Waiting To Buy A Dental Practice is Costing You $14,000 Per Month

Waiting To Buy A Dental Practice is Costing You $14,000 Per Month

📋 Free Download: Practice Evaluation Checklist https://practiceown.com/pdf [https://practiceown.com/pdf] Waiting to buy a dental practice could be one of the most expensive decisions you ever make. In this video, I break down the real cost of staying at an associate job, why the most common excuses don't hold up, and how even being conservative, you're leaving $14,000 per month on the table by not becoming an owner. What we cover: - The $500,000 difference between my first and second year - Owner vs. associate income: $350K vs. $200K (conservative) - The $14,000/month opportunity cost of staying as an associate - Why you don't need more clinical experience to become an owner - Why "the timing isn't right" is never a valid excuse - Why paying off student loans first makes no financial sense - The trap of waiting for the perfect practice - Why fear of ownership is holding you back 💼 Work with me: I help dentists evaluate dental practices before they buy. Every practice I evaluate gets compared against my database of 500+ evaluations. https://practiceown.com [https://practiceown.com] 📬 Questions? Reach out directly: chris@practiceown.com [chris@practiceown.com] 0:00 Intro 0:21 My Story: $200K to $700K in One Year 1:11 Owner vs. Associate Income 3:00 The $14,000/Month Opportunity Cost 4:57 Excuse #1: I Need More Experience 6:10 Excuse #2: The Timing Isn't Right 7:14 Excuse #3: I Need to Pay Off Student Loans 9:35 Excuse #4: Waiting for the Perfect Practice 12:10 Excuse #5: I'm Just Afraid 13:30 Stop Waiting, Start Now

How This Dentist Saved $161,842 Buying A Practice

📋 Free Download: Practice Evaluation Checklist https://practiceown.com/pdf [https://practiceown.com/pdf] I recently helped a dentist save $161,000 on their dental practice acquisition. In this video, I walk through exactly how we did it, from negotiating $100,000 off the purchase price to saving over $60,000 on financing. When you're spending a million dollars, small decisions can make a massive difference. What we cover: - How we found the right practice after 3-4 months of looking - Why we offered $100K below asking price (and the seller accepted) - How time on market gives you negotiating power - Saving $60,000 by switching to the right bank - Why you should never just use one lender - A separate client who saved $500,000 on their purchase price - Why you need someone on your side during this process 💼 Work with me: I help dentists evaluate dental practices before they buy. Every practice I evaluate gets compared against my database of 500+ evaluations. https://practiceown.com [https://practiceown.com] 📬 Questions? Reach out directly: chris@practiceown.com [chris@practiceown.com] 0:00 Intro 0:21 How the Process Started 1:20 Looking at the Broker Packet 2:48 Local Market Knowledge and Fair Pricing 3:28 Offering $100K Below Asking Price 5:40 Saving $60K by Switching Banks 7:33 This Is Extremely Common 8:07 A Client Who Saved $500,000 9:22 Don't Do This Alone

If You Want Freedom, Become an Owner

📋 Free Download: Practice Evaluation Checklist https://practiceown.com/pdf [https://practiceown.com/pdf] The number one predictor of job satisfaction is autonomy. If you want freedom and control over your life as a dentist, you need to become an owner. In this video, I cover the four types of freedom you gain when you stop being an associate and start being the boss. What we cover: - Why autonomy is the #1 predictor of job satisfaction - Freedom to control your schedule (my 3-day work week) - Freedom to choose which patients and insurances you take - Freedom to take time off without asking permission - Freedom to build equity in a business you own - Why DSOs need you to stay as an associate - The real financial difference between owning and associating 💼 Work with me: I help dentists evaluate dental practices before they buy. Every practice I evaluate gets compared against my database of 500+ evaluations. https://practiceown.com [https://practiceown.com] 📬 Questions? Reach out directly: chris@practiceown.com [chris@practiceown.com] 0:00 Intro: Autonomy and Job Satisfaction 1:33 Freedom to Control Your Schedule 4:33 Freedom to Choose Your Patients 6:36 Freedom to Take Time Off 7:44 Freedom to Build Equity 9:41 It's Hard, But You Can Do It 11:00 Why DSOs Don't Want You to Become an Owner

Your Accountant Is Wrong About Dental Acquisitions

📋 Free Download: Practice Evaluation Checklist https://practiceown.com/pdf [https://practiceown.com/pdf] If you're buying a dental practice, be very careful about listening to advice from accountants. Accountants are great for taxes, but they don't understand how dental practices actually work. In this video, I break down why financial statements alone can't tell you if a practice is worth buying, and how the wrong advice can cost you hundreds of thousands of dollars. What we cover: - Why accountants don't understand dental practice acquisitions - The fundamental trap of assuming buyer production = seller production - Why "unprofitable" practices can be goldmines for buyers - How older sellers slow down and stop treatment planning - Using a 500-practice database to spot over-treatment red flags - Why the most profitable practices on paper can be the worst to buy - The danger of buying a practice with no patients 💼 Work with me: I help dentists evaluate dental practices before they buy. Every practice I evaluate gets compared against my database of 500+ evaluations. https://practiceown.com [https://practiceown.com] 📬 Questions? Reach out directly: chris@practiceown.com [chris@practiceown.com] 0:00 Intro 1:02 The Fundamental Trap: Seller vs. Buyer Production 2:28 Why Older Sellers Stop Treatment Planning 4:56 Goldmine vs. Overcrowded: Real Examples 5:32 The 500-Practice Database and Crown Ratios 6:09 Gross Negligence and Over-Treatment 7:27 Buying a Practice with No Patients 8:57 Key Takeaway

The Best Dental Practice To Buy

📋 Free Download: Practice Evaluation Checklist https://practiceown.com/pdf [https://practiceown.com/pdf] What type of dental practice should you actually buy? In this video, I break down exactly what makes a practice worth buying. The short answer: buy a practice with a lot of active patients where the seller's revenue per patient is as low as possible. That's where your growth opportunity is. What we cover: - Why two practices with identical financials can be completely different - How to calculate active recall patients (not the broker's inflated number) - Revenue per patient: the most important number - How conservative sellers create massive growth opportunities - The ideal number of hygienists, operatories, and patients - Why high revenue per patient can be a red flag - Associate vs. owner income comparison - Why you can't trust broker documents at face value 💼 Work with me: I help dentists evaluate dental practices before they buy. Every practice I evaluate gets compared against my database of 500+ evaluations. https://practiceown.com [https://practiceown.com] 📬 Questions? Reach out directly: chris@practiceown.com [chris@practiceown.com] 0:00 Intro 0:43 Two Practices, Same Revenue, Completely Different 1:48 Don't Trust Broker Patient Numbers 4:06 Revenue Per Patient: The Most Important Number 5:07 Conservative Sellers and Undiagnosed Dentistry 7:54 The Best Practice to Buy 9:09 The Perfect Practice for You 9:51 Hygienists, Operatories, and Patient Count 13:17 Summary