A complete, step-by-step overview of how to buy a dental practice in 2026. From saving your emergency fund to finding practices, negotiating the price, securing financing, and closing the deal. If you're a dentist thinking about ownership, this is the video to watch first.

What we cover:

- How much you need saved before buying (5-10% of purchase price)

- Why there's no "Zillow" for dental practices

- How practice brokers work (and their incentives)

- Why 80% of practices on the market aren't worth buying

- How to negotiate the purchase price

- The truth about practice valuations and "multiples"

- How banks decide how much to lend

- Comparing loan offers and avoiding bad terms

- Due diligence and verification

- The "death spiral" of buying a practice without enough patients

- Why now is the best time to buy

💼 Work with me: I help dentists evaluate dental practices before they buy. Every practice I evaluate gets compared against my database of 500+ evaluations.

https://practiceown.com

📬 Questions? Reach out directly: chris@practiceown.com

0:00 Intro

0:10 Step 1: Save Your Emergency Fund

1:53 Step 2: Find a Practice to Buy

5:17 What Brokers Will Show You First

7:40 Evaluating the Broker Packet

10:12 Step 3: Negotiate the Purchase Price

17:24 Step 4: Due Diligence and Verification

18:56 Step 5: Secure Your Loan

21:54 Other Steps Before Closing

25:01 The "Death Spiral" of Not Enough Patients

28:35 Growth Opportunity vs. Obligation

30:15 Wrap-Up

What type of dental practice should you actually buy? In this video, I break down exactly what makes a practice worth buying. The short answer: buy a practice with a lot of active patients where the seller's revenue per patient is as low as possible. That's where your growth opportunity is.

What we cover:

- Why two practices with identical financials can be completely different

- How to calculate active recall patients (not the broker's inflated number)

- Revenue per patient: the most important number

- How conservative sellers create massive growth opportunities

- The ideal number of hygienists, operatories, and patients

- Why high revenue per patient can be a red flag

- Associate vs. owner income comparison

- Why you can't trust broker documents at face value

💼 Work with me: I help dentists evaluate dental practices before they buy. Every practice I evaluate gets compared against my database of 500+ evaluations.

https://practiceown.com

📬 Questions? Reach out directly: chris@practiceown.com

0:00 Intro

0:43 Two Practices, Same Revenue, Completely Different

1:48 Don't Trust Broker Patient Numbers

4:06 Revenue Per Patient: The Most Important Number

5:07 Conservative Sellers and Undiagnosed Dentistry

7:54 The Best Practice to Buy

9:09 The Perfect Practice for You

9:51 Hygienists, Operatories, and Patient Count

13:17 Summary

Waiting to buy a dental practice could be one of the most expensive decisions you ever make. In this video, I break down the real cost of staying at an associate job, why the most common excuses don't hold up, and how even being conservative, you're leaving $14,000 per month on the table by not becoming an owner.

What we cover:

- The $500,000 difference between my first and second year

- Owner vs. associate income: $350K vs. $200K (conservative)

- The $14,000/month opportunity cost of staying as an associate

- Why you don't need more clinical experience to become an owner

- Why "the timing isn't right" is never a valid excuse

- Why paying off student loans first makes no financial sense

- The trap of waiting for the perfect practice

- Why fear of ownership is holding you back

💼 Work with me: I help dentists evaluate dental practices before they buy. Every practice I evaluate gets compared against my database of 500+ evaluations.

https://practiceown.com

📬 Questions? Reach out directly: chris@practiceown.com

0:00 Intro

0:21 My Story: $200K to $700K in One Year

1:11 Owner vs. Associate Income

3:00 The $14,000/Month Opportunity Cost

4:57 Excuse #1: I Need More Experience

6:10 Excuse #2: The Timing Isn't Right

7:14 Excuse #3: I Need to Pay Off Student Loans

9:35 Excuse #4: Waiting for the Perfect Practice

12:10 Excuse #5: I'm Just Afraid

13:30 Stop Waiting, Start Now

The Bureau of Labor Statistics says the median dentist makes $179,000 per year. I have looked at the profit and loss statements and tax returns of over 500 dental practices that sold in the last two years, and the real median owner income is $351,000. In this video I show you the actual numbers, the full distribution, and why the government figure is so misleading.

