Insulating Your Practice from Potential Cold Fronts

With economic pressures and industry shifts looming, now is the time to ensure your dental practice is prepared for future challenges. This practical, forward-looking webinar will show dentists and practice owners how to fortify their business against potential headwinds. In this session, you’ll learn how to: • Gauge the Current Market: Get a pulse on where the dental industry is now—and where it’s headed. • Spot Early Indicators of a Slowdown: Learn which red flags to watch for before they impact your bottom line. • Protect and Strengthen Cash Flow: Explore proactive strategies to boost financial stability and long-term value. • Avoid Operational Pitfalls: Identify common inefficiencies and missteps that can quietly erode practice performance. • Navigate the Private and DSO Marketplace: Understand today’s evolving buyer landscape and what it means for your future options. Rely on Us. Learn more at henryscheindental.com. Connect with us on: Facebook – http://facebook.com/HenryScheinDental Instagram – http://instagram.com/hscheindental X – https://x.com/HScheinDental LinkedIn – http://linkedin.com/showcase/henry-schein-dental 0:00 Setting the Table 5:30 Practice Valuations in 2024 7:40 Dental Transitions Landscape 14:39 Current Economic Landscape 18:50 Overhead in Your Practice 23:30 Teaming Up for Security 28:20 Associates Considerations 32:34 Non-Competition Considerations 35:09 Practice Growth Model 37:18 Partnership Consideration 41:11 Solo-Group Considerations 43:05 Practice Growth Model 43:43 Teaming Up - Merger 48:16 Important Pre-Arrangement Topics to Settle 50:35 Early Sign of Patient Strain 54:01 Peril in Panic 59:09 Alternatives to Anxiety 01:02:07 What is your practice worth today? 01:04:07 Exit Strategy