Abstract
This month's New Professional column explores the key decision of whether to start a new dental practice or purchase an existing one. Starting a practice offers flexibility in creating a brand and using the latest technology but requires building a patient base from scratch and managing upfront costs. Purchasing an existing practice provides immediate cash flow and an established patient base but requires more upfront investment and adapting to existing systems. Dentists should consider financial readiness, long-term goals, and work-life balance when making this decision.
Recommended Citation
Patel, Amrita DDS
(2024)
"The New Professional: Starting a Practice vs. Buying: What’s Right for You?,"
The Journal of the Michigan Dental Association: Vol. 106:
No.
11, Article 4.
Available at:
https://commons.ada.org/journalmichigandentalassociation/vol106/iss11/4
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