Ask George: Solving the Painful Realities of Dental Business Ownership

Dr. Richard Low welcomes back Dr. George Hariri for an "Ask George" episode focused on the painful underside of dental business ownership.The duo discusses why acquisitions in dentistry often fail when buyers lack due diligence, leading to negative equity and the stress of "building on top of broken" systems.Using Practice Underwater principles, George explains how to fix dental practice management and your dental business ownership by identifying the root cause of profit loss.This is a must-listen for clinicians struggling with dental business ownership who need a tactical exit strategy or a "worst case scenario" reality check.In this episode:- Analyze commercial real estate feasibility to ensure assets exceed the high costs of construction and debt.- Stop "building on top of broken" by confronting toxic partnerships and premature associate hiring decisions.- Write a detailed "worst case scenario" document to mentally de-risk professional failure or bankruptcy.- Shift from a "long, slow bleed" to break-even by laser-focusing on the single source of monthly loss.- Leverage expert perspective and dental moneyball metrics to avoid buying tapped-out practices with low growth.Whether navigating an associate to owner transition or vetting acquisitions in dentistry, this is your survival guide. Ready to scale your dental practice ownership? Visit https://sharedpractices.com/ for our "Free Look" service and follow our social channels for roadmap updates. Join the community and turn your clinical skills into a thriving business.