On today's episode, Dr. Mark Costes is joined by Dr. Ben Kacos and Dr. Bill Keith for part two of their conversation on preparing a dental practice for partnership. They get tactical about the steps owners should take before entering a process, including cleaning up the books, separating personal and business expenses, identifying legitimate add-backs, and understanding how normalized profitability impacts valuation.
The group also discusses capital expenditures, debt structure, merchant fees, financing fees, and why every dollar saved can multiply significantly in a future transaction. They close by exploring how teams can benefit from partnership through improved health insurance, training, HR support, and carefully structured equity or incentive opportunities for key team members.
Be sure to check out the full episode from the Dentalpreneur Podcast!
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