Podcasts about right practice location

In this episode, Jayme will have a conversation with three of the country's leading startup demographics experts to share some startup demographics strategies and theories that have created some of the most successful startup practices. Just about everybody would agree that demographics have a significant role to play in the success of a startup. They can either positively or negatively affect a startup. But here's the problem. Most startup practices that struggle know how powerful demographics are, they know how to read the numbers on a demographics' information report, and most of them have even attempted to get a great demographics' ratio, but they still struggle.That's because they don't know what strategies they should focus on or the theories that actually work for startup practices. There have been a lot of misconceptions about demographics and Jayme admits, for example, that a lot of it has been based on the demographics ratio and how it can help a startup practice grow. In his book, “Choosing the Right Practice Location”, he talks about the safest ratio for a startup practice being 2000:1, but he will highlight that an associate dentist cannot rely solely on the math equation around that because it doesn't refer only to the population in an area. Jayme's guests will share the framework and guidance on what associate dentists should look for beyond the ratio including who is an area, who the competitors are, who the potential clients are, the kinds of patients one would actually enjoy to serve, and the kinds of procedures one likes to do. They're also going to talk about demographics studies versus reports because understanding the difference is very critical. There are plenty of associate dentists who go to expensive courses, get tons of information about startups, and buy expensive demographics reports thinking that they can open a start up practice based on the idea that the ratio will keep them safe, but a few months into the practice, they end up bankrupt. That's the kind of experience Jayme hopes to protect every associate dentist from going through, so take your time to ingest the resourceful information in this episode, and then go out and implement it for your success in startup practice ownership.Key Points Discussed:An entirely new perspective on how demographics actually work for startups (01:50)Misconceptions that have led associate dentists down a very dangerous path (05:23)Even doctors who get into good demographics ratios and areas have incredible financial struggles (10:30)Demographic reports versus studies, and their real impact (14:51)A great example why the demographics' ratio is not enough (21:00)Eliminating options by not eliminating opportunities and the pool table demographics (24:48)Looking beyond the ratios at who the competition is and what they're doing (31:46)The concept of the pajama dentist and what it all means (34:23)How false positives in demographics mislead a lot of associate dentists (38:32)Getting the decision right so you can be empowered for the next few decades (44:41)Additional Resources:www.IdealPractices.com/FreeThe StartUp Crew Facebook Group For Associate DentistsIdeal Practices Websitewww.IdealPractices.com/13www.StartupDentistPodcast.com

In this episode, Jayme will do an introduction to demographics for startup practices. Demographics is the study of people and as a dentist, you serve people. If you get demographics right, you'll enjoy serving your patients, your startup will grow faster and you'll become more profitable faster. That's how crucial demographics are and why you must get it right from the beginning. In this introduction to demographics, Jayme will talk about how demographics in dentistry involve lots of data points. There is so much information to consider. Unfortunately, this whole process is simplified to a ratio of the number of dental practices to the population in a given area. This ratio ignores the millions of other data points, that's why you shouldn't pay much attention to it.In this episode and the next two episodes, I share with you unique opportunities that demographics offer and show you how to look at the millions of data points to make crucial decisions. Tune in to this fascinating conversation and understand what demographics is all about.Key TakeawaysWhy it is crucial to get demographics right in the start-up process (01:01)What exactly does demographic mean to a startup dentist (03:50)Why you shouldn't pay much attention to the famous ratio of practices to population (06:38)Should you locate your startup in an area that is growing quickly (14:46)Demographics involve millions of data points and why you shouldn't reduce them to one calculation (18:36)Capturing the unique opportunities that demographics offer (19:24)Additional Resources18 Vital Questions for Startups Demographicswww.IdealPractices.com/FreeThe StartUp Crew Facebook Group For Associate DentistsIdeal Practices Websitewww.IdealPractices.com/13www.StartupDentistPodcast.comGet a free copy of Jayme's bestseller during this year's 1000 Book Giveaway!“Choosing the Right Practice Location” 

Startup dental practices can be an intimidating idea. Many think you have to have the perfect conditions to reach any level of success or make no mistakes in order to become profitable. Jayme Amos joins the SEID Podcast to bust some of those myths and give us the truth about startup practices. Jayme is the CEO of Ideal Practices Consulting and author of the best selling book Choosing the Right Practice Location. In this episode Jayme speaks on some of the common myths associated with startup practices, the steps you need to take to understand how to create a successful startup, and how to reach ultimate fulfillment as a practice owner in your career. Episode resources: Ideal Practices - https://idealpractices.com/home SEiD Email - seidpodcast@gmail.com SEiD Facebook - https://www.facebook.com/SEiDUNC/ SEiD Instagram - seid_unc

