Start-Up vs. Buying: The Ultimate Guide to Dental Practice Ownership
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Show Notes
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.
**Key Points Discussed:**
– Common misconceptions about buying a dental practice.
– Key considerations for starting a practice from scratch.
– The importance of practice ownership for career control and financial freedom.
– Why timing and location matter for both buying and starting.
– The role of patient retention and growth in both scenarios.
– Critical financial insights for both options, including how to avoid costly mistakes.
**Links and Resources Mentioned:**
– *How to Buy a Dental Practice* by Brian Hanks (Available on Amazon)
– Practice Purchase Podcast with Brian Hanks
– [Ideal Practices Website](https://howtoopenadentaloffice.com)
**Calls to Action:**
– 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.
– Check out Brian Hanks’ book *How to Buy a Dental Practice* for a deeper dive into the acquisition process.
Contact Information and Social Media Links:
- Website: Ideal Practices
- Email: he***@********************ce.com
- Facebook: Ideal Practices
- Instagram: @idealpractices
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