See You in San Francisco

AAO-2015Be sure to join Bentson Clark & Copple at the upcoming AAO 2015 Annual Session, May 15 – 19, in San Francisco. We will be located in booth #334, so plan to stop by. We would love to provide you with a complimentary copy of the Bentson Clark reSource, published for all orthodontists, regardless of practice size or career stage. Be sure to learn about our upcoming full-day partnership seminar while attending the show.

Our team will be happy to discuss plans for a potential practice valuation/appraisal, a practice transition or any change of orthodontic ownership venture. We will also be on hand to speak about our recruiting services, if you are seeking to sell an orthodontic practice or take on an associate. Be sure to pick up some of our materials and chat with us regarding your future plans.

Bentson Clark & Copple will also be participating in the 2nd annual 2015 AAO Orthodontic Career Fair. We will be onsite to discuss with each attendee about our company’s orthodontic recruiting and placement services. We will additionally have a list of the most current orthodontic practices available for purchase, full-time associateships, part-time associateships and partnership transactions available. This career fair is being held on Sunday, May17, 2015 from 4 PM – 5:00 PM at the Moscone Center, in the MC-125. (The Career Fair is currently sold out; however, for additional information click here and scroll down to the bottom of the page.)

Co-Branded Orthodontic Resident Experience

Going from residency to full-time business owner is a big leap. Over the years, many people have asked, “Why don’t they teach doctors how to deal with the business aspects of running an orthodontic practice when they are in school?” The truth is – there is not enough time or resources. The orthodontist who wants to own their own practice must rely on others to help them make that leap successfully.

Bentson Clark & Copple’s newly released 2014 Resident Survey reports that only 14% of current residents feel his or her orthodontic program has done a ‘very good’ job in preparing him or her for the business aspects of owning a practice. On the other end of the spectrum, 20% rank his or her program as doing a ‘poor’ or ‘very poor’ job.

It is often heard from residents that they receive very little training in owning a practice and rely on conferences, lunch & learn presentations and attending regional or national meetings to gain knowledge and information. The Bentson Clark & Copple team understands the need to educate the resident population outside of the clinical setting. That is why we are happy to announce a new educational partnership with Ormco.

Ormco is known within the orthodontic community as a company that builds trusted relationships with orthodontists, providing a breadth of innovative products and solutions to enhance their professional lives. Bentson Clark & Copple is committed to helping orthodontists achieve their career objectives through successful practice transitions, at both the beginning and end of one’s career. In conjunction, this newly-created partnership directly targets the resident community to offer guidance before they become submerged in the myriad challenges of practice ownership.

As part of this partnership, the Bentson Clark & Copple team will present a one-hour co-branded education webinar to each orthodontic residency program in the United States. With the help of Ormco’s outstanding sales team, each residency program is anticipated to be reached by the summer of 2015. The webinar will discuss the following: transition timelines, current market data, common types of practice transition, major factors in price/value, practice activity trends, practice overhead and expense data.

Our endeavor is to help educate the future leaders of the orthodontic community, provide useful data and help residents make smart decisions about his or her future plans. Overall, both companies hope this undertaking will increase the level of satisfaction residents have in regard to their preparation for the business aspects of owning an orthodontic practice.

Reaching Your Goals at GORP 2014

GORP 2014One of our favorite events each year is the Graduate Orthodontic Residents Program (GORP), which is right around the corner (July 31–August 3). Our bags are packed, our flight has been confirmed and we are ready to exhibit on the campus of the University of Michigan.

Want to win a Nike Fitbit at the event?!  We will be holding a special soccer-themed contest at our booth. Stop by our table and learn how to enter.

In addition, Shannon Patterson, our Director of Practice Opportunities & Executive Recruiting, will be on hand to speak with you regarding purchasing an orthodontic practice, seeking an associateship position or entering into an employment situation. She can register you in our database of practice opportunities, which allows us to provide potential opportunity matches as they come to light, based on your specific geographic preferences and future ownership desires.

Each resident is also encouraged to contribute to Bentson Clark & Copple’s 2014 Annual Resident Survey. A QR code will be displayed at the booth, which allows easy online access to the survey. Paper copies of the survey will also be available at our exhibit booth, so be sure to stop by.

Join us at the 2014 AAO Orthodontic Career Fair

2014 AAO Orthodontic Career FairBe sure to join Bentson Clark & Copple at the 1st annual AAO Orthodontic Career Fair. We will be on-site to speak with each attendee about our company’s orthodontic recruiting and placement services. We will have a list of the most current orthodontic practices available for purchase, full-time associateships, part-time associateships and partnership transactions available.

This inaugural career fair is being held on Sunday, April 27, 2014 from 3 PM – 5 PM at the Ernest N. Morial Convention Center, in the Great Hall B, located on Level 1. The Career Fair will bring together those with position openings, or practices for sale, and those individuals who are seeking practice opportunities. This event is being held in conjunction with 2014 AAO Annual Session as part of the AAO’s “Career Day” events. This is one of three signature events designed to help newer and younger orthodontic members be more successful in their career transition.

There are countless advantages of starting your career search with Bentson Clark & Copple. We are committed to working with residents each step along their journey. As experts in the field of orthodontics, we have earned an excellent reputation as an organization that orthodontic professionals can truly rely on. Our experience and highly trained staff ensures unsurpassed service and dedication to each and every doctor.

