Practice Ownership 1 article

Practice Ownership covers the responsibilities and decisions involved in acquiring, financing, operating and eventually transferring an ownership interest in a dental practice. Valuation, goodwill, due diligence, partnership or corporate structures, lending, governance and succession all affect a transaction and the owner's exposure to risk. Ownership also changes the relationship between clinical work and business responsibility. Control and stewardship of the practice as an enterprise distinguish ownership from the operational systems used to run each working day.