Multiple offices: A growing trend

Until about a decade ago, most dentists owned only one office. Of course, there were some exceptions to this, such as specialists who had a number of locations. The landscape has changed considerably. One of the major changes has been the growth of corporate dentistry. Another is the deep recession that reduced the busyness of many practices. Dentists who are successful in one office often think they can duplicate that success in additional locations. For those considering buying another dental office for the first time, it is important to have a plan and to thoroughly think through the pros and cons. Evaluate various financial projections, and be sure to have a realistic idea of the breakeven point.