A recent article from Forbes Magazine/Forbes.com[1] reviewed the ten highest paying jobs. Not surprisingly, topping the list was surgeons (averaging $225,390 per year). Of the top ten, seven spots went to medical professionals and two to dentistry, specifically Oral-Maxillofacial Surgeons (#3 at $214,120) and Orthodontists (#5 at $200,290). The article mentioned the specialized nature of the… read more »
Preparing for a Transition
October 27th, 2011Sell your practice now and stay on after the sale
July 25th, 2011What if you could sell your practice and office space at the FAIR MARKET VALUE and stay on after the sale, continuing to enjoy dentistry and earning a fair compensation for two to 10 years or more, depending on your age and exit timetable? Although an outright sale when the selling dentist exits the practice… read more »
Death, disability, directives, and your dental practice
June 21st, 2011HANG ON because this article is not going to be pleasant. We’re going to talk about things that are uncomfortable and easy to ignore. Nevertheless, it’s important to have this discussion, and it’s even more important to take some action. Most of us would like to believe that we are on a smooth, gentle path to the end of our… read more »
Good estate planning = wealth preservation
May 16th, 2011The DENTAL PROFESSION is not exempt from unexpected death or disability. What makes these unfortunate events even more tragic is when a doctor is not prepared. This column does not address the proper practice transition under death or disability, but focuses on how a complete estate plan will assure wealth preservation for you and your… read more »