When you open a new dental practice, you will need to decide what legal structure to use for the business. The choice of entity structure can have several critical implications for dental startups, including liability protection, tax consequences, and options for growth and investment.
Common Entity Options for...Can You Own a Dental Practice Without Being a Dentist? A Legal Deep Dive
Can a Non-Dentist Own a Dental Practice?
Continue reading…
Non-dentists generally cannot own or control a dental practice directly in states that follow the corporate practice of dentistry doctrine. However, many states allow non-dentists to participate legally through management service organizations (MSOs) or related business structures. Understanding your state’s rules...
Can Two Dental Practices Have the Same Name? Understanding Trade Name Laws
Picking a name for your dental practice can help you stand out and gain recognition in the market. However, another dental practice may already operate under a name you want to choose for your new practice. Can two dental practices have the same name?
Understanding Trade Names and...
Financial Management for Dental Startups
Opening your very own dental practice is an exciting endeavor that can bring countless benefits to your life. However, within the first few months and years of opening your business, you’ll face a lot of challenges, including the steep financial learning curve.
When it comes to financial management for...
Insurance Coverage for Dental Practices: Legal Insights
Owning a dental practice comes only after many years of hard work. You know that the dental industry naturally leaves you vulnerable to a variety of liabilities, and you also know that having the right insurance coverage is non-negotiable. However, figuring out exactly what insurance your practice needs is rarely easy.
Benefits of Starting Your Own Dental Practice
Have you dreamed of one day owning your own dental practice? Many dentists do and it is no wonder why. While owning any type of business can be a challenge, owning your own dental practice can be a rewarding professional endeavor. If you are on the fence about starting your own...
Dental Practice Start-Up Checklist
Have you considered starting your own dental practice? It can be an exciting endeavor to undertake! If the thought of being your own boss and building your own business appeals to you, make sure you are taking the proper steps to make this dream a reality. Here are some things you...
Choosing the Right Location for Your Dental Practice Startup
Location. Location. Location. When it comes to starting any kind of business, location selection is critical and can have long-term consequences for the success or failure of your business. Dental practice startups are no different. Choosing the right location for your dental practice startup is essential. Time and...
