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The article offers information on why sellers need to take a cautious approach with a new dental aggregator. It mentions about a new dental aggregator that is marketing itself or approaching dental practices directly. It discusses the meaning of the selling a practice to an existing dental aggregator.

The article focuses on Confidentiality Agreement or Non-Disclosure Agreement (NDS) at some stage are a lot of misconceptions about these agreements, what they mean and if they're enforceable. Topics include the some of the frequently asked questions that arise from these agreements, and the business will almost never be completed without the buyer discussing information regarding the deal with spouses and advisers.

The article presents the unappreciated virtues of a blue-collar practice. Topics include the generally a greater need for more comprehensive treatment plans in lower socio-economic areas, giving dentists greater opportunity for work, and the main deciding factor for patients to take up a treatment plan is the communication skills of the clinician that presents the treatment plan, rather than the socio economics of the area.

The article offers information on how to protect yourself from a bad valuatioin. Topics icnlude the world leader in pain management, has always been at the forefront of dentistry, developing, manufacturing and distributing a wide range of high quality dental products all over the world, and the digital dentistry increasingly becomes the norm, the importance of protecting all the data your practice is continually accumulating cannot be understated.

The article presents an example of how a dental practice owner should structure a conversation with the team in telling them that the practice has been sold. It includes telling staff the reason behind the decision to sell, giving staff the information about the buyer, and reassuring staff that their jobs are secure under the new owner.

Hospital accident and emergency (A&E) units should develop treatment policies to clarify appropriate use of A&E resources. Some health professionals criticise inappropriate attendance. Publicising the strategy would guide the public. Independent nurse practitioners could attend to those needing routine care or reassurance.

The article focuses on how should potential buyers best spend their time when visiting a practice they are interested. Topics discussed include Good exposure to pedestrian and car traffic should be looked at as free advertising; and the transaction involves the vendor handing over his patients, staff and project that he has likely been working on for many years.

The article informs that Practice Sale Search has for sale in one of the state capitals, we have many buyers competing with each other to submit a winning bid. Topics include HUGE advantages to buying a practice outside of a capital city that are far too often overlooked; and practices in major cities are fighting tooth and nail for work, spending large amounts of money on marketing and advertising and offering loss leader services.

The article discusses that the people who best understand how to identify good practices for dental option and what they are worth are those who have looked at many practices, which gives a buyer an education in how to assess them. It mentions that the practice Sale Search regularly has ordinary practices that get more attention than they deserve from buyers, because they "fit a profile" and great practices with huge potential that get too little, because they do not.

The article discusses the aftermath of the COVID-19 pandemic and its implications for the value and the business aspects of dentistry. Topics discussed include impact on tangible and intangible assets in dental practice, the importance of a reliable dental practice during an economic crisis, and the impact on supply and demand for dental practices.

The article offers information on negotiation strategy. Topic include appreciation -a vendor who has owned and run a practice has nurtured and cared for the patients and staff; and keep the practice to high clinical standards and someone who takes their role and the trust of their patients seriously.

The article reports on work of dental practice business broker whose job is to represent the vendor's interests in business sale and get them the possible price and terms in transaction. Topics include considered that advisers ask for details of staff employment, the lease on the premises, details of major equipment and zoning permits.

The article focuses on buying stock in bulk and how excess stock can affect a dental practice sale. Topics discussed include reasons why a dental practice might buy far more stock than it needs in the short term, reasons this move becomes much more problematic in the final years of practice ownership, and suggestions when buying stock.

The article offers suggestions for dental practice vendors on how to act around patients when they are in the process of selling. It mentions that an unexpected delay in finalizing the deal could mean that these decisions can be significantly detrimental to the fortunes of the practice. It also mentions that don’t cancel electricity or other accounts the practice may have with suppliers until you have a firm unconditional transfer date.

The article offers suggestions for relationship-building with the community in order to create a goodwill and attracting new patients within a dental practice. Topics discussed include developing a sense of loyalty within the patients and the staff; trying to point out things that were done right by the previous dentist, to reinforce the patient's relationship with the practice; and don't implicate wrong-doing on the part of the previous dentist.

The article offers information on how auction of the bottle of The Macallan Fine and Rare whisky which become the most expensive bottle of wine or spirit teaches business exit planning. It mentions the maximize the flavors and value when making quality single malt whisky, the distiller needs to know how long to let it mature in the cask and when it should exit the cask for bottling.

