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SDE Versus EBITDA

SDE Versus EBITDA

Earnings before interest, taxes, depreciation, and amortization (EBITDA) is referenced frequently in practice valuations. As a caveat, this number can be subjective (over normalized), and misappropriated as a solitary value determinant. But when compared to other...
Economics & Partnerships Webinar

Economics & Partnerships Webinar

You are invited to attend a complimentary webinar hosted by Rita Li at RBC Dominion Securities on November 20th at 7pm. We will be covering: Economic and interest rate outlook and overview Tariff impact on various industry sectors Creative business structures for solo...
Survival of the Opportunist

Survival of the Opportunist

I recently read an email from the Ontario Dental Association that shared that a proposal from the Ontario government includes a public consultation on expanding the scope of practice of denturists and hygienists. That expanded scope includes the ordering of...
The Elephant in the Op

The Elephant in the Op

You are well aware of the grim reaper of practice value – the demo clause (or the landlord who wrote it in, depending on where we want to lay blame). With all the spokes in the wheel of your legacy, it can feel defeating that one of those spokes gets to have...
The Time-Money Paradox

The Time-Money Paradox

I recently had a conversation with an entrepreneurial colleague outside of dentistry. We were discussing the value of time, money and the creation of opportunity. Every dentist is well educated on what it takes to serve patients. The rest is learned from mentors,...