Dental Business

Today's episode revolves around a critical yet often overlooked metric for dental practice owners: the cost of an open chair. This expense, although invisible in conventional financial statements, can significantly...

How well do you really know the health of your dental practice? In this episode, Phil Cole challenges practice owners to look beyond production totals and ask a fundamental question: Do you know the numbers that truly...

The objective of today's discussion revolves around the critical nature of the transition phase following a dental practice acquisition, which is often overlooked by both buyers and sellers. Upon the closing of a deal...

This episode is centered around an exploration of the fundamental principles of transitioning dental practices, with a particular focus on the critical elements that contribute to a successful sale. The host, Phil Cole...

Buying a dental practice can be the fastest path to building wealth—but it's also one of the biggest financial decisions you'll ever make. In Part 2 of the Practice Transition Series, Phil Cole breaks down the due...

<p>"The Dental Business Podcast with Phil Cole" Presented by KLAS Solutions</p><p>You've built your practice from the ground up — but do you actually know what it's worth?</p><p>In this episode, KLAS Solutions breaks...

<p>In this episode...</p><p>The paramount focus of this podcast episode is the critical importance of cultivating a robust banking relationship for dental professionals, one that extends beyond mere transactional...

<h3>In This Episode:</h3>Why most dental practices struggle with team dynamicsThe difference between predictive trust and vulnerability-based trustWhy healthy conflict is necessary for growthHow poor team communication...

<p>This episode focuses on one of the biggest business decisions dentists make: whether to lease or buy their practice space.</p><p>Phil sits down with real estate experts Mark and Ron from Commercial Resources Advisory...

<p>Takeaways:</p>Understanding the distinction between gross collections and adjusted collections is critical in practice valuation.Buyers must evaluate not only revenue but also the overhead percentage to gauge...

<p>This episode is all about helping dental practices build a marketing plan that actually works. I talk about the difference between just doing random marketing tasks and having a real strategy with clear goals and the...

<p>This story shows how even a good dentist can run into serious trouble when the business side of the practice gets off track. Dr. Marcus was a strong clinician with loyal patients, but behind the scenes, his practice...

<p>This episode breaks down why understanding overhead is so important in a dental practice. We talk about how overhead is more than just a number or percentage. It includes everything from staff wages and supplies to...

<p>In this episode of the KLAS Solutions Dental Business Podcast, Phil Cole (CEO of KLAS Solutions) talks about one of the biggest moves in dentistry: going from being an associate to becoming a practice...

<p>The podcast delves into the multifaceted journey of Dr. Ryan Brunworth, a dentist with over two decades of experience, who shares both his triumphs and tribulations in the dental profession. Initially, Dr...