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Are You Going to Be Trapped in Your Dental Practice?

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Patient Attraction Episode 949

Who’s going to buy your dental practice when you retire? And will anybody want to buy it at a price that will allow you to retire in comfort? These are important questions if you’re within 5 to 10 years of retirement. I’ll be back after the break to tell you how you can go out on top.

– Thanks for watching the Patient Attraction Podcast™.

– I’m Colin Receveur, Founder and CEO of SmartBox Web Marketing.

– The competitive landscape for dentists has changed from what it was just 5 years ago.

– New dental schools are graduating more and more new dentists who are loaded with debt.

– Many of those new dentists are choosing to work for corporate dentistry to begin paying down that debt.

– Which means that far fewer are looking to acquire their own practices.

– And while corporate dentistry isn’t necessarily in your market right now, but it may well be by the time you’re ready to retire.

– Who will your prospective buyers be?

– Right now, the odds are pretty good that your buyers will be large group practices or corporate chains.

– Will your practice sell for enough to allow you to retire as you wish?

– And if you wind up selling the practice but continue to work in it for a few years, do you have the new patient numbers to support more dentists?

– Dr. Thomas Feder of Belleville, Illinois, was faced with that problem.

– He became a SmartBox dentist, and his problem was solved.

– Our industry-leading Patient Attraction System™ is getting him more than enough new patients to support him and the associate who will buy his practice.

– His retirement plans are back on track.

– See what SmartBox can do for you and your retirement.

– Go to smartboxdentalmarketing.com/blueprint and schedule a Patient Attraction System Blueprint™ Session. They are reserved for serious dentists who want to see a patient attraction system that can double their practice. You can get more patients, more profits, and more freedom.

– Join me for our next podcast.

– Until tomorrow, keep moving forward.

READY TO THRIVE?

If you’re ready to begin getting the only result that matters from your marketing - more and better patients in your chairs - get started today and schedule your Practice Discovery Session™. They’re free to serious dentists who want to see a Patient Attraction System™ that can double or even triple their practice.