Loading...

Practice Advocate Blog

The Appraiser Hot Seat

The Appraiser Hot Seat

Every practice owner will get at least one valuation for their practice in their course of ownership. As industry professionals, we are advocates of this happening not only at the time of contemplation of sale, but at...

read more
Gucci Shoes & Value Village

Gucci Shoes & Value Village

How long would it take for a pair of new Gucci shoes to sell in a Value Village at full price? The answer is “they would never sell.” Even if they were discounted by 20 or 30%, selling a $1,000 pair of shoes in a Value...

read more
The Impeccable Exit

The Impeccable Exit

We've had requests for a virtual session on practice exit planning for those who were keen but unable to attend our in person workshop...So we've created this and you're invited. On June 22 at 7:30pm EST, we'll host a...

read more
The Unicorn & The Waiting Game

The Unicorn & The Waiting Game

Recently we conducted an analysis of the available and viewable open market listings for dental practices in Canada. Here’s what we found. The current dental practice marketplace shows a bimodal market. The smaller peak...

read more
Improve Your Multiple

Improve Your Multiple

Recently I completed my Certified Exit Planning Advisor designation. This was an important value-add I wanted to bring to my clients in dentistry. We’ve got lots of appraisers, lots of brokers, and lots of consultants...

read more
The Magic is in The Visit

The Magic is in The Visit

In spite of all the careers AI will take over, there are many it will simply augment. Yours is one of those. For all the diagnostics and treatment planning AI will be able to do in dentistry, it will never be able to...

read more
Marketing Made Easy

Marketing Made Easy

We see too many dentists doing their own marketing. Dentists know dentistry better than anyone else. Many believe that somehow the use of social media and owning a business translates into the expertise of both domains....

read more
When Growth Outpaces Attrition

When Growth Outpaces Attrition

In the last blog, I mentioned that one of the common variables that seems to be contributing favourably and somewhat passively to practice growth right now is a critical mass of patients at or above 2,200. At that magic...

read more
3 Practice Differentiators Today

3 Practice Differentiators Today

Different than 30 years ago, there are now two different types of practices: Practices that are growing and practices that are shrinking. We get to work with a lot of dentists. Much like you get the true honour of being...

read more