What we cover:

- Why the BLS number of $179,000 doesn't reflect what owners take home

- The real median owner income: $351,000 across 500+ practices

- The full income distribution, from under $200K to $600K+

- The percentiles: 25th ($200K), median ($351K), 75th ($482K), 90th ($722K)

- Why the 90th percentile is more reachable than you think

- Salary vs. owner distributions, and why the tax return hides your real pay

- What owners actually keep: 32.9% of collections

- Why owners report $120K in income but take home closer to $350K

- Why owners work less than associates and still make more

- What happens when you add an associate and part-time specialists

- Why the median is probably understated by $200,000

💼 Work with me: I help dentists evaluate dental practices before they buy. Every practice I evaluate gets compared against my database of 500+ evaluations.

https://practiceown.com

📬 Questions? Reach out directly: chris@practiceown.com

0:00 The BLS Says Dentists Make $179,000

0:20 Where This Data Comes From (500 Practices)

0:56 How Dentist Income Changes Over a Career

1:49 Being Honest About the Data

2:29 The Real Median Owner Income: $351,000

2:58 The Full Income Distribution

3:57 The Percentiles: 25th, Median, 75th, 90th

4:30 Why the 90th Percentile Is Easier Than You Think

5:49 Why the BLS Number Is Misleading

7:17 What Owners Actually Keep: 32.9% of Collections

8:03 Reported Income vs. Actual Take-Home Pay

8:34 Owners Work Less Than Associates and Make More

9:53 Adding Associates and Specialists

10:52 Why the Median Is Probably Understated

11:28 Buy the Right Practice

How long does it take to buy a dental practice? It's one of the most common questions I get, and most dentists go in with the wrong expectation. In this episode I break down both phases step by step, and I show you why rushing either one is the most expensive mistake you can make.

What we cover:

- The two phases of an acquisition, split at the letter of intent

- Median time to find the right practice: 4 months (some take weeks, some take years)

- Why your search radius is the single biggest factor in your timeline

- Why dental brokers don't split commissions like realtors, and what that means for you

- Why brokers send you their worst listings first

- 84% of the 500 practices I've reviewed were not worth buying

- Why every professional in the deal is paid to close fast, not to close well

- LOI negotiation: typically 2 to 3 weeks of back and forth

- Due diligence: 3 to 4 weeks, including a second in-person site visit

- The site visit where I told a client to walk away, and the practice he found 3 weeks later paid 2 to 3 times more

- Financing: about 3 months total, and why you need more than one bank

- When to hire your attorney, and how the wrong one adds months

- How a landlord can kill a deal days before closing

- When to give notice at your associate job, and why you should never sign a 90-day notice

- Why you need weeks off between leaving your job and taking over the practice

💼 Work with me: I help dentists evaluate dental practices before they buy. Every practice I evaluate gets compared against my database of 500+ evaluations.

https://practiceown.com

📬 Questions? Reach out directly: chris@practiceown.com

0:00 The Two Phases, And Where Your Search Starts

4:23 Practice Brokers And What They Show You

7:09 How Long The Search Really Takes

7:54 Phase 2: Signing The Letter Of Intent

9:20 Due Diligence And The Site Visit

12:44 Financing, Attorneys, And The Lease

18:40 When To Leave Your Associate Job

23:11 The Total Timeline

Was becoming a dentist worth it? If you had asked me during my first year out of dental school, my honest answer would have been no. In this episode I tell the whole story: why I chose dentistry over accounting, what associate life was really like, the practice I bought that turned out to be a serious mistake, and how ownership completely changed my answer. If you are not yet a dentist, this is the story I wish I had heard before dental school. If you already are one, it might change what you do next.

