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Navigating Monetization Strategies in Dental Practices
The chapter explores advice on monetizing a dental practice in the next five years through education, a soft sell approach, and avoiding common mistakes. It discusses scenarios of selling to Dental Service Organizations (DSOs), emphasizing the importance of thorough evaluations and focusing on the main practice for successful outcomes. The chapter also addresses complexities faced by multi-doctor practices considering DSO options, highlighting strategies to retain key associates and ensure a favorable deal.