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On Demand

ISDS Monthly Webinar Series: Path to Practice Ownership


Total Credits: 1 Self Study

Average Rating:
   6
Topic Areas:
Practice Management
Faculty:
Chad Kaup |  Andrew Gartshore
Duration:
60
Format:
Audio and Video
License:
Never expires.


Description

This webinar will provide ISDS dentists the opportunity to discuss the various aspects of starting or acquiring their first practice. This presentation will cover everything you’ll need to know to start your new practice or acquire an existing practice, run your business successfully, and plan for your future as a practice owner. 

Becoming a practice owner can be the most rewarding experience of your career, both personally and financially.  We’ll help you develop strategies to make a successful jump in becoming an owner of your first dental practice. Join us and get all of your questions answered in one place.

Bank of America Practice Solutions is an ISDS endorsed vendor.

Course Objectives –

  1. Understand what a lender looks for when qualifying a practice start-up or acquisition loan.
  2. Explore the financing options available to dentists today.
  3. Understand the marketplace and how practices are valued.
  4. Avoid first practice “pit-falls” and learn how planning early can lead to a successful practice.
  5. Understand the financials of a practice and how to measure success.
  6. Learn the key performance indicators practice owners track on a daily, weekly and monthly basis.
  7. Identify the right time to become a business owner.

Handouts

Faculty

Chad Kaup's Profile

Chad Kaup Related seminars and products

Regional Business Development Officer

Bank of America Practice Solutions


Chad Kaup is the Regional Business Development Officer for Bank of America Practice Solutions serving Illinois and Indiana. His primary role is specifically working with our Dental Division- targeting Start Ups, Projects, and Equipment financing. This includes first time and existing practice owners – fulfilling their visions with numerous lending products- including build outs for the initial Start Up, Additional Locations, Remodels, Expansions, Relocations, Real Estate, Equipment, and Debt Consolidation loans.

Chad started with Bank of America in the summer of 2014 as a Project Manager for Practice Solutions, quickly was promoted to a Relationship Account Officer in 2016 and served in that role in Arizona before moving to Illinois and dedicating himself to the region in the beginning of 2023. With nearly 9 years of experience- he has helped hundreds of doctors realize their goals with financing their dreams and growing practices.

Chad currently resides in Chicago- in Lincoln Park- with his fiancé Brenda and dog Rizzo. He enjoys supporting his sports teams, the Cubs and Bears- hiking, golfing, and finding time to enjoy the outdoors.


Andrew Gartshore's Profile

Andrew Gartshore Related seminars and products

Regional Sales Manager

Bank of America Practice Solutions


I started with Practice Solution in 2015, as an ex entrepreneur myself with Tim Hortons and Cold Stone stores, I come with a specific perspective and passion that drives my business relationships. I have lived in Latvia and Taiwan and taught in both those countries. These experiences follow me into every business relationship. I love what I do simply because I love to empower small business owners to reach their personal and professional goals.


Reviews

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Overall:      4.5

Total Reviews: 6