All
2 Big Retirement Mistakes that Dentists Make
April 6th 2017You may not be as ready for retirement as you think you are. For example, have you talked to your spouse about what he or she will do with you being around the house more often? Kerry Straine, CPBA and CEO of Straine Consulting, says that this is one of two common retirement mistakes he sees dentists making. Discover the second, and how to avoid both, in this clip.
Practice Real Estate: Your Quick Guide to Making the Major Purchase
March 24th 2017Brandy Keck, is a brokerage liaison at Carr Healthcare Realty, a firm that specializes in selling and buying real estate for medical professionals. Keck sat down with Dentist's Money Digest at the Yankee Dental Congress to give dentists advice on the practice real estate purchasing process. Assembling the right team of experts, she says, is critical to making the process work.
Retirement: Picking the Right Plan for You and Your Practice
March 23rd 2017Don't let yourself get too distracted by the day-to-day demands of dentistry. You still have a future for which to plan. Dentists have many retirement account options, but they can't take a one-size-fits-all approach to selecting the right one for themselves and their practices. These are some good IRA and 401k options.
Tips on Selling Your Dental Practice the Right Way
March 20th 2017The sale of your dental practice is not a process you should enter lightly. After all, you've been working your entire career, building up to this moment. It's important that you have your bases covered during the transaction. That's why working with a strong dental transition team is so critical.
5 Common 401k Rollover Mistakes to Avoid
March 16th 2017Put yourself into this hypothetical scenario. You just landed a new job in a dental practice that offers a 401K. Great. But what do you do with your old 401K? Leave it where it is, or roll it over to your new employer? Each move comes with pros and cons. There are, however, common pitfalls that you should avoid.
9 Tips for Purchasing a Dental Practice
March 1st 2017So, you're thinking of going into business for yourself? We get it, the appeal of owning your own practice and being your own boss is strong. But before you begin shopping around, there are some important things you need to know. Here are 9 tips that will help ensure your practice acquisition goes smoothly.
You're Ready to Buy Dental Practice Real Estate. Now What?
February 16th 2017Maybe you're a dentist who has finally decided to go into private practice. In terms of where you want your practice to be located, you've settled on a city or town, but not the property. According to Brandy Keck, a Brockerage Liaison at Carr Healthcare Realty, now is the right time to get a practice real estate broker involved. Do not go it alone when faced with the stresses of negotiating a lease or purchase.
Know Your Dental Market Before Buying Practice Real Estate
February 14th 2017Brandy Keck is a Brockerage Liaison at Carr Healthcare Realty. In this clip, Keck discusses what market factors a dentist needs to understand before purchasing practice real estate. Often, Keck says, her company will recommend that dentists work with a demographics firm to understand the demand for dentistry in their respective markets. Other important factors include proximity to other types of dentists, as well as population-to-dentists ratio.