“An optimist is the human personification of spring” – Susan J. Bissonette
Have you noticed how much more energetic and happier people are in the spring? Spring seems to wake us up and brings the promise of new growth. This edition of the Professional Advisory is no different! Our expert advice will help you spring into action with fresh ideas and information that will set you and your practices up for success and renewed growth.
For those looking to purchase a practice, David Rosenthal’s article, “Legal Due Diligence to Purchase a Practice”, is a must-read. Potential buyers should review practice opportunities with a new and unbiased lens and seek guidance from their advisors to help them protect their potential new investment.
“The Canadian Dollar…Again” takes another look at the loonie pitted against the US dollar. Mark McNulty explains the reasons for the downward trend in its value. This information helps us in our decisions to travel, invest and take continuing education courses in the United States or abroad.
Ian Toms’ fresh approach to finding ideal locations for new dental clinics will help you take a leap in the right direction. “New Approach to New Dental Clinics” walks you through a different methodology for unearthing a “good spot” for a new practice.
“Creating a Website: Maintaining Growth and Viability of Existing Practices” by Dr. Weintraub is chock full of tips to help dental practices design an online presence that is inviting to potential patients and that will help your practice’s growth.
Many of us are excited to introduce new equipment or make other upgrades to our practices, especially to take advantage of specials offered at spring conventions. David Chong Yen’s article, “Top Tips to Maximize Your Tax Write-Offs When Upgrading Your Office” will help you make sound decisions at the right time for your particular practice.
Finally, “Smaller Practice Realities” gives us novel ways to look at how owning or purchasing a smaller practice may be a hidden gem. David Lind’s optimistic advice shows us how to maximize the potential for sale of these types of practices and hints at opportunities for those looking to buy a practice in the future.
Overall, this edition of the Professional Advisory will help you and your practices blossom and grow this season and throughout the year.