If you want to own someday, the associate-to-owner path might help you get there faster. With the associate-to-owner path, you join a practice as an associate with an agreement for a future complete sale.
As dental students, you’ve learned how to prepare for each challenge that comes your way. It should come as no surprise, then, that the best way to ensure that you will do well at a job interview is to prepare. In the short time allocated for your interview, how can you convince a prospective employer that you’re the best choice?
Written contracts protect both sides from misunderstandings and can put your relationship on equal ground. Whether you are joining a practice as an associate, intending to pursue a sale/purchase, or you are hiring someone, a contract helps you start your relationship on the right foot.
Job hunting is an arduous process. From struggling to find opportunities and evaluating your options to interviewing and negotiating your pay, finding your dream associateship is stressful. Asking the right questions helps you decide if an opportunity is right for you.
In this edition of Let’s Talk, Christian Pearson, national director of dental partnerships at Treloar & Heisel, Inc., continues the conversation with Stephen Trutter, director of consulting and partner at Ideal Practices, as they discuss what students and new dentists can do now to prepare for private practice ownership.
I considered writing this post about obtaining the ideal associateship. I quickly realized, though, that “ideal” is misleading and different for everyone. Our goal should be a successful associateship — one that creates success for both the associate and the practice. This looks different across the board, but in my experience in several different environments, the following have been keys to success — or causes of failure.
Imagine sitting in the waiting room of a dental office at your first associate interview. You’ve prepared all night and put on your best suit. You meet with your potential employer, and everything is going great — until he/she asks an inappropriate personal question.