The Pitfalls of Dental Partnerships

August 8th, 2016|0 Comments

Pitfalls of Entering a Dental Partnership

It has become increasingly popular for dentists to partner up with other dental professionals instead of venturing into a “solo practice” due to numerous benefits, including a better life balance and the rise in value of a business. Additional benefits include the equal apportionment of risks and liabilities between the partners and an increase in cash flow that could bring state-of-the-art equipment and better marketing for the dental practice, as well as sharing of the costs/overhead. Needless to say, there are pitfalls and potential legal dangers that may accompany a dental partnership. Many risks can […]

Protect your Practice! The Importance of Non-Compete Agreements

August 8th, 2016|0 Comments

Protecting Your Practice: How a Non-Compete Agreement Can Keep Your Office from Losing Patients and Profits.

Competition in the dental industry is getting tougher every day. Between large, low-cost dental chains that pry clients away from smaller boutique practices, and spas and salons that offer cosmetic procedures like teeth whitening, it can be difficult for some dentists to remain profitable.

In order to stay successful, dental offices not only need to take in new patients, but also keep the loyalty of their existing patients, associates and staff. One of the strongest ways to protect your office’s goodwill is to create a strong […]

The Importance of Dental Employment Agreements

August 8th, 2016|0 Comments

The Importance of Dental Employment Agreements

When considering an associate dentist as a valuable addition to your practice, establishing an employment contract with terms that satisfy both you and the employee will set the tone for a positive work environment. More importantly, the formation of such contract will protect your dental practice from unforeseeable issues that could arise during the term of your dental associate’s employment. It is probable that legal issues could cause significant financial harm and damage the good name of your practice without the protection of an employment contract.

An employing dentist must include basic items in the employment […]

The Right Business Structure for Your Dental Practice: Legal Strategies

August 8th, 2016|0 Comments

The Right Business Structure for Your Dental Practice: Legal Strategies

Whether you’re about to open a new practice or reevaluating the structure of an existing operation, careful consideration of how to structure your business is paramount to protect the hard-earned fruits of your labor. There are a number of strategies you can employ with the guidance of your attorney that offer the protection of limited liability, mainly, the formation of a business entity.  The key questions you must entertain are: (1) What business entities are available for dentists in your state? (2) Of the available options, which option is the most […]

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