I’m frequently asked what advice I would give to a new dentist. I compiled this list based on my years of experience advising dentists on their personal and practice finances and hearing, “I wish someone had told me this sooner.” These pointers should help you make thoughtful financial decisions, largely without regret.
Treloar & Heisel
In this episode of Let’s Talk, Christian Pearson, National Director of Dental Partnerships at Treloar & Heisel speaks with Stephen Trutter, Director of Consulting & Partner at Ideal Practices, a national consulting firm focused on the needs of private practice dentistry.
In this edition of Let’s Talk, Christian Pearson, national director of dental partnerships at financial services provider Treloar & Heisel, speaks with Jon Burns, vice president of Bank of America Practice Solutions, a specialty division focused on providing financing to dentists who seek to establish their own practices, about the benefits of working with a specialty lender.
If you’re just starting out, chances are high there’s a substantial amount of debt in your financial picture. According to the American Dental Association, the average debt for all dental school graduates who owed money was $247,227. Over 30 percent of dental school graduates with student loans reported debt in excess of $300,000.
This episode of Let’s Talk features Christian Pearson, National Director of Dental Partnerships at Treloar & Heisel in a conversation with Jon Burns, Vice President at Bank of America Practice Solutions, a specialty division focused on providing financing to dentists who seek to establish their own practices.
The first steps you take after graduation from Dental School are often filled with much uncertainty. A common issue that all future dental entrepreneurs face is figuring out their vision for their career. One factor that can set your vision off course early on is not having appropriate and professional legal help.
If you are about to graduate, the biggest financial decision ahead of you – will be what to do about your student loans.
Before you settle on a loan repayment program, you’ll need to understand if you operate at a cash surplus or deficit, This requires understanding all of your monthly expenses. Once you know that, you’ll be able to plug in the potential loan payments and see what will work best for your specific situation.