The article presents answers to the questions on the advantages of delayed internal sale and problems with fallout.

The article focuses on the buy-in and buy-out practice planned and owned by the dentists, discussing the risk involved in the buying and selling of the equipment. It also informs on the quality of the equipment based on the mutual respect between the vendor and the dentist. The contractor and the vendor consider the points before making the negotiations which includes the price of the total production, paying for equipment to earn goodwill, and checking the loyalty of the patients.

The article discusses the psychological role played by competition in the sale of a dental practice. Topics covered include the use of the fear of missing out (F.o.M.O.) phenomenon in business negotiations, the prevalence of social proof in consumer behaviour and the need for a seller to project an attitude of willingness. Also mentioned is the need for a broker to take the effort and time burden off a vendor.

The article deals with dental practice merger as a way of expanding dental business. Topics discussed include the benefits of dental merger such as eliminating competitors, increasing market share and more chances of referrals, the advantages of a merger to a seller, and the fundamental elements for maximizing the benefits of a practice merger.

The article offers tips for a business owner or dentist assure to take advantage of alterations in 2013. It mentions that the practice that keeps reinvesting keeps the personal interest going, looking attractive for hiring staff and looking modern for patients. It states that dentists who were effective and early adopters of websites, the use of Facebook and email have reaped their curiosity's rewards.

The article discusses the four reasons why patient survey is crucial to the dental practice. It explains that anonymous surveys provide insight into the patient experience and offers ways to avoid negative online reviews. It also cites that survey allows patients to give staff objective negative and positive feedback which are crucial to maximize patient satisfaction and retention in the practice.

The article presents information about qualities to look for in a good graduate dentist. It is noted that good graduate dentists are not eager to be dependent. It is asserted that graduate dentists need guidance when it comes to relationships with staff members, patients and their clinical skills. Also discussed is the concept of mentoring and supervision.

The article discusses the aspects of emotional component in dentistry. It mentions several factors based on emotion for growing dentistry business such as saying no to valued relationships with staff and patients and financial and aesthetic observation of life's work. It also discusses decision-making difficulty in owner-operator going through emotions.

The article discusses the case of an unlicensed backyard dental practice which had operated in Victoria. Topics covered include the complaints made by patients of the dentist such as substandard dentistry, the need for business brokers for a license in order to operate legally and the requirements for businesses to be properly licensed. Also mentioned are the reasonable standards in Australia when it comes to qualifications and licensing.

The article offers advice to dental practice owners on post retirement planning. It outlines the advantages of selling a dental practice before retiring that include maximizing return on asset, spending professional hours doing dentistry, fading into retirement at a comfortable pace, and use of dental skills for valuable projects or charities.

The article offers suggestions for selling of dental practices and offers suggestions for reinvestment in a dental practice. Topics discussed include selling of practices for close to the peak of its value, ensuring proper care of equipments such as dental chair and cabinets, and avoiding installation of new technologies to control the cost factor.

The article discusses the symptoms of Dental Practice Fatigue (DPF) and suggests action items that may prevent the deterioration of the practice. Symptoms include giving patients just what they ask for, lack of re-investment and spending less time working. Suggested measures include continuing education, hiring a dentist or hygienist and re-investing in decor or technology. A dentist may also sell the practice and work for the new owners as a way of reducing stress and easing into retirement.

The article offers tips on how a dentist may end his practice. One option is for the dentist to sell his practice and work for the buyer as an employee, while another option is to sell and leave the practice. Selling equity in phases is another option which has benefits for both the seller and the buyer. Other options mentioned are delayed sell, merger sale, and distressed sale.

The article offers information on termination issues in employee/contractor agreements in Australia which are dentist-specific. It states that many dental practices will retain money over a certain period after the dentist has left the practice to account for redos. It notes that some practices allot all of the receipts to whichever dentist was working when the receipts came in. It mentions that if all the money comes in at the end then the dentist who finishes the work gets it all.

The article discusses various approaches of handling accounts receivables issues in the context of an agreement to purchase a dental practice. The entry notes the situation of a retiring dentist who sold his dental practice with uncollected accounts amounting to 50,000 dollars from patients. The section explains different options that the seller of the practice can apply, including letting the buyer of the practice agree to purchase the accounts receivable, and assigning the buyer to be the collecting agent of the seller.