Resident Webinar Announced: Transition from Residency into Practice

Take control of the future of your orthodontic career! Doug Copple will discuss how to successfully transition from residency into an established orthodontic practice, in his upcoming free resident webinar, Practice Valuation & Transition – Part 2. This webinar is scheduled for Monday, March 31 at 8:30PM EST.

Information will be presented on current purchase prices, and comparative practice data will be provided to illustrate benchmarks and trends. There will be an extensive conversation regarding cash flow pro-formas, one of the most important documents in a transition. A number of other general topics will be discussed including types of practice transitions, where to obtain financing and understanding the basics of a practice valuation. The webinar will conclude with a brief question and answer session.

This webinar is one of the many scheduled presentations that are part of the Ortho2’s Cutting Edge Webinar Series. This series will provide knowledge in helping to run a future orthodontic practice. This webinar series is being hosted exclusively for residents, recent grads and Ortho2 users, at no charge. If you have a desire to learn more from an elite group of experienced orthodontic professionals, you’ll want to take advantage of this free series that has everything you need to know to operate a successful orthodontic practice. Webinars occur weekly at 8:30 PM Eastern/5:30 PM Pacific and last approximately one hour.

Click here to register for Doug’s webinar or to find out more.

2013 GORP Promotion Winner Announced

GORP 2013 WinnerBentson Clark & Copple is pleased to announce that Dr. Doug Shaw of Nova Southeastern University is the winner of our on-site “Who’s the Boss” GORP promotional contest.

All GORP attendees were invited to participate in our Instagram contest for a chance to win a Mystery Prize, valued at over $2,800. The prize included:

A lifetime subscription to the Bentson Clark reSource quarterly newsletter. The Bentson Clark reSource is an all-in-one informational source that provides and analyzes real data from real practices to present the most accurate information available within the orthodontic industry. Each issue of the Bentson Clark reSource includes articles written by the most distinguished consultants, industry insiders and businesses leaders within the world of orthodontics.

A $1,000 worth of consulting from Bentson Clark & Copple.  Bentson Clark & Copple can review an existing practice valuation to ensure the value determined is reasonable and appropriately represents the fair market value of a particular practice. Consulting services also include practice transition mediation between Sellers and their advisors and Buyers and their advisors.

A Lunch and Learn webinar for the winner’s orthodontic program. This includes a one-hour webinar and lunch and cupcake delivery for the residents in attendance.

Company-branded paper neckties were given away at the Bentson Clark & Copple table during the UNC-hosted event.  Residents were asked to snap a photo of themselves wearing a branded “I’m the Boss” tie, then upload the photo to Instagram with the hashtags #BCCOrtho and #GORP2013.

A huge thank you goes out to all of the residents who entered the contest. We received many great pictures via Instagram and we regret only being able to select one winner. To view a sample of the entries, please visit our Facebook page.

Bentson Clark & Copple Traveling to GORP 2013

Bentson Clark & Copple will be arriving on the campus of University of North Carolina at Chapel Hill just in time for GORP 2013.

Our table will be located in the exhibit hall during GORP. Please plan to stop by and say hello. We would love to speak with you regarding purchasing an orthodontic practice or locating an associateship position. Shannon Patterson, our Director of Practice Opportunities & Executive Recruiting, will be on hand to register you in our database of practice opportunities. We will be able to supply you with potential opportunity matches as they come to light, based on your specific geographic preferences and future ownership desires.

This year we invite you to participate in our Instagram contest for a chance to win a Mystery Prize, valued at over $2,800. We would like to also encourage every resident to contribute to Bentson Clark & Copple’s 2013 Annual Resident Survey. We will have paper copies of the survey available or you can scan the QR code displayed at our table to participate online.

GORP was started in 1989 as a means of bringing the orthodontists of the future together for a summer meeting, creating an environment to foster professional growth and interpersonal relationships among colleagues and representatives of the orthodontic industry. Over the past 24 years, the meeting has grown to an event that involves around 500 orthodontic residents from the United States and Canada.This program/meeting is unique in that it is the first annual conference to bring together residents in a dental or medical specialty program. The meeting is sponsored by donations from orthodontic exhibitors, the American Board of Orthodontics and its constituent associations and American Association of Orthodontists Foundation.

Partnering with the AAO

We are always honored when approached by the AAO to participate in an opportunity to educate the orthodontic community. Over the winter months, Chris Bentson along with a handful of other industry experts recorded the AAO’s The Business of Orthodontics Webinar Series. It is a 9-part educational webinar series that consists of lectures addressing the core competencies for starting and managing an orthodontic practice. Chris presented three lectures in The Business of Orthodontics Webinar Series:

• The Pathway to Ownership, Partnership, Associateship
• Growing A Practice
• Overhead Management – Industry Norms and Understanding Market Segments

These learning lectures are now online and available via the AAO member website at no cost to members. To view one or all of the lectures in this series, log onto AAAinfo.org, go to the “Education” section and click “On Demand Learning,” then on the upper right tab, “View all On-Demand Lectures.” One hour of continuing education credit is available for each Business of Orthodontics lecture. For a full list of webinars included in The Business of Orthodontics Webinar Series, check out the Feature Resources section (page 22) of the AAO’s The Bulletin April 2013 edition.