Think You’re Ready for an Associate? Look at These Numbers First

Bringing on an associate is supposed to buy back your time. So why do so many owners end up regretting the decision? Brian Hanks, dental accountant and author of How to Buy a Dental Practice , works with dentists at every stage of ownership and has noticed one blind spot that derails associateships. In this episode, he shares where many owners go wrong, the three numbers that signal your practice is ready for an associate, and the only reliable way to keep associates in your practice long term. Topics discussed: 00:00 Introduction 01:51 Where owners go wrong with associates 04:24 Which doctor patients belong to 06:37 The numbers that say you're ready for an associate 10:04 What happens when you hire an associate too early 11:53 The reality of keeping associates long-term 16:23 The biggest mistake dentists make becoming an owner 22:22 How often buying a practice really goes wrong 25:01 How adding a doctor raises the stakes of ownership Grab Brian’s book, How to Buy a Dental Practice , for just $10 and free shipping: SPECIAL URL FROM BRIAN Connect with Brian Hanks: https://www.dentalbuyeradvocates.com/ This episode was produced by Podcast Boutique https://www.podcastboutique.com For Coaching Programs and our VIP Growth Program, check out www.dentalpracticeheroes.com Stay on top of your Online Marketing! Get a Free Practice Audit @ www.relevanceonlinemarketing.com To book your free strategy call with Dr. Etchison, click here Take Control of Your Practice and Your Life We help dentists take more time off while making more money through systematization, team empowerment, and creating leadership teams. Ready to build a practice that works for you? Visit www.DentalPracticeHeroes.com to learn more.