Dr. Jeni Perna on the Highs and Lows of Practice Acquisition (DHP318)
Dr. Jeni Perna joins the Dental Hacks to talk about purchasing a practice! Actually, she discusses that she was trying to buy a practice and it fell through!
* Jeni and Instagram (yogi_dentist)...a great follow!
* Content creators and consistency!
* Instagram feed = perfect square (pearl!)
* Instagram feed/posts vs. stories
* "Get on stories and show your face"
* Jeni's practice acquisition story
* Are you "just an associate?"
* Finding a practice before they hit brokerage sites!
* Buying an existing practice means that you'll always have compromises from the existing owner.
* Practice purchase vs. startup
* Cold calls?
* What would Jeni have done differently?
* Flat fee attorneys/CPAs vs hourly...understand the investment that you'll make
* Jeni on practice brokers
* Make sure you have YOUR team as a buyer
* The Letter of Intent (LOI)
* Talk to LOTS of banks! Create a relationship, but don't have complete loyalty!
Some links from the show:
3M Relyx Universal Resin Cement
Get Jeni's Manuals!
Scott McDonald episodes
Memorie Valentine's Tik Tok (her most watched Tik Tok)
Dental Hacks Deals!:
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Go Hack Yourself
Jason: Healthy Start
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