What we cover:

- The three criteria I judged every career on: lifestyle, pay, and a realistic path to ownership

- Why I dropped accounting for dentistry after one microeconomics class

- The associate job that moved me to a pediatric Medicaid office I never signed up for, with 5:30 a.m. starts nobody would fix

- Two friends, one startup and one acquisition, and how different they looked one year in

- The practice that collected about $1 million the year before I bought it for about $300,000

- The $300 crowns that revealed I had bought an office running on HMO plans

- Dropping the HMO plans on day one, losing 80% of the patients, and laying off half the staff

- Making about $700,000 my first year as an owner, more than triple my associate pay

- Selling that practice for more than double what I paid for it

- The client who collected over $2 million his first year of ownership and kept about half as profit

💼 Work with me: I help dentists evaluate dental practices before they buy. Every practice I evaluate gets compared against my database of 500+ evaluations.

https://practiceown.com

📬 Questions? Reach out directly: chris@practiceown.com

0:00 The Story I Wish I'd Heard Before Dental School

0:47 Choosing A Career At 19

5:28 The Associate Years

8:20 Finding My First Practice

12:51 My First Day As An Owner

15:34 The Turnaround

18:38 How This Turned Into A Business

20:54 The Verdict

If you are a dentist thinking about buying a practice, you have heard most of these. Some come from the people who employ you, some from other dentists, and some you tell yourself. In this episode I go through the seven lies I hear most often about becoming a practice owner and explain what is actually true, using what I see every week evaluating practices for buyers.

What we cover:

- Why being an owner is not automatically better than being an associate, and when it is worse

- A startup gaining 200 patients a year and losing 50 takes about 10 years to reach the 1,500 patients a profitable practice needs

- The failed startups that show up on the market two or three years later, and why buyers should walk past them

- I bought my practice one year out of school and made about $700,000 my first year, mistakes included

- Why the bank looks at your $100 monthly student loan payment and not the $800,000 balance

- The $50,000 to $100,000 cushion banks want to see, and why you can start looking before you have it

- Two practices that both collect $1,000,000 and both profit $500,000, and why one is far easier to buy

- $500 per patient versus $2,000 per patient, and what that means for every hygiene visit

- How AI nearly cost me $15,000 on my own taxes, and why I would not let it evaluate a practice

- Why a $2,000 fee-for-service crown instead of a $750 in-network crown only works if the patients stay for you

- Why the hygienists are the most important people in the office you are buying, and how many you want

- What ownership has meant for the dentists I know, including one who passed $1,000,000 in his first year

💼 Work with me: I help dentists evaluate dental practices before they buy. Every practice I evaluate gets compared against my database of 500+ evaluations.

https://practiceown.com

📬 Questions? Reach out directly: chris@practiceown.com

0:00 Seven Lies About Becoming An Owner

0:23 Is Ownership Better Than Being An Associate?

2:15 Should You Just Do A Startup?

7:46 Do You Need More Experience First?

10:35 Student Loans, Savings, And What The Bank Checks

15:00 The Most Profitable Practice You Can Find

20:12 Is Fee For Service The Best Practice To Buy?

26:11 Are The Patients Yours Once You Buy?

A dentist recently reached out to me after signing a letter of intent on a practice they were no longer sure about. They were worried they were locked in. In this episode I read through a sample dental practice letter of intent section by section and explain what it actually commits you to, what you can walk away from, and the one section most buyers skip that really is binding.

