Volume 11 Issue 3 | Page 9

we can help you find the money to make that possible . Dentists who wish to grow their practice rather than retire may benefit from partnering with a fractional CFO to help identify inefficiencies so they can manage cash flow more effectively and run a more successful practice .
“ Often , dentists come to us at this point in their professional life disillusioned and stressed – and they express the desire to sell their practice . They ’ re exhausted from working harder and harder and discouraged by the result . They may feel selling is their only choice because they have put way too much capital into the business and haven ’ t adequately monetized the practice . If selling is their ‘ Plan A ’, we help them build Plans B and C . By redesigning their legal entity structure and creating a highly discriminating tax strategy , we can help them accumulate $ 1 million in three or four years so their options are dramatically expanded .”
Brinkman offers his concern about the position many dentists are in at this point in their career . “ This is the stage at which many dentists are vulnerable to being taken advantage of by DSOs , who swoop in to ‘ rescue ’ dentists by buying them out in exchange for the promise of a private equity event somewhere down the road . Unfortunately , many of the dentists who take the offer find themselves W-2 employees gobbled up by big systems . Ascendancy is an alternative that helps dentists stay independent , create or restore life balance , and put money in their own pockets rather than putting their practice in the hands of
What would your ideal life look like ?
TRANSFORMATION BALANCE WHEEL www . northtexasdentistry . com | NORTH TEXAS DENTISTRY 9