Category Archives: New Dentist Finances

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 »

So you want to be a practice owner someday: Planning for growth and expansion

Editor’s note: This is the fifth article in a summer series of New Dentist Now blog posts on practice ownership from Wells Fargo Practice Finance, the practice lender endorsed by ADA Business Resources. To read other articles from the series, click here. Most new practice owners don’t open their first practice with thoughts of immediate growth in mind.… Read More »

So you want to be a practice owner someday: Working with professional advisors

Editor’s note: This is the third article in a summer series of New Dentist Now blog posts on practice ownership. To read other articles from the series, click here. Whether you’re buying or building a practice, you will need a team of reliable advisors to support and guide you through the process and create the outcomes you envision.… Read More »

So you want to be a practice owner someday: Paths to ownership – Should you acquire or build?

Editor’s note: This is the second article in a summer series of New Dentist Now blog posts on practice ownership. To read other articles from the series, click here. Congratulations on your decision to become a practice owner! You have many challenges and rewards ahead of you. One of your first tasks is to decide whether to acquire… Read More »

So you want to be a practice owner…someday: Solo or group practice, which is right for you?

Editor’s note: This is the first article in a summer series of New Dentist Now blog posts on practice ownership. It can take significant introspection to determine whether you’re best suited for a solo practice where you run the show, or a group practice with two or more dentists taking direction from an individual or corporate owner. In… Read More »

Take action to support student loan reform

Contact your member of Congress and urge him or her to cosponsor the Student Loan Refinancing Act of 2015, H.R. 649. The American Dental Education Association estimates that the average graduating dental student’s debt was over $247,000 in 2014. H.R. 649 will allow borrowers, under the federal student loan program, to refinance their existing loans multiple times. If… Read More »