What we cover:

- Why the LOI is not the purchase contract: the asset purchase agreement comes later

- What a letter of intent is really for: putting your terms in front of the seller before due diligence starts

- Attorneys will draft your LOI, but most will not tell you what to offer or what the practice is worth

- Purchase price allocations: why you want more in equipment and the seller wants more in goodwill

- Most dental deals are asset purchases, and accounts receivable is always up for negotiation

- The earnest money deposit is falling out of favor, and why brokers are quietly discouraging it

- If you gave no deposit, you can usually walk away at any point with no consequence

- The lease contingency, and the deals I have watched die because the landlord said no

- Why the 30 to 60 day due diligence window only really matters if you gave a deposit

- Exclusivity, confidentiality and ordinary course: the provisions that stay binding even after you back out

- Everyone in the process gets paid when you close, so nobody else is going to tell you to walk away

- Overpay by $200,000 and you may not be able to sell your way back out

💼 Work with me: I help dentists evaluate dental practices before they buy. Every practice I evaluate gets compared against my database of 500+ evaluations.

https://practiceown.com

📬 Questions? Reach out directly: chris@practiceown.com

0:00 A Dentist Who Wanted To Back Out

0:53 What A Letter Of Intent Actually Is

2:33 Due Diligence And Going In Person

3:24 Purchase Price And Allocations

4:30 The Earnest Money Deposit

6:06 Lease, Due Diligence Window And Closing Conditions

8:35 The Provisions That Are Still Binding

10:07 Why Everyone Wants You To Close

I recently crossed 500 dental practice evaluations. In this video, I'm sharing the biggest lessons I've learned helping dentists buy practices over the last few years.

If you're thinking about buying a dental practice, these are the things you should know before looking.

What we cover:

Why 80% of practices on the market aren't worth buying

The one number that matters more than revenue

How to instantly tell if a practice has enough patients

Red flags about why the seller is really selling

Where the real growth opportunities are hiding

Why low payroll is actually a warning sign

Why location matters way less than you think

How to know if you can actually afford a practice

💼 Work with me: I help dentists evaluate dental practices before they buy. Every practice I evaluate gets compared against my database of 500+ evaluations.

https://practiceown.com

📬 Questions? Reach out directly: chris@practiceown.com

0:00 Intro

0:20 1. 80% of Practices Are Not Worth Buying

5:35 2. Revenue Per Patient Is the Most Important Number

10:07 3. Count the Hygienists

16:00 4. Why Is the Seller Selling?

21:46 5. Procedures and Growth Opportunities

25:25 6. Be Careful About Payroll

29:00 7. Location Matters Less Than You Think

31:41 8. Price vs. Affordability

37:26 Wrap-Up

🔔 Learn More About Our Services: https://practiceown.com

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

0:00 The Associate's Core Dilemma

0:44 Understanding Associate Earnings

2:03 Same Work, Double Income

3:07 Financial Impact of Associate Status

4:14 The Cost of Waiting

5:40 Growing Income Gap

7:19 The Sunk Cost Fallacy

9:02 Overcoming Loss Aversion & Negativity Bias

12:01 Status Quo Bias

14:38 Why 2026 is the Prime Time for Practice Ownership

16:41 The Power of Early Ownership

18:26 The Ultimate Decision

🔔 Learn More About Our Services: https://practiceown.com

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

0:00 Buying the Right Dental Practice

1:06 Low Number of New Patients

2:07 Low Active Recall Patients

4:04 Emergency-Driven Patient Mix

5:39 Low Number of Hygienists

7:23 Poor Location

9:53 Seller Over-Diagnosing Crowns

13:00 High Number of Specialty Procedures

15:36 Low Pro Fees & Potential Perio Over-Diagnosis

17:04 Seller's Revenue Per Patient is Too High

19:18 Family Members on Staff

22:21 Low-Paying Insurance Plans

24:21 Seller's Unclear Retirement Plans

28:05 Unfavorable Lease Terms

29:01 Unrealistic Asking Price

🔔 Learn More About Our Services: https://practiceown.com

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

0:00 Why Most Dental Practice Evaluations Are Wrong

2:39 Where Real Value in a Practice Actually Comes From

3:35 Why You Must Define Your Goals Before Buying

6:04 Owner vs Associate: Money, Freedom, and Tradeoffs

7:14 How Dental Brokers Really Work (And Who They Serve)

10:11 Why Accountants Alone Can’t Evaluate a Practice

12:29 How to Evaluate the Right Practice for You

19:01 The One Question That Decides Everything

In this video, I explain why some dentists stay stuck around $120,000 per year while others earn $800,000+ and what actually separates the two.

