Full show notes at http://businessofdentistrypodcast.com/
Kevin Donlin, doctor, and manager of We Care Dental and member of the South Dakota Army National Guard, shares his challenges and solutions to being a small town practice owner.
When you’re living in a small town, you will most likely end up being either the only dentist in town or one of two or three others. This situation poses challenges if you are considering expanding your practice. Kevin shares his opinion on what your options are and how to best tackle this situation.
Apart from managing his practice, Kevin is also involved in the National Army Guard. This means that his schedule is most of the time full, leaving him little time for other activities. Kevin speaks about how he copes with being away from home for extended periods of time.
Are you a small practice owner in a small town? Then this episode is just for you.
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Join us for a conversation on the advantages and demands of small-town dental ownership.
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Full show notes at http://businessofdentistrypodcast.com/
Boomcloud founder, Jordon Comstock, is no fan of insurance companies. He is convinced that dental practices don’t need a third party providing them with clients, so he developed a software that enables practitioners attract and retain customers through in-house membership plans and financing.
He is not alone in this venture. More and more dental and medical offices become tired of having to deal with insurance companies and develop plans of their own.
If you’re a dental (or medical) practice owner thinking about making a change and reducing or renouncing your insurance dependence, then you’re in for a treat, as Jordon carefully lays out the steps you need to do in order to become more independent. As a bonus, you should know that generating recurring revenue stream will increase the valuation of your practice.
Key takeaways:
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Join us for more information on how to create recurring revenue stream through membership plans or in-house financing.
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Full show notes at: http://businessofdentistrypodcast.com/
Brian Colao, Director of leading US law firm Dykema, shares with us his expertise on how to get started with expanding a solo practice to a DSO or securing a private equity deal.
The dental industry is currently heading towards more DSO affiliations from solo practitioners. Getting affiliated with a DSO or doing a private equity deal can result in a much higher ROI over time, so many practitioners choose to expand.
What are the first steps towards restructuring to a DSO, or doing a private equity deal? What questions should you ask yourself and how much money would you need? What should you know beforehand when deciding between a DSO and a private equity deal?
Brian Colao comes to the rescue with answers to these questions and more.
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Tune in to hear more on how Brian Colao’s company is helping solo practitioners get the best investment return out of their business.
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Full show notes at: http://businessofdentistrypodcast.com/