It’s no secret: the world we live in is highly competitive, and the people in it are extremely visually aware. It’s therefore critical to develop a strong and consistent brand for your dental practice. But just how do you do that? And what constitutes a strong dental practice brand in the first place? To begin,…

Networking is an important part of building your business, whether you are just starting out or are looking at selling your dental practice. Here are some simple steps on how and where to effectively network for your dental practice: With these tips, you can effectively network and build your professional contact list as well as…

When your dental practice is running smoothly, your job will tend to be a lot more enjoyable. You’ll be able to provide your patients the best possible service, you’ll approach the work with more energy, and you will be able to stay a lot more focused. Unfortunately, when the management side of things isn’t going…

Dentistry can be a tough business. Many young dentists are entering the industry with tech and marketing experience. In the emerging market, simply having more experience than the next practice won’t necessarily cut it. Business acuity is now vital if you are going to compete with a Generation Y driven demographic. It is also important…

Dental Science is a constantly evolving. Every year there are dozens of changes and breakthroughs that dentists need to be aware of, though it’s not always easy to find time to keep up with the trends. Here are 3 recent stories that you should know about: New toothpaste could replace lost minerals while you sleep…

Dental practice valuations can be confusing; sometimes it seems like there are a number of random factors both difficult to measure or even define when valuing a dental practice. Also, it can appear that you need a professor of economics to make sense of all the metrics involved in a thorough dental practice appraisal. As…

By Larry Chatterley, CTC Associates We discussed in our last article the idea that success doesn’t actually bring happiness but rather happiness is much more likely to bring success. Playing your “A” game is really the degree to which happiness flows. Let’s take a look at how that can apply to your dental practice. Once you…

By Larry Chatterley, CTC Associates Bring your “A” game!” It is a common phrase used when participating in a sporting activity. Similar to school grades, bringing your “A” game refers to doing your best and performing at your highest level. So when it comes to dentistry, what does a practice look like where the doctor and…

By Patrick Johnston of McLerran & Associates As dental practice brokers and transition consultants, we are regularly involved in the negotiation of letters of intent, asset purchase contracts, restrictive covenants, partnership buy-in agreements, associate employment agreements, lease agreements, space sharing agreements, listing agreements, commission agreements, real estate purchase contracts – a fairly long list! Some negotiations…