Why should someone want to have his or her own dental practice in 2019?
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It seems somewhat ridiculous to have to post on this subject, but given current developments it is a topic worth discussing. Given the increasing costs and complexity of running a dental practice, it seems that more and more younger dentists hope to join a group practice. Originally when I started practicing, most owner operators kept a higher percentage of the gross receipts. An associate might earn 35% with the lab bill taken off the top. The practice he or she worked for kept the rest. When I took started my own practice, initially I made less than I did working for other dentists but eventually, after I paid off loans and built up the practice I was making 40% of the gross receipts and I got to make all my practice decisions. I liked the freedom and control that I was able to have since I was able to practice in the manner I felt most comfortable with. If a particularly difficult procedure required more time, no one I worked for was watching the clock and shooting me a disappro...