180. Turning Around a Struggling Dental Practice: The Art of Acquisition

A Dental Success Network (DSN) member, considers acquiring a startup with poor revenues and questions whether it's a worthwhile endeavor. Dr. Addison Killeen emphasizes the value of his book, "The Dental Acquisitions Manual," as a resource for such acquisitions. The episode explores how a struggling practice can be turned around by making changes to staff, suppliers, contracts, and overhead costs. It also underscores the importance of thorough due diligence and analysis to ensure the acquisition is a sound decision while reminding listeners that acquiring distressed practices can be profitable with the right approach.