The Tale of Million Dollar Dental Practice That Made No Profit
CE Details: The format of this lecture is a recorded video webinar. This electronically delivered self-instructional program is designated for 1 hours of CE credit by Embrasure Space. AGD Subject Code: 550.
In this Webinar we will discuss everything you need to know when it comes to buying a practice. We will tackle tough questions that you might want to ask brokers, identify what to look for in a practice and also what red flags to avoid.
- How to value a dental practice for sale.
- Identifying red flags to avoid huge mistakes.
- VIP Nacho questions to ask brokers.
Dr. Paul Goodman is a graduate of the University of Pennsylvania School of Dental Medicine. Paul has been practicing dentistry for over 10 years and works with his brother in two locations in Mercer County, NJ. In addition to private practice, he teaches dental residents at Albert Einstein Medical Center as well as lectures to dentists on placing and restoring dental implants. Paul is also a part of the United Dental Brokers of America team. He has purchased three dental practices and is looking forward to sharing his personal experience with the transition process. He works well with retiring dentists in managing the expectation of their patients and team members during the transition process.
Bob Septak’s background is as a controller for a number of small to large companies over the past 25 years, in both the service and manufacturing sectors. He previously was part owner of a CPA firm and has been involved with various mergers and acquisitions throughout his career, which included his oversight of Orion Power Midwest’s $1.7 billion acquisition of Duquesne Lights power plants in April 2000. Bob is the President of United Dental Brokers of America where he specializes in Business Valuations and Business Brokering of Dental Practices. He earned an MBA from the Katz Graduate School of Business from the University of Pittsburgh.
Disclosures: The speakers declared no disclosures. This speakers nor any member of their families have a financial arrangement or affiliation with a corporate organization offering financial support for this continuing dental education program. The speakers have no financial arrangement with any product or service mentioned in this course.
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