In this episode, Diwakar Sinha, CEO of Polaris Healthcare Partners, discusses strategies for dental practices to scale, expand, and ultimately transact. He explains the importance of determining the “why” behind scaling, considering the post-transaction landscape, and understanding valuation expectations. Diwakar also provides practical advice on capital acquisition, responsible debt management, and the challenges associated with growing from one to multiple locations, including the “black holes” at practices three and five. He also emphasizes the need to demonstrate improved financial performance and leadership team scalability, and he discusses the economic arbitrage opportunities when smaller practices are acquired by larger groups. He also offers guidance for new dentists considering de novo startups versus acquisitions. Tune in and learn how to prepare your practice for successful scaling and potential transactions, while ensuring you’re building towards a financially secure future!
The Secure Dental Podcast: From One to Many – Scaling Your Dental Practice the Right Way
