PMA Practice Transitions, a regional dental practice advisory and transitions firm, announces the hiring of Doug Sellan as transition specialist. The addition of Sellan will help to grow its business in the Western Ohio market. Coming from Bank of America as a business development manager, senior vice president, Doug has more than 30 years of…
Published by Matt Scherer Whether you currently own a dental practice or are thinking of it, building up your business advisory team is always crucial for success. Having the right professionals in place allows you to focus on both the operation of your practice and your patients. Your Own Superheroes There are several professionals who you should enlist both…
Published by Matt Scherer Like almost any business nowadays, dental practices without an online practice may feel a negative impact to their bottom line. Roughly 75 percent of consumers check out a business’s website and social media pages before considering patronage – and dentists aren’t excluded. Dentists who have been in practice for a long time have found a…
Published by Matt Scherer When relocating offices, dental professionals often make the mistake of trying to do it by themselves. It is not easy to continue to serve clients, manage the practice and execute property negotiations – and you might not get the best deal possible due to the distractions. Having a professional team to manage your office relocation…
Published by Matt Scherer Even in the busiest of times, it is imperative to keep on top of your practice’s accounts receivable and payable. But even with the most diligent of practices, there may be times when something seems off, and your account doesn’t reflect all of the work put into your practice. If this occurs, it is time…
Published by Matt Scherer When you first dreamt of having your own dental practice, you likely didn’t think through all of the steps it would take to get to that dream. Whether you are still in dental school, recently purchased a practice or have had a practice for a few years, it is always a good time to work…
Published by Joe Gordon We attended our first Chicago Dental Society Midwinter Meeting at McCormick Place in February. This was a fantastic experience. The event boasted nearly 29,000 attendees from all over the U.S. and beyond. The exhibit hall housed more than 600 exhibitors showcasing their products and services. Attendees could choose from 200 continuing education courses, workshops, lectures,…
Published by Matt Scherer For any recent dental school grad or dentist early in their career who is thinking of purchasing an existing dental practice, a retiring dentist is a great resource who can help guide you through a smooth transition. When taking over a dental practice with an established client base, ideal location and new equipment can be…
Published by Joe Gordon Is your dental practice ready for your retirement? Even if you are just starting to consider this option – it is wise to start your succession planning now. All dental practice owners will eventually be faced with succession planning. It makes good sense to develop a plan now instead of waiting until it is too…
Published by Matt Scherer Why You Need To Know The Value Of Your Business While no two businesses are exactly alike, one of the most common traits that all business owners possess is passion. Not only has this passion allowed you to be able to provide for yourself and your family, in many cases it has allowed you to…
Published by Mary Beth Koester