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Start-Up vs. Buying: The Ultimate Guide to Dental Practice Ownership

Start-Up vs. Buying: The Ultimate Guide to Dental Practice Ownership

The Startup Dentist
44 min
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<p>Stephen Trutter, CEO of Ideal Practices, welcomes special guest Brian Hanks, founder of The Gentle Buyer Advocates and author of *How to Buy a Dental Practice*, to dive into one of the most debated topics in the dental world: Should you start a new dental practice or buy an existing one? Together, they explore both avenues, weighing the advantages and challenges of each.</p><p>**Key Points Discussed:**</p><p>- Common misconceptions about buying a dental practice.</p><p>- Key considerations for starting a practice from scratch.</p><p>- The importance of practice ownership for career control and financial freedom.</p><p>- Why timing and location matter for both buying and starting.</p><p>- The role of patient retention and growth in both scenarios.</p><p>- Critical financial insights for both options, including how to avoid costly mistakes.</p><p>**Links and Resources Mentioned:**</p><p>- *How to Buy a Dental Practice* by Brian Hanks (Available on Amazon)</p><p>- Practice Purchase Podcast with Brian Hanks</p><p>- [Ideal Practices Website](https://howtoopenadentaloffice.com)</p><p>**Calls to Action:**</p><p>- Ready to take the next step in your dental career? Tune in now to learn whether buying or starting a practice is right for you.</p><p>- Check out Brian Hanks’ book *How to Buy a Dental Practice* for a deeper dive into the acquisition process.</p> <p><p><strong>Contact Information and Social Media Links:</strong></p><ul><li>Website:<a href="https://idealpractices.com"> Ideal Practices</a></li><li>Email: hello@howtoopenadentaloffice.com</li><li>Facebook:<a href="https://facebook.com/idealpractices"> Ideal Practices</a></li><li>Instagram:<a href="https://instagram.com/idealpractices"> @idealpractices</a></li></ul></p>