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Never Buy This Type of Dental Practice
Description
π Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf
π Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8
π Email me at: chris@practiceown.com
π Website: https://www.practiceown.com
π Timestamps:
0:00 - Profit can be misleading.
2:13 - Dental practices are different.
5:05 - If revenue goes down.
6:21 - How many patients you need.
7:02 - 2 metrics determine revenue.
10:12 - Patients are the fuel.
12:55 - What accountants and bankers get wrong.
15:05 - "Active Patients"
18:09 - The most important document you need.
20:52 - The most important number to calculate.
24:40 - If you buy the right practice, life is easy.
27:49 - Don't buy a practice just because it was profitable.