Financing & Financial Planning Articles

Financing Options For Your Practice Purchase

by Jim Baum | Published 03/31/2009 | Financing & Financial Planning : Dental |  Practice Acquisition & Start-Up : Dental

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While today’s economic environment is certainly challenging, there are still a number of financing options available to dentists transitioning to ownership through a practice purchase.

Building Your Practice Through Debt Consolidation

by Author Not Available | Published 08/06/2007 | Financing & Financial Planning : Dental

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Financial institutions allow us to achieve our dreams like never before. If you’re like most practitioners, you probably took out your first loan to finance dental school. Years later you may have borrowed again to realize your dream of owning your own practice. And as your business and professional goals grew, you may have decided to finance the expansion of your practice.

Using Cost Segregation To Reduce Building Costs

by Allen Schiff | Published 03/29/2007 | Office Design & Construction : Dental |  Financing & Financial Planning : Dental

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While there are many reasons to improve your current facility or purchase a new building for your dental practice, there is one you may not have considered.

Selecting the Right Lender for Your Practice Acquisition

by Peter Ackerman | Published 08/20/2007 | Financing & Financial Planning : Dental |  Practice Acquisition & Start-Up : Dental

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You’re ready to purchase a practice – but where to go for practice financing? Acquiring a healthcare practice is one of the most significant investments you’ll make in your entire career, so choosing the right lender to help you finesse this complex transaction is a critical first step in the process.

Positioning for Transitioning Case #1

by W. David Griggs | Published 07/02/2009 | Legal & Business Planning : Dental |  Financing & Financial Planning : Dental

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Strategies for Early, Mid & Late Career Doctors

Many dental practitioners think of practice transitioning as an event that occurs at the end of their career. But the truth is, with careful planning and positioning of your practice, you can find many opportunities throughout your career to enhance your profits and practice value through various transition strategies.

Understanding Your Practice Appraisal

by Earl Douglas | Published 07/06/2009 | Legal & Business Planning : Dental |  Financing & Financial Planning : Dental

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When called upon to appraise a dental practice, appraisers must approach each assignment with the same principles.

Positioning for Transitioning Case #2

by W. David Griggs | Published 07/02/2009 | Financing & Financial Planning : Dental |  Legal & Business Planning : Dental

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Putting patients at the center of your practice upgrade

by Bob Creamer | Published 02/21/2013 | Equipment & Technology : Dental |  Financing & Financial Planning : Dental

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- Today’s tax laws allow accelerated deductions for equipment and technology purchases.
- For many dentists these deductions are critical to their yearly financial planning.
- Investing in your practice for the right reasons is important regardless of tax laws.
- If the purchase does not allow you to offer better care, the investment may not truly advance your practice.

Preparing for changes in practice transitions

by Gretchen and Preston Lovelace | Published 02/22/2013 | Practice Management & Marketing : Dental |  Financing & Financial Planning : Dental |  Practice Acquisition & Start-Up : Dental

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The three most important things a buyer can do are learn the business side of the industry, understand their clinical skills, and minimize personal debt.
Emerging trends in practice transitions are changing the way dentists approach a practice purchase or sale.  Yet, with the proper preparation and guidance, dentists can emerge from their transition better equipped to achieve success.  How prepared are you?

Q&A : Finance persepectives on your practice purchase, start-up, or expansion

by Andrew Ventura | Published 02/22/2013 | Practice Acquisition & Start-Up : Dental |  Financing & Financial Planning : Dental

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Now is a terrific time to improve your dental office or create a practice of your dreams. Financial conditions are still favorable for a practice purchase, start-up or remodel, and some practice lenders go the extra mile to guide you through the process. Following are questions and answers to help guide your decisions.