Opening a new “Dental Practice” days are numbered.

[Molar Whisperer]

Not sure. As you know .... there is a depreciation schedule dependent on the asset.

Darn those pesky schedules! I was hoping to get creative with accounting strategies.

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[cluelessdr]

Agree with OP. Opening a new practice would be very difficult right now and probably in the next couple of years. If I'm in a new dentist shoes and if ....... I graduated with reasonable debt .... my choices would be.

1. as mentioned above. Go rural. I still believe this choice allows for a more traditional dental practice. Most Corps are in heavily populated areas due to the patients they tend to treat. Yes. rural has it's issues also, but it makes economic sense. Funny story. Years ago ... I started a small ortho practice in a GP office in a rural area of Arizona. Patients were actually paying me with Tamales, Burritos, vegetables, etc. My wife (receptionist) was supposed to collect ACTUAL money, but she ended up befriending everybody and well .... I ate Tamales for a month. .
BTW. There are NO Corp offices in that small, rural town as of today. I'm no longer there since I got tired of the long drive and eatting Tamales.

2. Saturated area. As much as I despise Corps .... they are here to stay and will only get larger. I cannot see this changing. Therefore ... use Corps to your advantage (like @charlestweed). Have a PT job at a Corp. Have a SMALL, LOW OVERHEAD practice elsewhere. Maybe share space with a specialist whose only at the office for a few days (ortho?). I can tell you .... any specialist would LOVE to have a GP to share space with (as long as the GP isn't directly competing with the specialist). It can be done. But you have to go in with the least amount of money.

Yes. It will be difficult. It's always difficult regardless of the current situation, but it can be done. Just don't put all your resources into a single entity. DIVERSIFY your options.

hey 2th mvr, please check your inbox