by Phelps Admin | Sep 15, 2023 | David Phelps
As private equity firms, like BlackRock, search for new markets to extract profits in a slow and uncertain economy, their recent entry into the dental industry is causing radical changes. More specifically, small dental practices run by individual owner/operators are...
by Phelps Admin | Aug 16, 2023 | David Phelps
Saving for retirement is a crucial part of financial planning, and the earlier you start, the better. Unfortunately, a lot of people are putting themselves into a precarious situation by depending solely on Social Security. This is not a wise strategy, because unless...
by Phelps Admin | Aug 14, 2023 | David Phelps
In today’s landscape, however, professionals of all ages and career stages are considering offers from DSOs and private equity firms, enticed by the promise of substantial multiples and high valuations. This phenomenon was non-existent in the 80s and 90s, representing...
by Phelps Admin | Aug 3, 2023 | David Phelps, Uncategorized
You work hard to have a productive dental team that provides outstanding service in a cost-effective, sustainable, and environmentally friendly way. These goals are important, but the key driver for business success, in both good and bad economics, is profitability....
by Phelps Admin | Jul 14, 2023 | David Phelps
A shocking 43% of Americans are not financially literate, but I think they are, according to research by the Milken Institute. While this may seem to be an individual problem, the truth is that it actually causes significant problems all the way up to the national...
by Phelps Admin | Jul 11, 2023 | David Phelps
Most Americans wants many of the same things – a decent income, freedom to have options, and time to spend with family. And most Americans don’t have time or the financial background to sit through mounds of financial data. Instead, they rely on main stream,...
