Texas Dental Seminar for Buyers

A COMPREHENSIVE LOOK AT THE CURRENT MARKET OF BUYING A PRACTICE PRESENTED BY INDUSTRY EXPERTS

This event is for dentists who are considering buying a practice in the near future. In this course, you will learn about the legal, financial, logistical, and emotional aspects of buying a dental practice. Our team of experts will lecture and conduct Q&A sessions on the following topics:

• What to expect: The sequence of a dental practice transition
• Steps to purchasing a practice
• "Value vs. Price"
• The importance of Purchase Price Allocation
• 4 Keys of Bank Lending for Practice Acquisitions: Loan to Gross Ratio (How much the borrower can get), Liquidity (How much lenders like to see in "reserves" for a borrower), Production (How lenders make sure that the new owner will hit the ground running), Cash Flow (What it means and how it is calculated)
• Legal issues regarding buying a dental practice, including non-competes, tax structures and allocation, and liabilities
• Real estate issues that must be addressed

The Seminar is $199.00 through (04/11/2024) - Regular Price of $299.00 after (04/11/2024)

INCLUDES 2 HOURS OF INSTRUCTION, LIGHT APPETIZERS, AND COURSE MATERIALS FOR YOU AND YOUR SPOUSE.

We encourage all attendees to bring their spouses at no cost, use promo code “FreeSpouse” and click ‘Apply’

SPEAKERS:

Jon Rutty, Omni Practice Group, Transition Broker - As a dental consultant with 15 years of experience, Jon Rutty has consulted in 41 states and has successfully helped small, medium, and large dental practices significantly increase their monthly revenue and collections. Jon has also guided practice owners in building their production which in turn resulted in their dental practices being sold for a higher profit. Jon resides and lives in Allen, Texas with his wife and four children. He has a passion for baseball, particularly supporting the Rangers. Jon has resided in Texas for the last 35 years and recently accomplished his first full marathon in December 2023.

Mike Abernathy,

Rod Johnston, MBA, CMA, Owner and Principal Broker, Omni Practice Group – Rod has a vast amount of knowledge, experience, and education in all aspects of business and real estate that provide an incredible value to every medical practice. He has managed, owned, partnered, and consulted with numerous practices throughout the Northwest over the past decade. All have benefited from Rod’s experience in staff management, accounting, marketing, and practice management. Prior to Omni, Rod spent 15 years as Director of Treasury and also Director of Accounting for AT&T Wireless. Rod is a licensed commercial broker and specializes in commercial real estate. He has an MBA from Seattle University, is a Certified Management Accounting, and is a member of the Institute of Business Appraisers and the National Association of Practice Brokers.

TESTIMONIALS from previous attendees:

“The seminar was very informative. Many of the ‘tough’ questions were answered!"

“I clearly did not know what I didn’t know. This seminar cleared away the fog. Thanks!"

“Very good presentation. From coming in knowing really nothing to now feeling very well informed. Thanks much!"