This family doesn’t care about taking Private Equity money and selling. They are all in on their 75-year history and 3rd generation family business.
This family business started with Generation 1. Dr. Lloyd Reed founded this family business right after WW2. 75 Years later, Generation 3 is now running it with Generation 2, and they have no plans on slowing down.
Dr. Kevin Reed is 2nd generation of Reed Family Dentistry, which is located about 16 miles from Memphis, TN, with a population of 10,508 people. I used to think that a bigger city meant better care and technology. That’s not the case. What stood out to me here was the number of patients they serve annually, their principles on capital investment and technology, and their commitment to their field and what’s ahead.
Small Businesses are the backbone of America, and this is a great episode about building a multi-generational family business, finding yourself, maintaining a high standard of patient care, plus so much more.
Please enjoy this week’s episode with Dr. Kevin Reed!
Links:
https://www.mcguirewoods.com/client-resources/alerts/2023/5/consolidation-dsos-secondary-private-equity-sales/
https://reedfamilydentistry.com/
https://www.forbes.com/sites/forbesbusinesscouncil/2022/03/25/how-small-businesses-drive-the-american-economy/?sh=6c90aad34169