Dental and Medical Counsel Blog

The Basics of Shareholders and Shares For Your Dental Practice

By Ali Oromchian Esq

Shareholder agreements: what, exactly, are they? How will they help you form the backbone of your dental practice? If you're thinking about forming a partnership with another dentist, especially if you're thinking about forming a partnership with several dentists, it's important that you understand the distinction between shareholder agreements and partnership agreements--and how shareholder agreements can help improve the functionality of your practice. 

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Posted on 08/15/2018 at 08:09 AM

Choosing A Name For Your Dental Practice

By Ali Oromchian Esq

Opening your dental practice is a big step--but before you can open your doors, you have to give your practice a name! Your name can be a key factor in bringing in the right types of patients, ensuring a steady stream of business, and helping to build confidence in your new practice. You should also be careful to understand the legal ramifications of choosing a name for your dental startup or renaming a practice purchased from another dentist. Follow these key guidelines to choose a name for your new practice that will allow you to experience a number of key benefits without getting bogged down by legal troubles. 

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Posted on 07/11/2018 at 10:33 AM

Things To Consider Before Bringing On A Partner Into Your Dental Practice

By Ali Oromchian Esq

Bringing a partner into your dental office is a big decision. Not only do you want to be sure that a partner is really what you want before you move forward, you need to know that you're choosing the right partner for your practice. Before opening your dental practice to a partner, make sure you carefully consider these key elements of partnership and how they can impact your practice.

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Posted on 04/18/2018 at 11:24 AM

The Legal Requirements of Starting Your Dental Practice

By Ali Oromchian Esq

When you start your dental practice, you want to be sure that you're fully covered legally. Just like purchasing malpractice or disability insurance helps protect you in the event something doesn’t happen as planned, setting up the legal structure of your dental practice correctly will also help protect you.

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Posted on 03/07/2018 at 08:31 AM

What Are Professional Corporations And PLLCs?

By Ali Oromchian Esq

So, you’ve decided to purchase or restructure a dental practice. Congratulations! One of the very first steps that you will have to take as you start down this new path is to decide upon a legal entity for your business. If you will be working alone or in a small office with one or two other practitioners, then you may be inclined to choose a sole proprietorship or a partnership when structuring your business. These options, however, place you at risk of having your personal assets used for business debts. Therefore, to protect yourself, you should create a business entity for legal purposes.

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Posted on 09/14/2017 at 11:51 AM

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