How to: Finance Your First Dental Practice in 5 Steps
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Whether you’re an associate ready to take the next step in your career, or fresh out of dental school, dental practice ownership may be closer than you think.
First up is determining how to pay for it!
This e-Book serves as your comprehensive roadmap, helping you make informed decisions every step of the financing journey toward practice ownership.
WHAT'S INSIDE?
This guide outlines the 5 actionable first steps you can take:
1. Create a business plan: ways to construct a strong blueprint for your future practice success—to set expectations, outline your goals, and showcase your strong case for loan approval.
2. Consider key factors: the critical details often overlooked: demographics, site selection, services offered, marketing plans, equipment & technology.
5. Simplify getting pre-qualified:
review how personal finances, clinical expertise, production, and practice’s cash flow impact potential qualification.
3. Select the right partners: learn how each business partner, from your CPA to contractor, can smooth out practice operations for long-term success.
4. Choose a lender: walk through the process so you understand loan terms, interest rates, and can select the lender best suited to your needs.
