Nov 05 2024 43 mins
Stephen Trutter, CEO of Ideal Practices, welcomes special guest Brian Hanks, founder of The Gentle Buyer Advocates and author of *How to Buy a Dental Practice*, to dive into one of the most debated topics in the dental world: Should you start a new dental practice or buy an existing one? Together, they explore both avenues, weighing the advantages and challenges of each.
**Key Points Discussed:**
- Common misconceptions about buying a dental practice.
- Key considerations for starting a practice from scratch.
- The importance of practice ownership for career control and financial freedom.
- Why timing and location matter for both buying and starting.
- The role of patient retention and growth in both scenarios.
- Critical financial insights for both options, including how to avoid costly mistakes.
**Links and Resources Mentioned:**
- *How to Buy a Dental Practice* by Brian Hanks (Available on Amazon)
- Practice Purchase Podcast with Brian Hanks
- [Ideal Practices Website](https://howtoopenadentaloffice.com)
**Calls to Action:**
- Ready to take the next step in your dental career? Tune in now to learn whether buying or starting a practice is right for you.
- Check out Brian Hanks’ book *How to Buy a Dental Practice* for a deeper dive into the acquisition process.
Contact Information and Social Media Links:
- Website: Ideal Practices
- Email: [email protected]
- Facebook: Ideal Practices
- Instagram: @idealpractices