In an ideal world, the most talented dentist would be the most successful. However, there are many mitigating factors that can prevent that from becoming a reality. The successful management of a dental practice is often the largest factor that can make or break a practice. Since dentists are typically spending their time taking care of patients, the job of …
Why Invest in Dental Practice Management Services?
Are you interested in increasing your dental practice profits? Wish you were seeing more patients? At Elevate Dental Partners, we are proud to offer a variety of dental practice management services designed to benefit both dentists and their patients. Elevate Dental Partners was created “for doctors, by doctors” in an attempt to provide dentists and their patients with a trusted, …
10 Steps to a Good Dental Practice Sale
Build Your Team of Advisors: Broker/Consultant, CPA/Accountant, and an Attorney – Too many dentists say they have read about the process and thought they could handle it. But patients trust a dentist because of their years of education, which is why we don’t get our teeth taken care of by a plumber who has read up about dentistry. These experts …
Six Questions to Ask When Buying a Dental Practice
Buying a dental practice is a big decision, and, like any other big decision in your life or career, you want to make sure that you’re handling it properly, taking the right factors into consideration and making sure that nothing is overlooked. To help you with that decision, here are six questions that you should keep in mind when looking …
Exit Strategy & Selling Your Practice
Within the dental industry, it’s no secret that it’s a growing field that is experiencing a boom. Along with that boom comes a change, this change includes consolidation, in main part because of outside capital. Whatever the case may be, those with a currently emerging practice or a growing group, it is very possible that you have already been approached …
Your Partner in Growing Your Practice
The experience our company gained throughout our years in the dentist industry has helped us to provide profitable knowledge to our clients. We have acquired the ability on how to contribute the highest prices for our clients through their sales. Our program is built to provide guidance to dentists and their clients. Increase in Dental Support Groups There has been …
Five Strategies to Help Your Dental Practice Be Successful in 2018
As a business owner, you’re probably always looking for ways to improve your practice. To help your dental practice grow this year, here are a few strategies to consider. Review the previous year. Before you make any changes in the new year, take a look at the previous year to see what went well and what areas need improvement. Make …
3 Keys to Help Protect Your Dental Practice
Dental practices used to exist autonomously, in their own little worlds. The same team of dental office employees would remain committed to the job for two decades or more. Personal and professional lives would become intertwined. Dentists would give in to over-the-top requests like paying out personal loans or babysitting hygienist’s children. Dental office employees functioned and interacted as an …
Selling Your Dental Practice: FAQs
Elevate Dental Partners has worked with numerous dentists over the years, facilitating the successful sale of their practice. Are you a dentist interested in selling your dental practice? Got some questions about the sale of your dental practice? Here are some common questions we are asked at Elevate Dental Partners. If you have additional questions, contact us 614.427.0495. We’re always …
What Contributes to the Overall Value of Your Dental Practice?
When owning a dental practice, it is vital to not only know the value of your dental practice, but also to understand how value is determined. While this valuation is generally conducted by a CPA, being well-informed about the process is helpful. There are several factors that go into the valuation: Capitalization of Earnings By looking at the last 3 …