The Secure Dental Podcast is a podcast dedicated to helping dental and oral health physicians secure their personal, professional, and financial freedom.
Whether you're in med school, just gettings started, seeking to expand your existing practice, or looking to take your established business to the next level, we've got you covered.
Through conversations with the most successful oral health physicians and entrepreneurs, we uncover insights that you'll be able to use in your life and practice after each show. If you're looking to level up, join us!
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The Secure Dental Podcast is a podcast dedicated to helping dental and oral health physicians secure their personal, professional, and financial freedom.
Whether you're in med school, just gettings started, seeking to expand your existing practice, or looking to take your established business to the next level, we've got you covered.
Through conversations with the most successful oral health physicians and entrepreneurs, we uncover insights that you'll be able to use in your life and practice after each show. If you're looking to level up, join us!
Dental practice owners should begin preparing their businesses for eventual sale from day one, focusing on making themselves self-sufficient long before they intend to exit.
In this episode, Dr. Ruth Mannschreck emphasizes transforming a practice into a business that runs itself, enhancing saleability and significantly improving the owner's work-life balance. Ruth details her "Prep It to Sell" framework, including four pillars for a successful sale: increasing practice value beyond just financials, decreasing buyer risk by diversifying dependencies, clearly defining your unique competitive advantage, and making the practice a turnkey operation. She also warns against common errors like waiting too long to prepare, narrowly focusing on associate buyers, which can depress value, and misunderstanding diverse buyer motivations.
Tune in and learn actionable strategies for maximizing your dental practice's value and ensuring a smooth, profitable, and fulfilling transition!
Resources:
Connect with and follow Dr. Ruth Mannschreck on LinkedIn, or email her directly here.
Explore Shoreline Strategies LLC’s website!
Learn more about Shoreline Strategies LLC’s programs here!
Listen to the Team Led Business Success Podcast on Apple Podcasts.
Get Ruth’s free “10 Things to Do Before Selling a Business” Checklist here.
Learn more about your ad choices. Visit megaphone.fm/adchoices
The Secure Dental Podcast
The Secure Dental Podcast is a podcast dedicated to helping dental and oral health physicians secure their personal, professional, and financial freedom.
Whether you're in med school, just gettings started, seeking to expand your existing practice, or looking to take your established business to the next level, we've got you covered.
Through conversations with the most successful oral health physicians and entrepreneurs, we uncover insights that you'll be able to use in your life and practice after each show. If you're looking to level up, join us!
