Our approach to the dental business is unmatched. We provide personal attention to clients, step-by-step support, with expert industry knowledge, to assist you in each aspect of your dentistry business. We provide support at each step of the process. Before we even look for a potential dentistry office, we determine proper strategy and suitability, which is custom designed for each dental professional based on individual needs.
OUR COMPLETE PROGRAM WHEN PURCHASING/STARTING A DENTAL PRACTICE:
SESSION 1: Setting Up a Dental Practice/Business
- Overview of the entire process of setting up a dental practice/business
- Introduction of our program and additional services
- Where to look for an office?
- Who should be on your team? How much do they cost and are they compensated?
- Due diligence and valuation
- Description of ideal practice
- What is the suitable office for YOU?
- Negotiation skills
- Practice ratios and benchmarking
- Action plan to get started
- Books to read
- Personal Financial Review
- Credit review
- Credit application
- Life and disability insurance
- Student loan repayments
- Discuss personal debt
- Discuss your personal financial statement
- Incorporation: tax and liability issue
- Accounting and employment law
- Business insurances
- Marketing plan and Digital Marketing
- Website and logo
- Search engines – Google and Bing
- Social Media and Blogs
- Analysis of three offices with limited information
- Preparing a buyer’s documents
- Curriculum vitae
SESSION 2: BASIC SKILLS TO SELECT AN OFFICE
- Review ten offices we might not want to buy
- Review three offices we might buy
SESSION 3: A SIMULATED PURCHASE
- Discuss one office specifically that we will probably buy
- Review of information sheet
- Review of documents
- Letter of intent
- Normalized profit and Loss
- What information should you review?
- Action plan
- Review of CPA report
- Review of practice consultant report
- Review of lease
- Review of Buy-Sell Agreement
- Digital review
As soon as you select an office, we will provide as much support and assistance you need. Our support continues during and after the transition to SUCCESSFULLY SET UP YOUR DENTISTRY BUSINESS!
We provide TWO HOURS OF FREE IN-PERSON CONSULTATION so that we may be able to understand your business needs and goals, and then customize solutions based on your best interests.
Call us today at 818-884-2549 and speak with Fazel Mostashari, Dental CPA, to learn how we can assist you in your dentistry business.