🔔 Learn More About Our Services: https://practiceown.com

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

0:00 The Dentist Income Gap Explained

1:45 Why Dentist Income Is Right-Skewed (Not a Bell Curve)

3:35 The Two Drivers of Dentist Income: Collections vs. Leverage

7:29 How Different Dentist Jobs Stack Up (Associate, Corporate, Medicaid)

12:03 Ownership Paths: Startup vs. Small vs. Large Practices

15:45 How Dentists Reach $500K–$1M+ (and Beyond)

18:45 Buying the Right Practice: Risks, Growth, and Strategy

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

0:00 How Many Patients Do You Need?

0:41 Defining "Profitable"

1:58 Production Per Patient

2:44 Don’t Trust Practice Brokers

4:36 Defining an Active Patient

5:07 Three Ways to Calculate Active Patients

8:04 Dental Practice Expenses

9:01 Doing the Math

9:39 Buying the Best Possible Practice

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

Chapters:

Intro 00:00

I just had a call with a dentist. 00:22

They are not doing well. 03:06

Practice ownership is awesome. 5:17

You can leave your associate job at any time. 06:04

The big risk for dentists. 07:01

The most important decision. 08:22

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

Timestamps:

00:00 Buying the Right Dental Practice

01:42 Understanding the Seller's Plans Post-Closing

06:08 Seller's Expectations for Purchase Price

10:05 Number of Active Recall Patients

18:55 Yearly Production per Patient

22:34 Seller's Treatment Plan Style

24:54 Specialty Procedures

28:14 Expenses and Overhead

31:17 Dental Office Physical Space and Equipment

36:45 Market Dynamics and Demographics

38:46 Net Income

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

00:00 new owner

01:17 the first practice evaluation

02:20 seller out of network

07:38 calculating buyer's expected revenue

08:51 take your time, do this right

09:43 accountants don't always understand dental transitions

10:35 finding more practices for sale

12:23 the perfect practice

13:34 letter of intent

14:57 how long does it take?

15:16 getting a loan to buy a practice

17:27 hiring a lawyer

18:13 everything else

19:35 is it worth it?

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

0:00 Finding a dental practice to buy

0:52 Understanding the market

3:41 Finding practice brokers

5:14 How long does it take?

6:53 Buying the right practice

9:49 Finding practices off-market

12:47 Protecting yourself as a buyer

14:12 How to properly utilize an accountant

15:29 How much should I pay?

18:09 What really matters?

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

0:00 Massive student loan changes ahead

0:36 Cost of dental school today

1:38 The rise of unlimited Grad PLUS loans

2:31 Explosion of new dental schools

3:14 Why $200K won’t cover the cost

4:00 Limited options for students

5:20 The risks of private student loans

7:25 Practice ownership and repayment strategies

9:15 How this affects current dentists

11:30 The DSO advantage and associate trap

13:55 Final thoughts: why timing matters now

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

00:00 Choosing the Right Practice

00:49 Practice Overview & Metrics

01:47 Net Income Comparison

03:17 Before You Buy

04:42 Patient Recall & Production

06:07 Active Patient Count

07:38 What You're Really Buying

09:26 Fillings, Crowns & Growth

12:30 Implants, Dentures & Opportunity

13:24 Preventative Care Indicators

15:16 Projected Income Differences

15:51 Payroll, Rent & Loan

20:28 Calculating Net Income

26:25 Seller Revenue per Patient

27:46 Make the Right Choice

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

00:00 House or Practice First?

