Ownership

- How to determine if ownership is for you, different types of ownership, the benefits and the drawbacks of business ownership, and alternatives ways to make money in dentistry without actually owning a dental business.

- The different options to get into the Dental Business.

  • Working as an associate- Pay structures, Work environments, Negotiating a contract, Standing out from other applicants in a tight market.
  • Starting a practice from scratch- How to evaluate potential locations and all the steps required before opening day.
  • Purchasing or buying into an existing practice- What to expect and how to evaluate an opportunity.

Location

- How to evaluate possible locations of a dental business, the key advantages and drawbacks to each type of location, and the different costs and tax ramifications associated with each.

Financing

- The nuts and bolts of Financing your Dental Business.

  • Learn about the different types of financing, and the different requirements, terms and characteristics that will affect your Business.
  • Understand the history of Dental/Health Care Financing, how it has adapted in the past and how it may adapt in the future.
  • Learn the concepts you need to understand, and the factors in your personal life that will affect your eligibility to obtain a loan.

Business Models

- The Different Business Models for dental businesses, and how each is affected by the economy, technology, and demographics. Learn how to determine the model that is right for your dental business.

Marketing

- How to effectively market your dental business, and how to evaluate the effectiveness of your marketing. Avoid the mistakes that can cause failure in your dental business. Learn to have marketing success in any economic climate, and in any demographic.

Patient Insurance

- How to work with patient insurances, how to evaluate which to accept, how to establish the highest contracted fees.

  • Learn about working with insurance patients, insurance processing, and the games insurance companies play.
  • How to get maximum marketing effectiveness from your contracted insurances.

Business and Personal Insurance

- Business and Personal Insurance requirements, from malpractice to Life Insurance and everything in between.

Office Systems

- Learn the office systems you need to understand and implement in your dental business such as:

  • New Patient Experience
  • Treatment Planning
  • Treatment Planning follow-up
  • Financial Arrangements
  • Scheduling Recall/Recare
  • Reactivation
  • Financial Tracking/collecting
  • Interacting with Insurance Companies
  • Patient Tracking

Staffing

- Learn how to properly staff your dental business, what to look for when hiring, how to train, motivate, and incentivize your staff to perform most effectively for your dental business.

Corporations

- The history of corporations, why you need one now (even if you are still in Dental School), how to set one up, the basics of corporate tax filing, and how to keep your corporation in good standing.

P & L

- What is a P&L, how to read one, and how to use one to make the necessary changes and adjustments to improve your Dental Business.

Taxes and CPAs

- How to understand taxes from a business owner’s perspective, how to determine if you should hire a CPA and how to evaluate them if you do – all CPAs are not created equal.

Retirement Planning

- Planning for retirement. How to get the most from your dental career and your dental business. Learn how to leverage your business for lower taxes, higher return on investment, and the lifestyle you want both before and after retirement.

And much more!