Subject: 556 – Practice Transitions – Associateships
Credits: 1 (Lecture)
Friday, July 14: 12 to 1 p.m.
Audience: D, ST, R
Fee: Free with Registration!
Location: Exhibit Hall
Speaker bio: Plano, TX; director of new client services, Cain, Watters & Associates
Description: Entering a partnership or transitioning dental practice ownership can be a wonderful financial opportunity for both parties. It can also create positive change in the office with growth and mentorship opportunities. Developing a seamless partnership structure, however, requires great planning on the established doctors’ part as they lead the way, making a vast majority of the critical decisions and changes necessary to be successful. Discover how fair and equitable partnerships are formed in order to foster long-term success.
Learning objectives:
- Determine if it makes financial sense to buy in as an associate
- Discover how much income you will have to give up when you bring in a partner
- Pinpoint when to acquire a valuation of the business and what to expect
- Learn how to split the money when procedures and collections amounts differ among providers
This Learning Lab is brought to you by Cain Watters & Associates..