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Have you ever wondered if owning a second dental practice is the right choice for you? It sounds exciting—more patients, more growth, more success. But is it the right step for your future?
In this episode, Gary Takacs and Naren talk about what it takes to expand your practice. They explain why it’s important to have your first practice running smoothly before adding another one. You’ll also learn why having a clear plan and strong systems is the key to success, whether you want to sustain and grow your current practice or expand to add a new one.
Gary and Naren share real-life stories of dentists who grew their practices the right way—and others who ran into trouble because they weren’t prepared. They explain how to decide if expanding is the right move for you and what steps to take to make it a success.
This episode is packed with simple tips and great advice.
Listen now to find out if a second practice is your next big step!
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Timestamps
- 00:00:27 – Introduction
- 00:00:47 – Announcements
- 00:01:07 – Clinical Tip by Anna Middleton On “Some Essential Products to Use in Your Hygiene Department”
CIA Segment
- 00:03:20 – The Importance of a Clear Vision
- 00:06:15 – Strong Systems and Leadership
- 00:10:32 – Money Matters: Growing vs. Expanding
- 00:17:23 – Mergers and Acquisitions
- 00:25:00 – Challenges and Generational Wealth
- 00:37:15 – Marketing and Branding Tips
- 00:46:12 – Finding Practices to Buy
- 00:47:39 – Final Thoughts
Q&ASegment
- 00:26:20 – Q1 – What are the most important criteria to evaluate when purchasing a second practice?
- 00:33:59 – Q2 – Should each practice have separate websites or be branded under one website? **
Book Your Free Session Now: ekwa.com/td - 00:39:23 – Q3 – Does my core practice need to achieve certain production/collection results before Considering a 2nd practice?
- 00:46:15 – Q4 – What are some creative ways to identify potential practices worth purchasing?
Also at end of episode
Book Your Session with Gary Takacs Now
thrivingdentist.com/csm
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