This Episode is Sponsored by: Dandy | The Fully Digital, US-based Dental Lab
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For a completely FREE 3Shape Trios 3 scanner & $250 in lab credit click here: meetdandy.com/tdm !

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Guest: Kevin Cumbus
Business Name: Tusk PartnersCheck out Kevin's Media:

Linkedin

Facebook

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Other Mentions and Links:

Heartland Dental

EBITDA - Earnings Before Interest, Taxes, Depreciation, and Amortization

Eaglesoft

Excel

E*Trade

Bear Stearns

Affordable Dentures

Dr. Rick Workman

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Host: Michael Arias‍Website: The Dental Marketer

Join my newsletter: https://thedentalmarketer.lpages.co/newsletter/‍

Join this podcast's Facebook Group: The Dental Marketer Society

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My Key Takeaways:

• You do not have to own multiple practices to be successful!
• Revenue is a secondary thought for buyers. Ultimately they want to see positive EBITDA and cashflow in your practice.
• Sometimes selling a negative EBITDA practice can help your portfolio in the long run!
• Using the newest tech to inform patients what is going on in their mouth can make treatment much more palatable.
• With worry about the upcoming economy state, if planning to sell in the next 12-18 months, selling sooner could be the right choice for your practice.
• It is possible to have millions in revenue and no profitability. Watch out for this when evaluating your practice!
  

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p.s. Some links are affiliate links, which means that if you choose to make a purchase, I will earn a commission. This commission comes at no additional cost to you. Please understand that we have experience with these products/ company, and I recommend them because they are helpful and useful, not because of the small commissions we make if you decide to buy something. Please do not spend any money unless you feel you need them or that they will help you with your goals.