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Practice Profile: Build this Small Solo Practice into Your Dream

Posted by Betsy Krekling, ADA Advisor on 6/11/21 8:30 AM

This well-established solo practice is small but mighty! It could be the ideal place to launch your career – or to slow down.

Founded in 2000, the seller has built a loyal base of patients with just two operatories. However, a third operatory is already plumbed and ready to establish as a hygiene room – and there’s enough space to add a fourth operatory when you’re ready.

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Topics: practice profiles

OK Boomer! What D’ya Want Millennial?

Posted by Bill Robinson, ADAPT President & CEO on 6/8/21 7:30 AM

It is astonishing how many articles, essays, and opinion pieces there are about generational differences between baby boomers and millennials. Not to mention the YouTube videos, memes, and TikToks poking fun and parodying one side or the other. My favorite is here (and I’m a boomer!).

The last thing I want to do is write yet another blog post pontificating on how the generations misunderstand one another. Instead, I want to focus on what both groups share – especially when talking about dentists working together in an office as owner and associate or transitioning a practice from one dentist to another.

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Practice Profile: Be Productive from Day One – With Mentorship to Grow the Practice

Posted by Betsy Krekling, ADA Advisor on 6/4/21 9:15 AM

Ready for a profitable, well-located practice with room to grow – and the mentorship to make it happen?

Check out this solo, 6-operatory practice that currently treats 6,000+ patients. The seller works four days a week, but an average hygiene wait of eight weeks indicates demand to expand the schedule. And with cone beam imaging, paperless records, caries detection devices, digital radiography, and intraoral cameras, you’ll have all the equipment you need to deliver top-quality care.

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Topics: practice profiles

Webinar Replay: How to Get Started with the Mentorship-to-Ownership Transition Path

Posted by Bree Simmers on 6/1/21 11:46 AM

86% of graduating dental students report that they want to own a private practice within ten years of graduation. And 51% hope to do so in just five years, according to ADA data.

COVID-19 didn't really change these numbers. But COVID did decrease the amount of hands-on clinical time available to these graduating students.

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Topics: coffee talks

Practice Profile: Expandable 3-op Practice with a Low-cost, High-quality Lifestyle

Posted by Betsy Krekling, ADA Advisor on 5/28/21 9:00 AM

This 3-operatory family practice is perfectly located in an area that balances great quality of life with a low cost of living! The fee-for-service model provides a very comfortable lifestyle with the satisfaction of a hands-on general practice.

The seller has set a very reasonable price, so you can afford to buy this practice while building your ideal work-life balance. The area’s shortage of dental providers creates demand to expand – and the space to do so!

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Topics: practice profiles

Practice Profile: Well-oiled Practice, Eager for a Successful Transition

Posted by Betsy Krekling, ADA Advisor on 5/21/21 9:15 AM

Purchase this five-operatory practice that runs like a well-oiled machine – backed by a staff and seller eager to help you succeed!

This practice is built with an emphasis on management, systems, exceptional service, and moderate fees. The result is excellent production and collection, with 40% net profit. Better yet, the well-organized, low-stress practice provides plenty of satisfaction for patients, staff, and doctor.

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Topics: practice profiles

Practice Profile: Minimally-Invasive Practice Where Less is More

Posted by Betsy Krekling, ADA Advisor on 5/14/21 9:00 AM

If you take a very conservative approach to your dentistry, this solo practice might be perfect!

This 8-operatory practice follows the Minimally Invasive Dentistry philosophy that respects the health, function, and aesthetics of oral tissue by preventing disease from occurring or intercepting its progress with minimal tissue loss. Using techniques such as Air Abrasion, this practice sets a high standard of care where “less is more.”

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Topics: practice profiles

What Went Wrong: I Sabotaged the Sale

Posted by Betsy Krekling, ADA Advisor on 5/12/21 9:00 AM

All too often, I see buyers and sellers alike sabotage what could have been a perfect transition. Sometimes, it just was not meant to be. Other times, an earlier mistake stops the entire process. By then, it’s often too late to fix — especially if the mistake has sowed distrust or doubt. 

Let’s look at three scenarios where a sale was torpedoed and explore how things could have turned out better.

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Topics: what went wrong

Practice Profile: Fee-for-service, Fully Digital Practice Ready for a New Owner

Posted by Betsy Krekling, ADA Advisor on 5/7/21 8:45 AM

Well-established, amalgam-free, fully computerized practice is ready for you! This 5-operatory, fee-for-service practice has built its reputation on personalized, high quality care.

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Topics: practice profiles

Practice Profile: Enjoy Work-Life Balance in Wine Country

Posted by Betsy Krekling, ADA Advisor on 4/30/21 8:45 AM

This 4-operatory solo practice is designed for work-life balance – and located in the perfect place to enjoy that flexibility! The seller explains, “Some live to work; we work to live,” noting that the schedule is optimized to provide for quality personal/family time. “I believe time away allows for improved productivity on the return,” the seller says. “Work is important, but so is life.”

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Topics: practice profiles

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