The Startup Dentist
Avoiding Real Estate Mistakes
Episode Summary
In this episode, Stephen Trutter uncovers the hidden traps in dental real estate that can cost dentists thousands. Learn how to make savvy real estate decisions that safeguard your practice's future.
Episode Notes
In this episode of "The Startup Dentist," host Stephen Trutter dives into the critical topic of dental real estate. With real estate decisions being one of the most significant financial commitments for dental startups, Stephen provides essential insights to help you avoid costly mistakes.
Key Points Discussed
- Importance of Real Estate Decisions: Understanding how initial real estate choices impact your practice long-term.
- Avoiding Common Pitfalls: Why you should avoid flashy locations and instead focus on strategic positioning.
- Lease vs. Purchase: The pros and cons of leasing versus buying real estate and how to decide what's best for your practice.
- The Role of Representation: The necessity of having experienced commercial real estate agents and attorneys to guide you through transactions.
- Future-Proofing Your Practice: Ensuring your real estate deal protects you if you decide to sell or relocate in the future.
Links and Resources Mentioned
- Startup Practice Blueprint Course
- Contact information for Stephen Trutter and Ideal Practices
Calls to Action
- Listen to the episode and learn how to avoid real estate mistakes that could jeopardize your dental startup.
- Visit the Ideal Practices website for more resources on starting and growing a successful dental practice.
- Sign up for the Startup Practice Blueprint Course to get in-depth training on all aspects of launching a dental practice.