Owning and operating a dental practice can be a milestone achievement in the life and career of a dentist. However, navigating business operations, keeping pace with technology to remain competitive and meeting the needs of staff can be incredibly overwhelming, especially on top of serving your patients.
Knowing the current value of your practice is a critical tool to ease the burden dentists may experience while running their practice. Having this key information can help you confidently make smarter business decisions, including planning a potential exit strategy, preparing for expansion or evaluating performance.
For Dental Economics, Windham Brannon’s Valuation Practice Principal Tom Brooks makes the case for why a true valuation of your dental practice is not only a good idea, but essential to running your practice.
