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Southeast Dental Advisors Presents:
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The “read it and delete it” resource to help you improve your practice, and yourself. From the experts with Southeast Dental Advisors.
Quick Fact: According to the ADA, 95% of
How to use this resource:
1. Choose the topic most interesting to you. 2. Read the short headline, then click the link. 3. Decide if you need further information and contact the contributing
expert. 4. Delete this email.
dentists cannot afford to retire and maintain their current lifestyle.
Personal Impacts
Risk management
strategies and solutions to protect what matters
most.
What Happens to Your Practice NOW? Have you thought about how your PRACTICE will continue in your absence due to a disability? When you recover, will your staff still be there? What about your patients? You likely have disability insurance to protect your income, but how do you protect everything else vital to your practice? Click HERE and watch the short video to learn how to truly protect what really matters.
Email Will with questions
regarding risk management by clicking HERE.
The Huddle
Transition planning and wisdom from the SeDA
staff dentist.
By: Dr. Bill Davis
Every Dentist's Practice will be Transitioned.
Either the dentist will elect how and when to transition the practice, or the executor of the estate will make that decision. Should the executor be forced to make that decision, the transition will be much more complicated and much more expensive for the estate. You can't plan too early, you can plan too late! Click HERE to learn more about transitioning your practice, and the cost of bad advice.
Contact Bill with your practice transition and valuation questions by clicking HERE.
Guidance Systems
Insights into practice
management.
By: Steve Cartin www.cartincoaching.com
The First Step is Generally the Most Difficult
Been thinking of how you can streamline your practice productivity? Increase profits? Work on a team mentality and foster goodwill?
Practice coaching may or may not be for you. The first step is taking a good look at your practice, through someone else’s eyes.
Click HERE for a practice evaluation with Cartin Coaching and Management.
Contact Steve for insights into your practice management questions by clicking HERE.
10 Second Focus
10 seconds to focusing on
one important topic. You need to know!
By: Will Parrish
www.sdp-planning.com
Your Retirement Income Sources:
In April 2010, the ADA surveyed dentists to determine whether the recession had changed expectations for retirement. Not surprisingly, older dentists expect to retire later than younger dentists, with working dentists age 65 and older planning to work until age 74. Those aged 55 to 64 estimated retirement at 66.7 years, compared to 62.6 years for dentists aged 35 to 44. Around half of working dentists aged 55 and older have delayed plans for retirement.
In terms of expected sources of retirement income, survey respondents on average expected that family retirement savings would constitute 62.4 percent of their annual retirement income, social security 13.4 percent and sale of dental practice 12.7 percent.
Source: April 2010 ADA Survey on Retirement and Investment
Email Will with questions regarding your retirement income, or financial planning in general by clicking HERE.
FREE Resources
Southeast Dental Advisors is a highly exclusive organization that is one of Knoxville’s best kept secrets. SeDA provides free resources to dentists, dental societies, and study clubs. Need an architect? Call SeDA. Looking for a CPA or attorney? SeDA knows some of the best. Tired of doing your own payroll? You get the picture. No strings. No kickbacks. Just high quality folks already vetted with experience in the dental field.
www.knoxvilledentistinfo.com is a free service of SeDA for dentists in an around Knoxville. If you have a website, increase search engine optimization. Don’t have a site? Have a web presence in minutes. Contact Will Parrish at [email protected] for more details. IT’S FREE!
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