This panel will take place during the Valley District Dental Society's annual business meeting where the executive committee will give an update on the state of the district and the membership will vote on open positions in the district leadership and committees.
Navigating the Business of Dentistry: Ownership Transitions, Associate Agreements, and Legal/Financial/Tax Insights for Practice Success
Successfully managing the business side of dentistry is essential for long-term professional and financial success. This panel will provide key insights into employment agreements, ownership transitions, and the legal, financial, and tax considerations critical to practice success.
Date: Friday, April 29, 2025
Time: 5:00pm - 9:00pm
Speakers:
Aaron D. Frankel – Attorney – Scott B. Franklin & Associates
Ryan J. Holzinger, CPA, CHBC, MSA, MST – Medical-Dental Consultants, Inc.
Juan Arango – CMD Technology Group
Scott Frazer – Healthcare Banking Program Manager – Windsor Federal Bank
Attendees will gain a comprehensive understanding of:
Key Terms in Employment Agreements – Learn about compensation structures, contract duration, termination clauses, and employer-covered costs.
Restrictive Covenants – Understand the impact of non-compete clauses, non-solicitation agreements, confidentiality obligations, and non-disparagement clauses.
Path to Ownership – Explore essential factors to consider when transitioning from associate to practice owner.
Dental Practice Transitions
Creating wealth in your practice
Current Market Trends
Considerations before selling your practice
Financial preparation
Legal and regulatory compliance
Practice valuation
Facility and equipment considerations
Assembling a team- Attorney, broker, accountant, banker
Your role post sale
Annual Legal Housekeeping – What needs to be done to meet state requirements including filing an annual report and holding your annual meeting. Review of new legal requirements from the federal government.