Welcome to another episode of the Shared Practices Podcast! This one is a bit of a throwback to season one, but we know you’re going to love it. We have on the show with us consultant/startup guru Jayme Amos, dentist Paul Goodman, and attorney Rob Montgomery. We get into a great discussion about some of the red flags and pitfalls to watch out for as an associate. We talk about the language of contracts and non-competes, when to involve a lawyer during your contract negotiations, and how daily minimums work from both the employee and employer’s perspective. We also have a really great back and forth about the difference between being a 1099 or W-2 employee, and what might be the best situation for an associate. We hope you enjoy this throwback episode as much as we did recording it. Thanks for listening to this week’s episode of the Shared Practices Podcast! Our Episode Resource Page where you can find all of the resources from our episodes - for free! Follow us on Facebook Reach out to Jayme on his website: https://idealpractices.com/home Reach out to Rob: Rob@RMontgomery-Law.com Reach out to Paul: Doctor@penningtondentalcenter.com Jayme Amos is the founder of Ideal Practices Consulting, author of Choosing the Right Practice Location, and host of “Dentistry’s Ideal Practices Podcast.” Jayme has a degree in International Business and has focused his expertise in dental practice startups, focusing on site selection, demographics, financing, construction, floor plan design and profitability.   Dr. Paul Goodman is a graduate of the University of Pennsylvania School of Dental Medicine, and has been practicing dentistry for over 10 years. He works with his brother in two locations in Mercer County, NJ. Dr. Goodman has purchased three dental practices and shares his personal experience with retiring dentists in managing the expectations of their patients and team members during the transition process. He is the founder of Rising Dentists Study Club and Rittenhouse Consulting, LLC - both in Philadelphia.   Rob Montgomery has been serving the individualized legal and business needs of dentists, dental practices and dental service organizations for over 20 years.  Rob has worked on hundreds of dental deals, ranging from practice start-ups to complex practice acquisitions involving multistate practice locations. Rob focuses his practice on the legal and business needs of his dental clients, advising on the formation of business entities, practice start-ups and lease negotiations, buy-ins, partnership agreements, practice acquisitions and sales, and much more.

In this episode Dr. Hunter Smith shares his methods of determining the range of values that you should consider for a practice acquisition.  He also shares why demographics are just as important for an acquisition as they are for a startup and how location plays into that.  We go through all the levels of profitability that can be used to determine the final value of a practice. Links Mentioned on the Show BreakawayPractice.com https://dentagraphics.com/ Jayme Amos’s book, Choosing the Right Practice Location   Guest Bio Hunter Smith DDS is a 28-year-old general dentist in Jonesboro, Arkansas. He graduated from the University of Tennessee College of Dentistry in 2014. Soon after, Dr. Smith bought his first practice. After successful management and system changes increased that already successful first practice by 46% profitability in just 1 year, Dr. Smith grew to enjoy learning about the business of practice ownership and ways to improve clinical, business, staff, and patient relations. Building upon the early success, Dr. Smith joined up with a long-time best friend and fellow dental school graduate, Will Little, to form Southern Dental Group in October of 2015. Since forming SDG, Drs. Little and Smith have acquired an additional 5 locations in the last 18 months.   Thank you to our sponsors! SpearEducation.com Mention the podcast for a 30 day trial Use the promo code LOW200 for $200 off your annual membership Formlabs.com/SharedPractices  Checkout the many applications of the Form2 in dentistry and request a sample surgical guide

Listen or Subscribe on iTunes     Welcome to another episode of The Dentalpreneur Podcast. Joining us today is Jayme Amos. Jayme is founder of Ideal Practices Consulting, author of Choosing the Right Practice Location, host of “Dentistry’s Ideal Practices Podcast” and host of the upcoming events “Startup Practice Blueprint” to be held in San […] The post 047: Jayme Amos – Building The Ideal Practice From Scratch appeared first on Dental Success Institute Blog.

Jayme Amos, founder of Ideal Practice, shares detailed, calcuated information about how to start a practice. Every dentist who's opening a practice needs to hear this!     Jayme Amos is the founder of Ideal Practices, Dentistry’s consulting firm dedicated to helping dentists open new practices with clinical and profitable excellence. He is the bestselling author of Choosing the Right Practice Location, host of the Dentistry’s Ideal Practices Podcast and founder of HowToOpenADentalOffice.com  Jayme’s firm works across the country helping dentists open practices that give them the control, freedom and income they deserve.       www.HowToOpenADentalOffice.com www.IdealPractices.com   jayme@howtoopenadentaloffice.com

Jayme Amos is the founder of www.howtoopenadentaloffice.com, the author of Dentistry's Guide: Choosing the Right Practice Location, and the host of Dentisty's Ideal Practices Podcast. He is dedicated to making dentists' venture into private practice ownership a highly successful one. In this episode he shares the critical steps to opening the dental office of your dreams.