As you approach the end of the year, now is a good time to sit down with your partners and advisors to review your dental practice’s financial standing and prepare for the new year. From your most current financial statements, you can compare fluctuations in your...
Are you a recent dental school graduate? Do you have plans to take over an existing dental practice – one with an established client base, ideal location and new equipment? Taking over an existing practice allows you to start your career, in your own right, while...
You’re probably familiar with the term Ransomware and the financial toll it’s been taking on companies worldwide. One lesson that we continue to learn time and time again is that nobody is immune to this cyber threat – not even your dental practice. Instances of...
Anyone who pours their heart and soul into a business over an entire career, building lifelong relationships with those they serve, mastering a skill that can change peoples’ lives, has a hard time facing the thought of ending it for good. The notion of losing a...
Dental Practice Advisory & Transitions Firm Donates Over $4,000 To Charity In 2020 February 16, 2020 | Cleveland, OH -- PMA Practice Transitions, a regional practice advisory and transitions firm, announces that it has donated more than $4,000 to 9 local...
What to consider when selecting a financing option Whether you are a first-time dental practice owner or someone looking to expand, relocate or add an additional location; the options for financing today have never been this extensive. Understanding the different...
What are the considerations to think about when hiring a dental associate? In this day and age, more dental practice owners are thinking about hiring an associate to join their practice as they transition out of ownership. An associate may help the dental practice...
Best practices for formatting financial statements Did you know that there’s no “right way” to format or present your practice’s financial statement? It’s true, there are several approaches that dentists can take when crafting a financial statement. What’s most...
Why You Need More Than A Dental Broker If you are thinking about selling your dental practice your first phone call might be to a dental broker to start the initial discussions about the selling process. But before you pick up that phone let’s discuss the difference...