01:21 House Before Practice Mistakes

03:51 Why Renting Can Be Smarter

06:06 Housing Costs vs Earnings

08:26 Mortgage vs Rent Flexibility

13:40 Mortgage After Practice

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

00:00 The Path to Dental Practice Ownership

00:37 Risk #1: Understanding the Upfront Costs

02:15 Risk #2: Leaving the Security of an Associate Job

05:02 Risk #3: Navigating Staffing Challenges and Theft

08:24 Risk #4: The Owner's Responsibility for Repairs

09:40 Risk #5: The Emotional and Mental Load of Ownership

11:46 Risk #6: The Possibility of Going Out of Business

14:11 Risk #7: Avoiding the Low-Income Death Trap

19:13 The Advantages of Practice Ownership vs. Being an Associate

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

00:00 Ownership Benefits

00:27 First-Year Challenges

03:08 Avoid Big Changes

06:30 Hiring Right

08:50 Insurance Issues

14:51 Delegate Tasks

17:06 Money Decisions

22:08 Handle Stress

24:38 Building Wealth

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

0:00 Future of Dentistry 00:49 3 Big Changes Coming to Dentistry 01:12 AI in Diagnostics 05:55 AI in Practice Management 07:41 AI in Front Office Automation 10:31 Robotics in Dentistry 17:13 Shifting Dental Business Models 20:36 Tech Advantages for Small Offices 24:35 Navigating Insurance Reimbursement Changes 26:17 A Bright Future for Tech-Savvy Owners

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

00:00 Should You Buy a Dental Practice Right After School?

00:29 Introduction to Chris, the Practice Acquisition Expert

00:45 Addressing a Dentist's Concerns About Buying Early

01:27 Is Practice Ownership Right for Every Dentist?

02:03 The Simplicity of Practice Ownership Compared to Dental School

02:47 Financial Overview of First Year After Dental School

03:51 Pitfalls of Buying the Wrong Practice

04:37 Financing a Dental Practice Acquisition

06:14 Acquisition vs. Startup: The Clear Winner

06:48 The Experience of Being a Young Practice Owner

07:30 How Ownership Impacts Patient and Staff Interactions

08:45 Navigating the Excitement and Stress of Early Ownership

10:41 The Long-Term Benefits of Ownership: More Money and Freedom

12:04 Clinical Readiness: Are You Skilled Enough to Own a Practice?

13:44 Achieving Financial Freedom and Hobbies Through Ownership

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

🕠 Timestamps:

00:00 - Understanding Seller vs. Buyer Profit

03:50 - Estimating Your Income as a Buyer

05:08 - What is Buyer Profitability?

13:10 - Buyer Profitability Formula Explained

24:47 - Calculating Loan Payments

28:00 - Who to Trust for Financial Advice

40:02 - Common Mistakes to Avoid

44:20 - Questions

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

🕠 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.

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

🕠 Timestamps:

0:00 - Option 1: Working for Someone Else

2:55 - Challenges of Working as an Associate

6:13 - Option 2: Work For Yourself

8:00 - Half Your Time Spent Working

9:20 - Giving up 3.2M

12:54 - Option 3: Hire an Associate

16:33 - Owning Your Practice is The Key

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

Video Version: https://youtu.be/dcNi3sacsIg

🕠 Timestamps: 0:00 - A Tale of 2 Dentists 0:46 - 70k vs 700k 2:50 - Gender Pay Gap 4:18 - Students Loans 5:17 - Owners Make Income From Others 6:54 - Owners Keep A Higher Percentage 9:24 - Owners Get Better Patients 12:01- Owners Can Customize Their Schedules 14:35 - Tax Advantages 15:13 - Equity 16:16 - Building Up The Courage 18:28 - Now Is The Time

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

🕠 Timestamps:

0:00 - First Thing To Look At

0:49 - Comparing 2 Practices

2:26 - Production By Procedure Report

3:11- Periodic Exams

4:50 - Active Patients

6:19 - Overproduction By The Seller

9:29 - Production Per Patient

12:00 - Be Careful Who You Listen To

14:17 - Summary

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf 🔔

 📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com 

🌍 Website: https://www.practiceown.com

🔔 Download the Free Practice Evaluation Worksheet: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

🕠 Timestamps:

0:00 - dentists can work anywhere

1:00 - map showing state population / number of dentists

2:43 - dentists prefer some states over others

3:52 - dentist income by state

5:02 - comparing states

5:39 - major trends

7:02 - so does it matter?

