June 14, 2021 News BlogsDental OfficeFinancesNew dentistsPractice ManagementPractice Operations

Considerations for Buying and Selling a Dental Practice During the Pandemic

by Ken Arding, BDO Canada

It goes without saying that the COVID-19 pandemic has been an unexpected and unprecedented period in Canada and beyond. And while you might think that would hinder dental professionals from buying or selling a practice, think again. Over the last…

May 3, 2021 Feature Oral Health OfficePractice management

How to WIN as the Buyer: Partner with a Lender

by Lisa Philp; Dr. Sean Robertson; Dion Farentino

The “post-COVID” dental practice marketplace continues to demonstrate a steady rebuild of productivity, adaptation to the return of health-conscious patients, while being deemed an essential health service. The profession’s ability to overcome a pandemic climate is commendable. The pandemic has…

March 2, 2021 Video Dental VideoNew dentists

Weekly Wisdom: Should You Buy Your Practice or Your Home First?

by Oral Health

  In this episode of Weekly Wisdom, David Chong Yen CPA, CA, CFP shares what you should be prioritizing from a financial perspective. Should you buy your practice or your home first?     Subscribe to Oral Health’s weekly e-newsletter to have…

February 26, 2021 Feature Office ManagementOral Health OfficePractice managementPractice Operations

What’s Good for The Buyer Can Be Good for The Seller

by Sean Robertson, DDS, The Dental Broker Team; Lisa Philp, Transitions Group

As a profession, we are currently in a fortunate position. Our practices provide us the ability to live a comfortable life, maximize our value when it’s time to sell, and leave a professional legacy in the communities in which we…

December 21, 2020 Feature Oral Health OfficePractice management

Dental Practice $ales: Get the Most When You $ell

by Michael Carabash, BA, LLB, JD, MBA, CDPM

For the last few years, it’s been a seller’s market when it comes to dental practice sales, due to too many buyers, not enough sellers, low interest rates, 100% bank financing and dental service organizations scooping up practices. These conditions…

December 4, 2020 Feature New gradsOral Health OfficePractice management

Buying an Existing Practice: Be Prepared for Surprises

by Alex Zlatin, MaxiDent

2/3 NEW OWNER POCKETBOOK – A Three Part Series In this uncertain time of the COVID-19 pandemic, there are still clinics being sold and bought. Credit is still being issued and some transactions are expedited while others are stalling. When…

October 30, 2020 Feature New dentistsNew gradsOral Health OfficePractice management

Preparing to Go Independent: Buying VS Building

by Alex Zlatin, MaxiDent

1/3 NEW OWNER POCKETBOOK – A Three Part Series At a conference in January with dental students (CDSC 2020), I saw a remarkable enthusiasm within many to own a clinic. I couldn’t hide my thrill to see driven, focused and…

October 22, 2020 Feature Dental StudentsNew dentistsNew gradsOral Health

Considerations When Buying a Practice Post-COVID

by Chris Molloy, B.A.Sc., CFP

This is undoubtedly a weird time to be finishing your final years of dental school. Uncertainty is everywhere around you. When will class return to normal? Will there be associate roles available upon graduation? Will you be able to pay…

June 15, 2020 News BlogsFinancesPractice management

Hanging Out One’s Shingle: Why COVID Presents a Commercial Real Estate Opportunity for Dentists

by Bob Zariczniak, HBSc, DDS

McDonald’s is famous for inventing (and continuously re-inventing) the fast-food industry. What most people don’t understand, however, is that the majority of their profits isn’t from the burger-flipping business, but from the commercial real estate business. Dentists, although known for…

February 28, 2020 Feature Oral Health Office

Due Diligence When Purchasing a Dental Practice: A Risk and Compliance Perspective

by Julian Perez, VP of Compliance & Risk at dentalcorp

Purchasing a dental practice can have a lasting impact on a dentist’s career and is one of— if not the—largest investments of a lifetime. Acquiring the right practice can provide a dentist with meaning and satisfaction for years to come;…

February 21, 2017 Video FinancesPractice Operations

Top 2 Tips for Buying a Dental Practice

by Oral Health

In this financial video, David Chong Yen, chartered accountant, talks about two of his biggest tips when buying a dental practice: 1. Synergy and 2. Realizing Value. His biggest advice: “Control risk.” Watch last week’s Best Practices video: 3 Keys…