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Ever wondered what truly gives value to a dental practice? In an engaging dialogue with dental finance expert Kevin Saunders, we peel back the layers on the concept of goodwill and how it influences the worth of a dental practice. We dissect current market trends, potential for expansion, and the critical role of equipment. Kevin sheds light on the lending practices of banks, revealing the golden rule - 80% of the goodwill value. Whether you're an aspiring owner of a dental practice or considering selling yours, this discussion will equip you with the knowledge you need.

Navigating the waters of financing dental practice purchases, we examine the common situations of practice acquisition and the significance of goodwill arrangement. Kevin shares insights on how associates can raise 80% of the goodwill value and the dynamics of market trends. We delve deeper into the potential of investing in smaller practices and the nuances of loans when setting up a squat practice. And for the wellness enthusiasts, Kevin guides us through an enlightening session on aromatherapy, expounding on the power of essential oils for relaxation, stress relief, and boosting your immune system. Tap into Kevin's expertise, and don't miss this episode packed with valuable insights for both your professional and personal life.

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Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.

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