Valuing a dental practice for sale: First-hand lessons learned

As part of our family’s decision to relocate to Seattle, we went through the step this year of selling our orthodontic practice and the building in which the practice operated. Later this year I’ll have a more detailed summary of the process of selling a practice, but in this article I’d like to focus on the building practice… Read More »

Sales seasonality in dentistry

Sales seasonality is the technical term for the fact that some months, from a business revenue perspective, are simply better than others, all other things being equal. At an extreme end, sales seasonality explains why a whopping 23.8 percent of jewelry stores sales and 15.3 percent of national chain department stores sales are in December (Source: New… Read More »

Top 10 most popular New Dentist Now blog posts of 2015

From a series of articles on practice ownership to guest bloggers sharing their ups and downs as new dentists, the New Dentist Now blog continued to grow in website traffic and content quality in 2015. Just in case you missed some of the most popular blogs this year, here are 10 worth revisiting: My New Dentist Life: Dr.… Read More »

In your journey through dentistry, what are you most thankful for?

With Thanksgiving Day only a week away, New Dentist Now asked its guest bloggers to answer one question: In your journey through dentistry, what are you most thankful for? Here are their answers: Dr. Katie Sowa “I’m thankful for the relationships I’ve built in my journey through dentistry. These relationships have led to a great associateship and involvement… Read More »

3 Months Before Opening Checklist – Part 2: Operational

This article is the second in a series of three covering some of the more practical steps you’ll need to take approximately three months before opening your practice. The first article covered finance related items that you’ll need to complete, whereas this article focuses on practice operations. 1. Dental Equipment Orders: You’ve probably already picked a location, but… Read More »

3 months before opening checklist – part 1: Finance

In previous articles, I’ve covered some of the very first things you’ll do as a new dentist who is planning to open a new practice. These included forming a legal entity and then actually setting one up. In this article we’re shifting gears and turning to the first of three articles covering some of the more practical steps… Read More »