8:01 - live where you want to live

8:48 - the real way to increase your income

10:05 - you make your own success

🔔 Download the Free Practice Evaluation Worksheet: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

🕠 Timestamps:

0:00 - Average Student Loan Balance For New Dentists

1:04 - Paying Back The Loans As An Associate

2:46 - Options If You Have 300-400k in Student Loans

3:44 - My Student Loans

4:26 - How To Pay Almost Nothing For 3-4 Years

6:55 - The Only Real Answer For A Dentist

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf 🔔

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com 

🌍 Website: https://www.practiceown.com

Youtube Link: https://youtu.be/NEjZTXIYjN4

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf 🔔

 📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com 

🌍 Website: https://www.practiceown.com

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf 🔔

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8 

💌 Email me at: chris@practiceown.com 

🌍 Website: https://www.practiceown.com

🔔 Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf 🔔

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

🔔 Download the Free Practice Evaluation Worksheet: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

🔔 Download the Free Practice Evaluation Worksheet: https://practiceown.com/pdf

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

🔔 Visit Our Website To Setup A Strategy Call: https://www.practiceown.com 🔔

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

🔔 Download FREE Practice Evaluation Checklist: https://practiceown.com/pdf 🔔

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

An initial valuation of a $350,000 dental practice—is it worth buying? We dive into the office layout, equipment condition, patient volume, financial performance, and key growth opportunities that make this small, older practice a hidden gem. Get insights on what to look for and the crucial steps to take before investing in a practice like this.

🔔 Download FREE Practice Evaluation Checklist: https://practiceown.com/pdf 🔔

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

🔔 Download FREE Practice Evaluation Checklist: https://practiceown.com/pdf 🔔

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

🔔 Download FREE Practice Evaluation Checklist: https://practiceown.com/pdf 🔔

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

🔔 Download FREE Practice Evaluation Checklist: https://practiceown.com/pdf 🔔

📕 Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8

💌 Email me at: chris@practiceown.com

🌍 Website: https://www.practiceown.com

I’ll also answer the 6 most common questions new dentists ask me, including whether you should do a GPR, how to find a job, and the biggest mistake most new dentists make.

If you’re serious about owning your own practice, stick around—I’ve got tips, insights, and advice you won’t want to miss.

📕 Check out my book "Buying Freedom" for a deeper dive into the process:

https://amzn.com/dp/B0DGGC7WG8

💌 Email me at:

chris@practiceown.com

🌍 My website:

https://www.practiceown.com

But here’s the truth: while working for a DSO can offer some advantages early on, the real money and control come with practice ownership. I’ll explain how you can use DSOs to your advantage and why it’s crucial not to stay too long. Learn about the pay, daily tasks, and pros/cons of working in a corporate dental setting. Plus, find out why buying your own practice should always be the end goal!

📕 Want to dive deeper? Check out my book "Buying Freedom" for more detailed advice on purchasing your first practice: https://amzn.com/dp/B0DGGC7WG8

💬 Need personalized help? Reach out to me at chris@practiceown.com

🌍 Visit my website for more tools and resources: https://www.practiceown.com

📕 Want to dive deeper? Check out my book "Buying Freedom" for more detailed advice on purchasing your first practice: https://amzn.com/dp/B0DGGC7WG8

💬 Need personalized help? Reach out to me at chris@practiceown.com

🌍 Visit my website for more tools and resources: https://www.practiceown.com