In establishing your dental practice, there are several legal documents that will cross your desk. One of the most significant ones will be your dental practice lease agreement. Resist the urge to sign off on this without a second glance as it can have profound impacts on your business, not to...
Category: Dental Practice Consulting

Developing Your Dental Practice Brand
Branding in its broadest sense is what you want your business, your team, and yourself to represent to the world. When done so intentionally and mindfully, branding can allow you to set your business above the rest and define its goals. Properly executed branding can make your clients and the public develop...

Why You Need a Business Plan for Your Dental Practice
A business plan can act as the foundation for building a strong business, setting it up for long-term growth that is sustainable into the foreseeable and unforeseeable future. A dental practice is no different. As a budding business, a dental practice should have a strong business plan in place for a number...

Negotiating the Terms of Sale for Your Dental Practice
The sale of your dental practice may be one of the most significant transactions of your life. You have invested your time, money, and energy into building this business. When it comes time to sell, you want to ensure that you are doing right by yourself and everything that you have...

What Does a Dental Practice HR Department Do?
Human resource departments provide essential services to businesses of all sizes. Smaller dentist practices may see an HR department as a luxury they can’t afford, but not having dedicated HR services may prove even more expensive to the practice. You see, the value of people should not be underestimated. Dedicated staff...

What are the Overhead Costs of a Dental Practice?
Whether you are looking to buy a dental practice or do a check in to your existing practice’s strength, overhead costs can be an instructive factor to review. In fact, reviewing a practice’s overhead can give you an insightful look into a practice’s overall health and wellbeing. While it will not tell...

Dentist Cost-Share Arrangements
A lot rests on the person responsible for owning and running a dental practice. The costs alone can be a major stressor. Think about the cost of your space, equipment, and everything else needed to properly serve your patient. Some dentists choose to reduce these costs by entering into a cost-share...

Common Mistakes Dental Practices Make When It Comes to Risk
Investing time and resources in risk management practices can bring great benefits to your dental practice for little expense. Unfortunately, far too many practices fail to put the work in at the front end of things and end up facing the consequences further down the road. Here, we will look at some...

Partnerships Agreements for Dental Professionals
There are a number of reasons why more than one dental professional would want to work together and form a dental partnership. Profits are shared, but so are expenses, in a partnership. While there are some benefits to entering a dental partnership, dental professionals considering such an arrangement should be aware of...

What to Look For In Your Dental Practice Lease
To any business owner, a lease agreement is one of the most important contracts that will need to be signed. Dental practice owners are no exception to this. Getting the right lease in place with favorable terms is a foundational step to setting up your dental practice for continued success and minimal...