How to Buy a Dental Practice Volume 1 – Second Edition by Brian Hanks – Book Review

As you explore the possibility of ownership, this book is probably the single best resource available for dentists interested in purchasing a practice. Buying a business is a complicated transaction and doing it by yourself is ill-advised. This book highlights the importance of assembling a competent team to assist in the acquisition. Regarding your team, you’ll learn why the only advisors...

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The last two weeks have brought many changes to student loans. I have delayed publishing any information regarding these changes because the details of a policy was yet to be defined. COVID-19 has interrupted our lives and the dental profession has many unanswered questions regarding how we will move forward during and after this crisis. Many readers are aware that student loans held by the...

Dental Blogs Worth Reading in 2019

I believe blogs are powerful tools, and we would all benefit from writing one. I began writing at OneLooseTooth.com in 2013, and it has resulted in several opportunities that I would not have had a chance to pursue otherwise. Before One Loose Tooth, I was writing as the Engaging Dentist (a site I deleted while in dental school). In 2014, 2015, and 2016, I compiled a list of the best dental...

The Practice Whisperer Book Review

There are very few books published by practicing dentists about dental practice management. In 2019, Dr. Travis Campbell published his first book titled The Practice Whisperer. His goal in “writing this book was to help others avoid similar mistakes and learn ways to grow professionally”. Dr. Campbell graduated from Baylor College of Dentistry in 2009, and opened a dental...

Should You Buy a Home or a Dental Practice First

It is typically recommended to delay home ownership until after a practice purchase because the practice generates income, while the home does not. Furthermore, ownership of a person’s primary residency is often more of an emotional transaction (it is a lifestyle decision) as opposed to a financial one. With this in mind, it is often wiser to purchase a practice before purchasing a home...

Another Orthodontist with 1 Million Dollars in Student Loans

Deciding to become an orthodontist is an expensive commitment. We have already learned about Mike Meru (the first orthodontist to be highlighted for his outrageous student loan burden by the Wall Street Journal). Some interesting conclusions have been drawn from Mike’s student loans and Business Insider does a good job of explaining why dentists, doctors, and lawyers are no longer that...