What would your career look like if you bought the right practice?

Chances are you are going to spend the majority of your career working in the first practice you buy. The practice you select will have a huge impact on the trajectory of your career; It will determine your future income, your procedure mix, your overhead and your overall quality of life. This singular decision you make can either set you up for success or present you with unnecessary obstacles. The impact it has on YOUR career is up to YOU!

Any of these sound familiar?

You want to set yourself up for success. You have seen and heard about dentists buying practices and becoming almost immediately successful. You understand that practice selection plays a huge role in your success early in your career. You want to do everything you can to ensure you are successful from the get-go.

You’re ready for practice ownership. You feel like you have outgrown your current situation and are ready for a new challenge. You find yourself wanting practice ownership more and more as times goes by.

Overwhelmed by the process. The process of buying a practice can be daunting. There are a lot of moving parts and a lot of things that need to happen. You want to make sure you are properly prepared for the road to practice owership.

Unsure how to find your ideal practice acquisition. You know its out there, but how do you find it? You feel like you’ve tried every strategy, but haven’t found the kind of practice that makes you excited about practice ownership.

Thinking about doing a start-up instead. You are anxious to get into ownership but just have not been able to find any good practices. You are thinking about giving up and doing a startup. You don’t want to delay practice ownership another 1-2 years but think that your only other option is settling for a flawed practice.

Afraid of getting ripped off. Feeling under-represented as a buyer? With so many buyers and so few practices, buyers can get taken advantage of. You want a way to make sure that you are getting a good deal.

Don’t know what to Look for. Do you feel overwhelmed by the amount of information you have to look through. Are you afraid of missing a crucial piece of information and buying the wrong practice?

The Ownership Accelerator was built with you in mind. If practice ownership is in your future and you want to set yourself up for success, this is the course for you!

• Lifetime access! Refer back to the course whenever you’d like! Especially if you are further away from ownership.
• Designed to save you money on professional fees
• Learn how to find, identify and execute the purchase of the right dental practice
• Work at your own pace. There are 12 distinct sections with over 80 videos (over 14 total hours!), taking you from the idea to get into practice ownership to the early stages of ownership.
• We’ll ship you the course manual, its more than 250 pages! The manual allows you to take notes and easily refer back to them.
• Clear action items set you up for success, teaching you how to successfully build your team, find deals, analyze them and execute.
• Bonus materials keep you on track, including written checklists and worksheets to help you navigate the path to practice ownership.

I want you to take a moment and imagine a world where you…

<p “=””>Buy the Right Practice. You smoothly transition into practice ownership. You bought a successful practice with plenty of growth potential. You begin transforming the office into the practice of your dreams.<p “=””>Identify the Diamond in The Rough You see a practice for sale that has sat on the market for months. Buyers continue to pass up on it, not able to identify the potential opportunity that exists. You are able to see things differently, allowing you to swoop in and steal the practice. Little do the plethora of buyers in the market know, they missed out on a Golden Opportunity.

Find Golden Opportunities. You are the first one to look at an amazing practice. You have the opportunity to snatch up an ideal opportunity before it gets turned over to somebody else.

Confidently Enter Practice Ownership. No more second guessing if you are making the right decision. Buy your practice knowing you selected the right practice. Then, execute the sale and transition with confidence and poise.

Smoothly Transfer Ownership. Once you decide to pull the trigger, you know exactly what needs to be done and when it needs to be done by. You lead your team to a smooth transfer of practice ownership using your understanding of the entire process.

Class Curriculum

Section 1: Begin With The End in Mind (FREE)

• Determine your Ideal Practice
• Identify qualities in a practice acquisition based on your Ideal Practice
• The Benefits of Proper Practice Selection

Section 2: Setting The Stage

• Comparing Practice Acquisitions to Start-ups and Re-starts.
• An Overview of Considerations
• Assessing the Practice Real Estate
• Practice Financing

Section 3: Assembling Your Team

• Are You Ready To Own?
• Where to Start?
• Understanding Brokers
• Assembling Your Team
• A general overview of an acquisition timeline

Section 4: Dealfinding

• How to Be Successful with Local Brokers
• On-Market vs. Off Market Deals
• When to Go Off-Market to find a practice
• Comparing Different Off-Market Strategies
• How to Execute your Off-Market Strategy
• Interacting with Sellers and proceeding with a sale

Section 5: Market Analysis

• Understanding relevant competition and dental markets
• Understanding Demographic Terms and Terminology
• When local competition matters in an acquisition
• Doing your own Single Site Study for a practice

Section 6: Valuation and Financial Literacy

• Practice Financial Terms and Terminology explained
• What Information You Need for a Valuation
• How to Value Practices
• Acquisition Red Flags
• Sample Valuation Example

Section 7: Valuation Spreadsheet

• Included: An Advanced (easy to use) Valuation Spreadsheet
• How To: Input information into the Spreadsheet
• How to: Read the Output
• How to Calculate EBITDA

Section 8: Analyzing an Opportunity

• How to Compare an Opportunity compared to Your Ideal Practice
• Buying a Job vs. a Business
• Interpreting Financial Information from Practices
• Evaluating the Risk in a particular opportunity
• Estimating Potential Internal Growth Opportunities
• Evaluating the Need and Opportunity for External Growth

Section 9: Anatomy of A Deal

• Steps to Getting a Deal Closed
• Entity Formation
• Understanding the LOI
• Tips for saving money on attorney fees
• Purchase Agreeement
• Real Estate Contingencies
• Additional Considerations

Section 10: Transferring Ownership

• Included: A Transition Checklist of the things that need to be done before and after closing
• Insurance Credentialing (Delta Premier Considerations)
• Transferring ownership of practice property, vendor relationships and software etc.

Section 11: Early Ownership

• How to Interact with Staff
• Dealing with Patients
• Avoiding Potential Issues
• Minimizing Practice Attrition

Section 12: Course Summary and Conclusion

• Putting it all together
• Summarizing and Wrapping up course