Podcasts

We offer management consulting for business owners hoping to grow and scale.

Categories

Dental

The Power of Consolidation: Debating the Pros and Cons with Emmet Scott

In this episode of Skytale Insights, host Ben Hernandez and co-host Tedd Van Gorden sit down with guest and published author, Emmet Scott, to discuss centralization and dental consolidation. Emmet is a renowned figure in the dental industry, serving as the CEO of ASL Communication and Co-Founder of Community Dental Partners. With a passion for education and support, Emmet enjoys helping dental professionals learn how to create and run a robust and diverse dental enterprise as a Partner and Executive at DEO. In addition, as the host of the widely acclaimed DEO Growth Podcast and the author of the #1 Amazon Best Seller, “DSO Secrets: The Ultimate Guide to Building Your Dental Empire,” Emmet continues to empower dental professionals with invaluable strategies.

Listen to Ben, Emmet, and Tedd as they analyze the intricacies in the centralization process, pros and cons of dental consolidation, and what investors are looking for. Tune in as these industry experts share their insights into the dental space and gain key knowledge that can help you grow or prepare to sell.

In this Episode, You’ll Discover:

  • An understanding of dental consolidation and centralization
  • Key strategies to help you prepare to sell your practice
  • A honest perspective of what buyers are looking for
  • The benefits of having a fractional CFO

Episode Insights:

What are some key considerations that dental practice owners need to keep in mind when preparing to sell their practice to potential investors?

“…Your buyer’s gonna know nothing about your clinical capability or the great culture you built initially, and they don’t care and don’t know about the blood, sweat, and tears that you’ve put into the business. They are investors, and if you’re an investor, you don’t care about all those things.” – Emmet Scott, Co-Founder of Community Dental Partners

What steps can dental practice owners take to ensure efficient financial organization and preparation when engaging with potential investors during the selling process?

“Get a fractional CFO to really get things organized way ahead of time. So that when we go to market and that investor asks for stuff, it’s like boom – it’s in their inbox…” – Emmet Scott, Co-Founder of Community Dental Partners

What impact does the turnover rate of dentists have on the valuation and marketability of a dental practice?

“From a business perspective, people are looking at culture. They wanna know your turnover rates, right? Which is really tough right now, but they mostly wanna know what your dentist turnover rate is. So if you’re a dentist who has high dentist turnover rate, you’re probably gonna get a lower multiple or have a harder time” – Emmet Scott, Co-Founder of Community Dental Partners

Connect with Emmet:

Follow Skytale Group:

Strategy and insight, right in your inbox.

Subscribe to our email list for episode updates and releases.

SHARE

Also available on:

You Might Also Like

Dental

From Growth to Patient Experience: Dental...

Listen Now
Dental

The Digital Dentist: Implementing Technology into...

Listen Now
Dental, Medical

Unpacking Non-Competes, DSOs, and Strategic Partnerships

Listen Now

Legal Lift Off: MSOs, Contracts, and...

Listen Now
Aesthetics, Dental

Beyond the Smile: The Intersection of...

Listen Now
Aesthetics

The Leadership Ascent: Creating Resilience by...

Listen Now
Dental

Adapt and Thrive: Embracing Change for...

Listen Now

The Untapped Millennial Market: Adapting Your...

Listen Now

Beauty and Business: Dr. Gretchen Frieling...

Listen Now
Aesthetics

Pure Determination: Keys to Building a...

Listen Now

Insights into Scaling a Business: A...

Listen Now

How to Create a Solid Foundation...

Listen Now
Dental

Is Your Practice Management System Leaving...

Listen Now
Medical

What Marketing Strategies Can Set Your...

Listen Now

How Can Inventory Management Streamline Efficiency?

Listen Now
Aesthetics

Optimizing Revenue Cycle Management in Your...

Listen Now
Aesthetics

Beauty with Purpose: A Roadmap to...

Listen Now
Dental

Fidler & Associates: Trends in Dental...

Listen Now
Aesthetics

What is Upneeq? The Story Behind...

Listen Now
Aesthetics, Dental, Medical

Mastering Lead Management and Patient Follow-Up

Listen Now
Dental

What Are Dental Membership Plans? Strategies...

Listen Now
Dental

Single Location to Multi-Location: Advice for...

Listen Now
Aesthetics

Trends in Injector Recruiting with Mary...

Listen Now

Aesthetic Practice Consolidation & What Buyers...

Listen Now
Dental

Acquisition Vs. De Novo Growth: Which...

Listen Now
Dental

How to Build a Successful Team...

Listen Now
Aesthetics

What’s Happening in the Aesthetics Job...

Listen Now
Aesthetics

Advanced MedAesthetic Partners: Consolidation in the...

Listen Now
Aesthetics, Medical

Navigating the Complexities of Mergers and...

Listen Now
Aesthetics, Medical

Unlocking New Opportunities to Propel Your...

Listen Now
Aesthetics, Medical

Tips & Best Practices for Med...

Listen Now
Aesthetics, Medical

Daxxify: What You Should Know About...

Listen Now
Aesthetics, Dental, Medical

Using Data to Drive and Scale...

Listen Now
Aesthetics, Dental, Medical

M&A in the Med Spa Industry...

Listen Now
Aesthetics, Dental, Medical

What Makes Skytale Group Stand Out?

Listen Now
Dental

Anatomy of a Med Spa Sale:...

Listen Now
Dental

How Much Are Medical Spas Worth?...

Listen Now
Medical

PPP Loan Forgiveness for Med Spas:...

Listen Now
Medical

May 27th: PPP Loan Forgiveness Application,...

Listen Now
Dental

May 14th: PPP Forgiveness and IRS...

Listen Now
Medical

April 21st: PPP Loans for Med...

Listen Now
Dental

The CARES Act for Med Spas,...

Listen Now
Medical

Managing Med Spa Cash Flow Amid...

Listen Now