The article discusses the advantages for the dental practitioner of investing in new equipment or redesigning his facility during an economic crisis. The authors assert that modernization and aesthetics can increase profits by renewing the pride and passion of the practitioner and his staff for the practice and help create opportunities to get and retain patients. They add that it is best to invest money back into the business of dental practice since there is a lack of investment alternatives during an economic crisis.

The article discusses the risks that should be considered by a dentist when he takes a leave and closes his practice or decides to have a temporary replacement in the form of a locum or dentist friend. A dentist should remember that he will continue to incur fixed costs, such as rent of the facility and wages of staff, if he takes a leave and decides to close his practice. When a dentist considers a temporary replacement, it may affect the practice's reputation and his relationship with his patients.

The article describes the advantages of a practice management software in the dental practice. According to the article, it can help with analysis of practice information. It also mentions the importance of having a practice commitment to the training of staff about the software. It lists useful Key Performance Indicators (KPI's) that can help point to room for improvement in the skills and systems of a practice including collection percentage and clinician hours scheduled.

The article discusses the false sense of excellence suffered by a large percentage of dental practices in Australia when it comes to their service levels. It cites the need for a few patient leaks of the profession as possible to run a successful practice. Some of the factors that trigger patient leaks in a practice including difficulty in getting an appointment, poor empathy and rapport building and poor aesthetics and comfort levels of their waiting room are outlined.

The article looks at the rising trend of passive income practice in dentistry profession. Some years ago after finishing dental school, practice ownership was the goal before dentists. However, now dentists prefer to work with other dentists that own several practices or non-dentists that own several dental practices; practice management training, use of IT for accessibility and quality assurance have given dentists business opportunities that would have never been possible before.

The article discusses how getting patients to come in for regular dental appointments is one of the biggest challenges faced by a dental practice. The main reason responsible for patients not coming in for an appointment is their perceived lack of importance regarding the visit. Three reasons that can help to effectively lead to a dental visit include the potential effects of untreated gums on their overall health, avoiding a dental emergency, and early detection of oral cancers.

The article discusses various strategies to maximize the sale of an ongoing practice. It states that profitability of the practice, outlook for that profitability into the future, and patient stability and security are some of the most crucial things for a buyer to consider. Factors to be considered include track record, strong staff retention, restriction of trade and letter of recommendation.

The author discusses the key aspects that need to be kept in mind by heads of dental practices when deciding to recruit dentists or trying to sell a dental practice. He suggests that the best way would be to advertise the position in the popular places where dentists would look and ask for referrals, thus making an informed decision. With regards to selling one's practice, he states that the best option would be to have several buyers interested in the practice, thus making it more competitive.

The author comments on the downsides with the use of the rule of thumb as a method to value dental practices. He explains that the common rules of thumb in dental practices is that a practice is worth 30-50% of gross for goodwill, plus the value of the equipment or approximately 60% of the gross turnover of the practice. He argues that it is wrong to rely on the method because for one, an average may not be a very representative of individual transactions.

The article explains why dentists find it difficult to delegate the myriad tasks they do on their own such as marketing, ordering of supplies and equipment maintenance to another practice team member and focus instead on dental practice. It says that dentists have a hard time understanding that each task that can be delegated can mean more focus on the patient's treatment. It advises dentists to determine the tasks they should not be doing, look for someone qualified to do those tasks and choose four qualities around which recruitment could be done.

The article offers profiles of dentists who are required to obtain registrations in multiple Australian states. Volunteer dentists, backpacking dentists and dentists who live near state boarders are examples of professionals who should register in multiple states. In July 2010, a national Dental Board of Australia is scheduled to replace individual state boards.

The article focuses on the End-of-Life-Vehicle (ELV) industry, which needs to be more proactive and communicate with the automotive sector. It is said that the difficulty in gaining access to vehicle components, particularly shock absorbers, should be addressed to comply with depollution legislation. Due to the designs used by car makers, five to ten percent of shock absorber will not be drained properly. It is said that if the cars were designed considering the recycling process, access could be easier for Authorised Treatment Facilities (ATFs) to improve on their recovery rates. The removal of engine coolant is an example of poor access since harmful fluids are not safely removed.