Understanding the value and health of your dental practice is not just a necessity; it’s a strategic tool for success. A dental practice valuation, often perceived as a prelude to selling, go far beyond this purpose. These evaluations are comprehensive…
In financial analytics, EBITDA, or Earnings Before Interest, Taxes, Depreciation, and Amortization, is a unique term within this specialized field. It is a tool that helps us understand how well a dental practice is doing in its core activities. It…
“Know your numbers.” This is one of those phrases that gets bandied about all the time by entrepreneurs, marketers, and your overwhelming father-in-law accountant. So much so, it’s nearly a commandment in business. But for as much press as this…
For decades, the dental industry has been characterized by individual ownership, where dentists operated their ‘private practices’, building relationships with patients and communities. This model was deeply rooted in personal care, with dentists wearing multiple hats as healthcare providers and…
Co-Founder Dr. Weston Spencer was recently featured on the Dental Marketing Secrets Podcast where he discussed how he grew his private practice from $500K to $2.5M in just 5 years. Here are a few things discussed in the interview: Turn…
Relieve stress and worry. Trying to handle everything in your practice is a recipe for disaster. Not only is it very inefficient, but it can also be flat-out dangerous if the stress keeps piling up. That’s what Dr. Greenhalgh was…
A strong partnership leads to more free time. When you have practice support in place, it allows you to design a better, more personalized lifestyle. In Dr. Heineken’s case, that means the ability to end her days at 3:30 so…
Blood. Sweat. Tears. Time. Building a practice has cost you all of this and more. So…why not get MORE for your practice? At SPP, we believe that your hard work and dedication should be rewarded with long-term financial success… Not…
One year has come and gone since Dr. Lance Alder of Newport Beach Dental joined Saving Private Practice. Here are just a few of the highlights over the past 12 months… In his own words, here’s what Dr. Alder had…
One of our core values at SPP is “Play Hard.” To us, this means being able to live your life exactly how you want, both inside your practice and outside your practice. In order to accomplish this, you simply cannot…
Desperately, he blurted out: “I want to double my practice over the next 12 months.” This is the answer I got from a dentist when I asked about his goals. And when I questioned him on HOW he plans on…
