West Coast Dental Services’ Post

We’re at the British Dental Association today for Day 1 of the Business Essentials course with Andy McDougall and Anne-Marie Houston 👋 Today we will uncover the necessary know-how to assess the current position of your business. We’ll explore a range of commercial techniques and understand how they can be applied to your business. #BDA #BritishDentalAssociation #SOBP #SpotOnBusinessPlanning

As the year ends, we're reflecting on BBB Accreditation's value and impact on BBB Accredited Businesses. Local businesses like Natick Dental Partners embody BBB's Accreditation Standards; they share why a relationship with BBB is something to consider: https://lnkd.in/emE69vUS

LPS is redefining success in IDSO dental practice partnerships, having advised transactions worth over $1 billion in just 2 years—more than the next five advisors combined. If your practice qualifies for an IDSO partnership, you could achieve valuations ranging from 100% to over 400% of collections. Contact us now to have a conversation. https://bit.ly/3Khf5cA #IDSO #DentalPractice #DentalPartnership #PracticeValuation

The dynamics of dental practice ownership are shifting. In this episode of Drilling It Down, Wes and Jonathan discuss the decline in ownership among younger doctors, the allure of DSOs, and a recent uptick in practice acquisition inquiries. They tackle the financial concerns of student debt, the pitfalls of delayed sales, and why now might be the right time to reconsider ownership. 🎙📈 Tune in to get the insights you need to navigate the evolving dental market: https://ow.ly/WQX250TBMIP #McGillAndHill #DrillingItDown #DentalBrokers #PracticeConsulting #BuyingADentalPractice

Patterson Regional DSO Conference April 12th Nice job Patterson! Great event and nice to hear from Stephen Thorne, Brian A. Colao, and a few other industry experts. Took home quite a few nuggets!! Appreciated the opportunity to share Bluetree Dental's story. Been an interesting journey. The focus has always bee on developing ways we can find the perfect balance between prioritizing both clinical and business principles as well as creating partnerships where there is a strong feeling of sound governance and accountability (relational responsibility). Both are components of any dental group built to last. I touched on: Our Board and Committees Structure Our Mission, Vision, and Values  An Operating Agreement (Built on Our Values) Our Guidelines to Ownership Our Guidelines to Continued Ownership Our Conditions of Partner Satisfaction Our Group Operating System Creating a Decision Tree and 4P’s of Decision Making Our Practice CAREguide (Principles of Practice Success) as well as the vision for the future and the story of Bluetree that is still unwritten..... #patterson #dso #practiceleadership #principlesofpracticesuccess #principlesofpartnershipsuccess

Making the decision to buy or sell your dental practice is monumental. It’s not just about the numbers; it’s about your career, your patients, your future, and your legacy. A crucial step in this journey is building a circle of influence filled with a trusted team of professional advisors. Head to our website to read our full blog post about the importance of building your circle of influence! https://bit.ly/4f0DgtE

At Delta Dental of New Mexico, we understand that the needs of your small business are unique. That's why we offer several options for small groups of employees, allowing you to select a plan that is a great fit for YOU. Learn more: https://bit.ly/41jIb3e #DentalInsurance #DentalCoverage #SmallBusinesses

Full arch dental offices...let's talk about "the perfect pitch!" The old conventional way of thinking is the sales rep does a little song and dance and says, "ta-da" and the patient replies, "that's brilliant...let me get out my check book." When in reality, the objective of a pitch is to begin a conversation. The pitches that are most effective aren't some sort of vaudeville act where you are awaiting your applause. Instead, they are pitches that invite the other side in, as a collaboration...for the two of you to co-create the end result. #fullarchdentalimplants #changinglives

Strategic planning is hard work. When you get to this point of alignment in the process, there's a lot to celebrate. Way to go, Benco Dental! #strategicplanning #strategyoffsite

At Delta Dental of Colorado, we understand that the needs of your small business are unique. That's why we offer several options for small groups of employees, allowing you to select a plan that is a great fit for YOU. Learn more: https://bit.ly/48wJhMn #DentalInsurance #DentalCoverage #SmallBusinesses