• Success Strategies for Dental Practice Owners

  • By: Stan Kinder
  • Podcast

Success Strategies for Dental Practice Owners

By: Stan Kinder
Listen for free

  • Summary

  • Success Strategies for Dental Practice Owners hosted by Stan Kinder is an essential guide if you're a dentist looking to make strategic decisions about the future of your practice. Join Stan Kinder, a seasoned buyer-side broker specializing in Dental Support Organizations (DSOs), as he dives into the world of dental practice acquisitions and growth strategies. With a focus on helping dentists considering selling their practice or taking it to the next level, this podcast is a goldmine of insights and expert advice. Each episode features influential guests who are at the forefront of the dental industry, including dental consultants, marketing experts, successful dental practice owners, dental manufacturers, business consultants, and even renowned business and life coaches. Through in-depth interviews and thought-provoking discussions, Stan and his guests share practical tips, proven strategies, and insider knowledge to help you navigate the complexities of practice management and business growth. Whether you're contemplating retirement, seeking ways to maximize the value of your practice, or aiming to expand your dental empire, this podcast will equip you with the tools and information you need to make informed decisions. Tune in to Success Strategies for Dental Practice Owners and join a community of like-minded dentists who are committed to their professional growth and success. Whether you're a seasoned practitioner looking to transition or a young dentist with aspirations of building a thriving practice, this podcast is your go-to resource for invaluable information and guidance. Your practice's future begins here.
    All Rights Reserved Stan Kinder 2023
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Economics
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Episodes
  • Ep59: Balancing Productivity and Patient-Centered Care in Dentistry

    Ep59: Balancing Productivity and Patient-Centered Care in Dentistry
    Nov 20 2024
    Rohini Agarwal, originally a dentist in the corporate sector, has successfully navigated the transition to owning her own practices in Oregon and Texas, where her innovative marketing strategies have significantly amplified her success. She emphasizes the importance of hands-on marketing efforts, personally managing SEO, flyers, and Facebook marketing with her husband, while leveraging patient referrals and word of mouth to attract 50 to 60 new patients each month. Her practice focuses on cosmetic and aesthetic dentistry, employing strategic approaches like bilingual communication and accommodating operational hours, including Saturdays, to cater to a diverse patient base and enhance accessibility. Agarwal's dedication to patient-centered care and comprehensive dental services, such as Invisalign and implants, reflects her commitment to improving patients' confidence and self-esteem through enhanced aesthetics. Here’s what to expect this episode: Transitioning from corporate dentistry to independent practice allows for prioritization of patient care over productivity and continuity of care. Buying an existing dental practice provides a smoother transition into ownership with ready-made infrastructure, while starting from scratch offers long-term control and rewards. Implementing targeted marketing strategies, including bilingual communication, can attract new patients and foster growth within a diverse community. Operating with extended hours, including Saturdays, accommodates working patients and enhances flexibility and accessibility to dental care. Connect with Rohini Agarwal: https://www.linkedin.com/in/rohini-agarwal-740530122/ Connect with Stan Kinder: https://www.everythingdso.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices
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    20 mins
  • Ep 58: Starting Small: 1% Revenue Transfer to Boost Profit

    Ep 58: Starting Small: 1% Revenue Transfer to Boost Profit
    Nov 13 2024
    Susanne Mariga, a renowned CPA and fractional CFO, is a strong advocate of the Profit First system, which empowers seven to nine-figure entrepreneurs to prioritize profitability from the get-go. Drawing on her extensive experience at prestigious firms such as Arthur Henderson and KPMG, she guides her clients in setting up separate bank accounts for profit, owner's pay, taxes, and operating expenses. This strategic allocation encourages business owners to manage cash flow effectively and make intentional financial decisions, ensuring they are rewarded for their hard work. Through her Profit Talk podcast and collaborative efforts with experts like Stan Kinder, Mariga provides practical advice and strategic tools, urging entrepreneurs to start small by transferring just 1% of revenue into a profit account to build a financially sustainable future. Here’s what to expect this episode: The importance of having specific bank accounts for profit, owner's pay, taxes, and operating expenses The Profit First System enables entrepreneurs to prioritize profits and manage finances intentionally The Profit First concept leverages the illusion of scarcity by using specific bank accounts to drive intentional profitability Dentists face financial challenges such as debt, retirement planning, and the need for prudent financial management Prophet Talk podcast offers real-world advice to help businesses increase profitability based on the Profit First concept Getting started by making a 1% transfer of revenue into your profit account helps build intentional profitability from day one Connect with Susanne Mariga: https://www.linkedin.com/in/susannemariga/ Connect with Stan Kinder: https://www.everythingdso.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices
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    36 mins
  • Ep 57: The Power of Acquisitions in Dental Practice Growth

    Ep 57: The Power of Acquisitions in Dental Practice Growth
    Nov 6 2024
    Kartik Antani offers insightful perspectives on Dr. Partik Antoni's journey in dentistry, emphasizing the significant influence of familial inspiration and strategic career choices. Acknowledging Dr. Antoni's bold move from New Jersey to New Mexico, Kartik highlights the advantageous decision to acquire existing dental practices in underserved areas, which provided a robust foundation for growth. By leveraging established systems and engaging in partnerships with like-minded individuals, Dr. Antoni effectively navigated the complexities of expanding his practice, demonstrating astute business acumen. Kartik further underscores the importance of cultivating a strong company culture and hiring based on personality and capability, which play crucial roles in maintaining patient care quality and successfully scaling the practice. Here’s what to expect this episode: Acquiring existing practices through acquisitions allowed for immediate cash flow and utilization of existing systems. Strategic approach to each acquisition such as with a retiring dentist, associate-driven practice, and hygienist-owned practice. Transitioning from chairside practice to focusing on managing the business is crucial for scaling up dental practices. Identifying undervalued distressed dental practices can lead to profitability by implementing operational improvements. Establishing a positive culture within dental organizations is important for team alignment and patient experience. Hiring like-minded individuals and setting clear standards for accountability is crucial for the success of dental practices. Human capital is a limiting factor in the success of dental practices, emphasizing the importance of experienced personnel and external help. Connect with Kartik Antani: https://www.linkedin.com/in/kartikantani/ Connect with Stan Kinder: https://www.everythingdso.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices
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    41 mins

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