Transactional and Transformational

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By Marie and Larry Chatterley From the Spring 2017 Journal of the Colorado Dental Association Over the course of the past 28 years and 1,500 practice transitions, we have noticed that one thing determines a dentist’s success in practice more than any other: the dentist’s character. More specifically his/her attitudes, beliefs and value systems contribute or detract from success more …

Practice Overhead: Does It Matter When Buying a Dental Practice?

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By Susan Spear From the Winter 2017 Journal of the Colorado Dental Association When a buyer chooses the right dental practice for their future, they consider income and expenses, cash flow, practice statistics, location, office space and size, lease, equipment, patient demographics, and the availability of quality practices on the market. Which of these characteristics is most important when purchasing …

Assembling the Right Team to Open a New Office

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By Stephen Strecker From the Fall 2016 Journal of the Colorado Dental Association One of the most significant business decisions you will make is the strategic choice of your office’s location. In many markets, the incentives offered by landlords to new tenants make relocation more appealing than renewing a lease in your existing space, and before signing any lease renewal …

SB16-009: What Your Practice Needs to Know

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The Colorado Dental Board recently emailed dental licensees regarding SB16-009, a 2016 bill that made a technical fix to a longstanding state law on fee splitting by dentists. Information was provided to members about SB16-009 in the summer 2016 Journal of the Colorado Dental Association. A few additional questions have been generated by members, however, following the dental board’s communication. The …

5 Ways to Make Your Practice Sellable

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By Susan Spear From the Summer 2016 Journal of the Colorado Dental Association What makes a dental practice sellable in today’s marketplace? A good place to start is to understand and quantify your assets both tangible and intangible. Tangible assets or “hard” assets are the equipment, instrumentation, supplies, computers, software, office lease and leasehold improvements such as cabinetry, office furnishing …