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Next Level Consultants Blog
How Has COVID Affected Dental Practice Purchasing?
September 20, 2021
Needless to say, the COVID-19 pandemic has affected just about every aspect of people’s lives, and the dental world is no exception. When it comes to buying a dental practice, things are different now, and being aware of what has changed will make your life significantly easier if you’re thinking about becoming an owner. How has COVID changed the way people buy dental practices? We’ve narrowed it down to the three biggest shifts that have occurred in the last year and a half. (more…)
How to Get Funding to Buy a Dental Practice
August 26, 2021
Unless you have a particularly rich and generous uncle, chances are that you’re going to need a loan in order to buy a dental practice. While banks are being a little more stringent these days due to COVID woes, they are lending, and knowing a few things ahead of time can help make the process of getting the funding you need (relatively) headache-free. Here are 3 tips to secure funding for buying a dental practice. (more…)
Top 5 Things to Know When Buying a Dental Practice
July 6, 2021
Needless to say, buying a dental practice is complicated. Our mission at Next Level Consultants is to make it as easy as possible, which we do by giving prospective buyers access to a team of experts who have worked with hundreds of dentists and successfully purchased countless practices. While there is certainly a lot to consider, here are 5 of the most important things to keep in mind when buying a dental practice. (more…)
Updating or Building a New Dental Practice, 12 Questions to Ask Your Contractor
June 11, 2021
After you make the decision to become a practice owner, there are a million questions to answer. One of the biggest questions is, “Am I going to buy an existing practice or build a new dental practice?” Regardless of which option you choose, you will most likely find yourself speaking to a contractor in the near future, maybe to do a renovation, expansion, or a dental practice startup.
Here are the 12 questions you definitely need to ask contractors before deciding to work with them when exploring your options as a new dental practice owner.
How to Optimize Your Hygiene Department with Paula Quinn
May 27, 2021
Paula Quinn has quite the resume. She has over 30 years of experience in dentistry, is a practicing dental hygienist, and speaks internationally for Invisalign and Biolase. Fortunately for us and our clients, she’s also an extremely valuable team member here at Next Level Consultants! She was recently interviewed by Roadside Dental Marketing, during which she broke down topics such as what you should look for when hiring a consultant for your dental practice, common mistakes to avoid, how to optimize your hygiene department, and tips on how to find and hire hygienists. The highlights below are just a small portion of everything she covers in the almost 24-minute video, so be sure to check it out to benefit from all the knowledge Paula has to share!
(more…)Tips for Managing Your Team When Acquiring a Dental Practice
May 12, 2021
When you purchase a dental practice, you aren’t just responsible for the building and equipment, but you also have a big role to play in making sure that new and existing team members come together smoothly. This can be a delicate process and quite difficult to navigate on your own, but there are a few tips you can follow to make everyone’s lives a lot easier.
(more…)Startup Unscripted Podcast Episode 02 w/ David James
April 20, 2021
Using Demographics Reports to Find a Dental Start Up Location
Using Demographics Reports to Find a Dental Start Up Location
You’ve probably heard the word “demographics” before, but how does it apply to dentistry, and better yet, how can you leverage it to help your start-up get off the ground as successfully as possible? That’s what Mike Dinsino and John Bertagni discuss today with David James, the CEO and founder of Realscore™. You’ll find a few notable quotes from the podcast below, but to squeeze all the great information out of the show, you’ll definitely need to listen to the whole thing!
Dental Startup Unscripted Podcast Episode 01 with Dr. Joanna Valentine
March 11, 2021
On the first episode of Start-Up Uncensored, Michael Dinsio and John Bertagni sit down with Dr. Joanna Valentine of the Icon Dental Center. Michael and Joanna discuss how she and her business partner basically decided to start their practice on a whim.
In this candid 49-minute interview, Dr. Valentine discusses every step of getting her practice off the ground, from finding the right facility to working out agreements with her business partner, and proving everyone wrong who said they would fail in a partnership.
You’ll find a very brief transcript of the interview below that previews a few highlights from this episode, or watch the entire show here!
Video: How to Buy/Sell a Dental Practice During the Pandemic
February 25, 2021
Our own Michael Dinsio recently sat down with Roadside Media to talk about how the COVID-19 pandemic has affected the dental practice market. Despite the world coming to a halt, practices are being bought and sold at a surprisingly high rate, and during this interview, Michael shares a few of his insights about how dentists can take advantage of the current environment and avoid the potential pitfalls of buying. Here are just a few of the topics he touches on…
(more…)3 Essential Questions You Should Ask Yourself Before Buying a Dental Practice
February 19, 2020
Whether you’re fresh out of dental school or are ready to move up from being an associate, buying your own dental practice is likely an essential part of your long-term career plan. Needless to say, this process can be quite complicated and tremendously draining both financially and emotionally if you don’t know what you’re doing. Thankfully, there are dental practice buyer representation experts out there who are ready to walk you through everything step by step to make it nice and simple. To get started, here are some basic questions you should ask yourself before buying a dental practice.