Fr377 - Path to Practice Ownership
Date/Time: 3/17/2023 2:30 - 3:30 p.m.
Type: Lectures Handouts: No
Dentist Fee: $0.00 Other Fee: $0.00
Keyword(s): Finance
Practice Transitions
AGD Code: 550
Becoming a practice owner can be the most rewarding experience of your career, both personally and financially. We’ll help you develop strategies to make a successful jump from associate to owner of your first healthy dental practice.
Course objectives:
1. Understand what a lender looks for when qualifying a practice start-up or acquisition loan.
2. Explore the financing options available to oral surgeons today.
3. Understand the marketplace and how practices are valued.
4. Avoid first practice “pit-falls” and learn how planning early can lead to a successful practice.
5. Understand the financials of a practice and how to measure success.
6. Learn the key performance indicators practice owners track on a daily, weekly and monthly basis.
7. Identify the right time to become a business owner.
This course is provided by Bank of America Practice Solutions.