Dental Practice Ownership
PATH TO DENTAL PRACTICE OWNERSHIP
Owning a dental practice is one of the most rewarding AND challenging things you can do as a dentist. Getting into ownership involves either buying a practice for sale, building one from scratch, or partnerships. NEXT LEVEL CONSULTANTS can help you through the process of starting a dental practice or buying a dental practice. The benefits of becoming a dental practice owner includes higher income potential, career control, setting hours, determining patient base, choosing type of dentistry you want to practice, just to name a few!
it's true, working as an associate dentist provides dentists with a valuable an viable career, but professional and financial growth only comes via practice ownership. Owning a dental practice gives dentists control over scheduling, patient care, and business decisions, along with greater earning potential. There are also many tax benefits to take advantage of for personal financial wealth. Although ownership does come with risks as well, you get to focus on creating an asset that builds equity and wealth for the long-term. The two paths to ownership include buying a practice, building one from scratch.
STARTUPS & BUILDING A PRACTICE
Partnering with a dental startup consultant gives you a strategic advantage from the very beginning. Instead of navigating the complex and costly startup process alone, you gain expert guidance that minimizes stress, shortens timelines, and avoids expensive mistakes. With reduced overhead and fewer delays, you retain more working capital to invest directly into patient care, marketing, and growth—setting your practice on a faster track to long-term success.
ACQUISITION/BUYING A DENTAL PRACTICE
On the other hand, when working with a dental consultant – buyer’s rep – to purchase a dental practice, we can also save you time and money. Working with an experienced dental practice buyer’s representative provides you with an advocate who helps negotiate on your behalf throughout the entire process. Because we have been involved in many transactions, we can foresee complications and issues you wouldn’t be aware of – saving you thousands of dollars in the end.
STARTING A DENTAL PRACTICE
Starting a dental practice requires a completely different mindset than purchasing an existing one. On the surface, it may feel daunting because you’re building a business from the ground up and establishing a patient base from scratch.
But with NEXT LEVEL CONSULTANTS by your side, failure is not an option. Our team has guided hundreds of doctors through this journey with a proven, repeatable system designed to set you up for success from day one.
For many dentists, launching a startup is the ultimate way to create a practice that reflects their vision, values, and the reason they entered dentistry in the first place. A startup gives you the freedom to design every detail to represent who you are. While some markets may grow gradually toward your ideal income, others—especially areas with higher demand and fewer dentists—allow you to hit the ground running and rapidly build your patient base.
Every market and doctor’s journey is unique, but having a NEXT LEVEL CONSULTANTS coach advising you at every step ensures the best possible outcome. Let’s talk about what working with a dental startup consultant could look like for you.
WORKING WITH A START UP CONSULTANT
FINANCIAL PLANNING & BUDGET CONTROL
Securing financing and favorable options/rates, building a smart budget that considers working capital
VENDOR, DESIGN, & TECHNOLOGY SELECTION
Choosing the right equipment, software, and suppliers to fit your specialty and long-term goals.
SITE SELECTION & LEASE NEGOTIATION
Ensuring the location you choose supports long-term growth and sustainability
PRACTICE BUILDOUT COORDINATION & PLANNING
Manage timelines coordinating with architects, contractors, and equipment suppliers.
MARKETING & PATIENT ACQUISITION STRATEGY
Help develop brand, marketing strategies, attract new patients from day one!
TEAM BUILDING & HR SUPPORT
Assisting with hiring, training, compliance, and systems that set you up for success.
BUYING A DENTAL PRACTICE
Buying a dental practice allows you to step into a profitable business from day one something that makes ownership appealing to many doctors. In fact, practice acquisitions can close in as little as 90 days, turning the dream of ownership into a near-immediate reality.
But as exciting as that sounds, there are critical factors to evaluate before signing on the dotted line. That’s where NEXT LEVEL CONSULTANTS comes in. We serve as dental practice buyer’s representatives, ensuring that your interests—not the seller’s—are protected throughout the acquisition process.
Unlike practice brokers, who represent the seller, a buyer’s rep is solely dedicated to you. A broker cannot fairly serve both sides equally, but when you hire a buyer’s rep you gain an experienced negotiator, a skilled practice evaluator, and a trusted advocate who ensures you make the right investment decision.
WORKING WITH A BUYER REPRESENTATIVE
DETERMINE IF ASKING PRICE IS A FAIR PRICE
Buyer Rep does a 3rd party valuation for buyer.
DETERMINE WHAT THE "REAL" CASH VALUE WILL BE
Calculates expenses for buyer and "real profit" after close
DISCOVER "RED FLAGS" AND PROTECT BUYER
Protects buyer from things that most buyers are unaware
PARTNERS WITH YOUR ACQUISITION TEAM
Works seamlessly with lawyer or CPA providing a completely unbiased perspective
PROVIDES BUYER WITH CONFIDENCE, MINIMIZING RISKS
Buyer Rep's sole purpose is protecting the buyer's interests, looking at all aspects of the deal
POST CLOSE NEW OWNER TRANSITION CONSULTING
NEXT LEVEL CONSULTANTS provides practice management consulting to support buyer post close
Becoming An Owner Blog Articles
Managing AR’s in a Dental Transition Could Cost You More Than Just Money.
The DSO Myth: Why Independent Buyers Aren’t Really Competing Against DSOs
Stop Asking About Collections: What Actually Drives Dental Practice Value
Consider These Dental Front Office Services from Next Level Consultants
Credentialing and Fee Negotiation Service
We also support doctors who want to get Credentialed with insurance carriers like Blue Cross, Delta Dental, Cigna, Aetna Dental, Humana, UnitedHealthcare, and more…
When you sit down with our Dental Credentialing Team we will look at factors including the overall competition in your area, the patient demographics, and what insurance companies we think will work best for your practice. Because we see the array of fee schedules on a daily basis, and because we work with practices all over the United States, we can effectively negotiate your fees and get you paid more. We work hard to secure the best possible contracts and fee schedules for our clients. Visit our Credentialing Services page for more information.
Dental Billing and Remote Claims Support
If you are thinking about transitioning away from employing full-time team members at the front desk and cutting back on overhead costs, we support dental practices with our Remote Billing Services. Visit the Remote Billing Services page to find out more about how our Remote Billing Team can impact your practices revenue and efficiency by collecting more and collecting on time.