a new year around the corner, we have a unique opportunity to recognize how unprepared we may have been to handle an abrupt change … Read more
2/3 NEW OWNER POCKETBOOK – A Three Part Series In this uncertain time of the COVID-19 pandemic, there are still clinics being sold and bought. Credit is still being issued and some transactions are expedited while others are stalling. When it comes to assessing a business, most rely on a broker’s appraisal document. Although it … Read more
I know we are all getting tired of talking about COVID-19, however, COVID-19 is here. COVID-19 is putting a wrench in the perfect plans we had set out when 2020 started. So, what are you going to do about it? Are you going to sit in the corner and lick your wounds, or are you … Read more
Welland Smiles Dentistry, located in Welland, Ontario, is a 2900-square-foot space offering patients an eight-operatory dental office that is both functional and calming. One of the main goals of Welland Smiles Dentistry is to create a light and welcoming environment for patients visiting their new location. This is achieved by the abundance of natural light … Read more
Where do you see your practice – and yourself professionally – in 12 months? What about in three years? What are your longterm business goals, and are you on track to achieve them? You probably could have answered those questions easily a few months ago. Then COVID-19 struck, and everything changed. Your previous projections and … Read more
What can be said for 2020? Dentistry was completely shut down and no one was prepared. The dental industry had to fight for its life and for survival. On March 15, we closed our office and expected to create a plan to open within two weeks. We experienced pain from revenue cessation, overhead continuation, lack … Read more
Interested in contributing to Oral Health Group’s blog? Email marley@newcom.ca for more information!
In this week’s episode of Weekly Wisdom, Alex Zlatin lets us know what to keep in mind when you have CCTVs in your practice. Subscribe to Oral Health’s weekly e-newsletter to have the latest episode delivered straight to your inbox each week! Sponsored by Carestream Dental offers solutions for dental practitioners, including … Read more
Running a dental practice isn’t all about how good you are at performing a wide array of dental procedures. While being renowned for your expertise will always be great, there are other things you need to consider to ensure your dental practice’s success on all fronts. Whether you’re offering regular dental services or advanced cosmetic … Read more
Interested in contributing to Oral Health Group’s blog? Email marley@newcom.ca for more information!
An important consideration during the sale of a practice is the amount of taxes arising from realizing a capital gain – the underlying asset primarily being the patient list, i.e., goodwill. While the seller can avail of the lifetime capital gain exemptions as a reduction to the capital gain tax, there are opportunities for a … Read more
Interested in contributing to Oral Health Group’s blog? Email marley@newcom.ca for more information!
In this Weekly Wisdom video, Dr. Angela Mulrooney recommends being realistic about the number of patients who will be attending your practice after the recent bump in numbers. Subscribe to Oral Health’s weekly e-newsletter to have the latest episode delivered straight to your inbox each week! Sponsored by Carestream Dental offers solutions for … Read more