Welcome back to the Business of Dentistry! Today, host Bill Schulz dives into what it really takes for young dentists to step into practice ownership with confidence. From navigating the lure of DSO bonuses to understanding the true value of smaller practices with loyal staff and patients, Bill breaks down the financial and personal benefits of ownership. He explains how banks cover 100% of practice valuations, why cash flow and staff retention outweigh flashy equipment, and how owning real estate can be a game-changing tax shelter. Most importantly, Bill emphasizes that success requires more than clinical skill, it takes guts, business acumen, and the courage to make your own calls.

(00:01:01) Acquiring Dental Practices: Supporting Young Dentists

(00:02:39) Bonuses and Efficiency in Dental Practice Management

(00:07:18) Dentistry Business Model for Young Professionals

(00:12:28) Leveraging Bank Loans for Dental Practice Acquisition

(00:18:25) Real Estate Impact on Dental Practice Ownership

(00:25:35) Developing a Unique Business Belief System