My Journey From Associate to Partnership, with Arielle Faden

Dr. Arielle Faden is a pediatric dentist and practice owner out of Jersey City, which is a large metro area near New York City. She was a guest on the podcast almost two years ago when she talked about practicing as an associate in a large city like New York. Since that time, she has gone through the journey of partnering with her boss to become a 50/50 practice owner.

We discuss how there's a lack of podcast content for dentists in these situations, but that partnerships are a great opportunity for dentists who aren't interested in either associating or going through the stresses of a scratch start. Some of the things Dr. Faden talks about:

- How she knew that this office was the right fit for ownership

- How they determined the value of the practice and purchase price

- What did lending look like for this transaction

- How did her income increase to cover the debt payment

- How they structured the operating agreement to know who can buy what with company money, and how profits are split

You can reach Arielle at ariellebethany@gmail.com