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Archive for December, 2011

Qualitative Things to Consider When Buying a Dental Practice

Friday, December 30th, 2011

Once you’ve decided to explore the option to buy a dental practice, there are a lot of things to consider in choosing the right firm. And not all of them will be in the numbers. Here are a few items to investigate that might not be in the financial statements.

  • The physical location?
    Check out the building where the practice is located. Is it well kept? Is the appearance inviting and professional? Find out how old the structure is. If it’s more than 20 years old, you may find yourself dealing with a lot of old building problems like plumbing issues or structural damage. Drive around and get a sense of the general quality of the area. What kind of neighbors will you have? How will patients feel about coming to that part of town? Talk to nearby businesses and give the police a call to find out the crime history of the area. If you find what seems like a quick sale dental practice, the location could explain why.
  • How exclusive is the local medical community?
    Obviously you’ll want to know about your competition. Look through the phone book and find out how many dentists there are in the vacinity. Make sure you give yourself enough elbow room. But beyond that, you’ll want to find out how the local medical community takes to newbies. Doctor referrals can be valuable for building clientele, especially for transplants. On the other hand, doctors can be just as effective at steering patients away from you if they’re not happy to see an outsider. Have lunch with a few local doctors in an area before you commit to buy a dental practice.
  • Is the practice well situated with policies and technology?
    Once you’re ready to take a closer look at a dental business, look out for changes you’d have to make in the first year. Is the charting system efficient and up to date? Will equipment have to be replaced or upgraded soon? Will you have to raise prices to stay profitable. If any of these items have been neglected too long you’re likely to experience some maintenance pains sooner than you may like. These costs should be reflected in the price of any for sale dental practice, but might not be if you don’t bring them up.
  • How does the staff feel about the change?
    Human resources make up a great deal of the value of an office. People who know your equipment, filing systems, patients, when garbage day is, etc. will make your transition much easier if you can get them onboard with the change. If you sense an exodus of staff coming as soon as the owner retires, factor that cost in. Make sure you get along with your staff and do what you can to make the transition easy for them. They’re going to be the one’s training you on how to run your own business.
  • ADS Administrative Office
    1621 Ivanhoe Street
    Denver, CO 80220
    888.ADS.4237

    Testing the Strength of Tungsten Wedding Rings

    Friday, December 23rd, 2011

    The noise about tungsten wedding rings for men is they’re virtually indestructible. They don’t bend, break, scuff, or tarnish… so they say. I would never “try” to prove this claim with my wedding ring, but I did nonetheless.

    It was the infamous snow ball fight of 20-09. My in-laws were visiting for Christmas when my younger brother-in-law ambushed me with a snow ball. Of course that meant war. Everyone got into the action, and when it was all over, I was cold, bruised, and ringless.

    We scoured the front yard and the street, but couldn’t find it anywhere. When the snow melted I looked again, but there were no tungsten wedding rings to be found. I figured a squirrel or some passerby had claimed it sometime along the line. So I got a cheap silver alloy replacement since tungsten carbide rings for men aren’t cheap.

    Late that spring, the lawn was ready for a first mowing. Half way through cutting the front lawn I heard a loud “ping” and saw something shiny buzz into a shrub from under my lawn mower. I ran over to see what it was. It didn’t take me long this time to find my wedding ring. And the most shocking part was that it looked like new.

    There was next to no evidence of the encounter with my lawnmower blade and nothing of the months sitting in the snow and mud. The finish was still beautiful and scuff-free.

    Not everything you read is true — especially when it comes to claims of “indestructibility”. But I’m convinced tungsten wedding rings for men are as close to indestructible as you will find. I don’t recommend trying to beat up your wedding ring, if for no other reason than because it’s a bad metaphor. But if you’re looking for a ring that will stand up to some rough incidental treatment, I recommend tungsten carbide.

    Mens Tungsten Online
    770 East Main Street, Suite 117
    Lehi, UTah 84043
    800-699-8076

    Modern Day Igneous

    Friday, December 23rd, 2011

    For thousands of years, igneous rock has blessed our lives with its wide range of uses. It is
    as though the earth literally threw us this rock from the depths of its core. Derived from the
    latin word ignis which means “fire”, the term igneous illustrates how the rock is formed “of fire”.

    There are several ways in which an igneous rock can form, but all of them involve the explosion of a volcano. Magma flows forth from the volcano until eventually it starts to cool. Whatever the magma settles on determines what it will form. Magma cooling upon existing rock solidifies into what is known as igneous rock. This process can take a matter of seconds, or thousand of years depending on the type of rock it forms.

    Famous Igneous

    • Obsidian – Obsidian is known for its incredible beauty and, when polished, its sleek, dark appeal. Weapons have been made from obsidian for ages, most often used in ritual sacrifices or circumcisions. Its use in architecture is extensive, with both tools and building materials from obsidian used by ancient civilizations. When properly sharpened, obsidian can be sharper than the sharpest metal knife. This is due to the smooth edge it maintains, while when under a microscope, metal knives still have a jagged edge.
    • Granite – Granite could possibly be the most commonly used igneous rock, with many of its uses within your own home. A granite countertop is the perfect example of what granite brings to the table. Its high resistance to heat, beauty when polished, and durability make it a popular item to install in the cabinetry or countertops of newly built homes.
    • Basalt When heated basalt produces stone wool, which is used as an effective thermal insulator. The other uses for basalt are narrowed down to a building capacity as building blocks, making cobblestones, or in making statues.
    • Pumice – Roman engineers utilized pumice in the buliding the dome of the famous Pantheon. When mixed with cement it makes an incredibly lightweight and insulative form of concrete.

    It’s good to know that when a volcano erupts, more than just destruction will occur. Without this natural disaster, soil could not become more fertile, new lands could not form, or we could not enjoy the pleasure of quartz stone countertops in our Salt Lake City home.

    Bedrock Quartz
    5996 Dannon Way
    West Jordan, UT 84081
    Ph: (801) 282 – 3322

    Helping the Sick on Christmas

    Thursday, December 22nd, 2011

    With Christmas around the corner, many are busy buying presents for loved ones and seeking out many other ways to help those in need. When we talk of those in need we commonly think of economic need. However I would like to talk about those fighting for their lives because of disease or sickness beyond their control. For those still looking for opportunities to help, here are 3 ways in which you can give of yourself to those in need.

    Plasma Donation
    Plasma is the starting material needed to produce medicine that can help millions of people around the world with diseases, many of which are rare.

    If you cannot donate because of an infectious disease then that is ok, there are different donation programs which allow those with infectious diseases, such as hep a and hep b, to donate to help others with similar ailments and make some money in the process.

    Biolynk, the leader in the antibody recruitment and consulting industry, recruits and educates patients and doctors who have a desire to help provide this much needed blood.

    Blood Donation
    One of the biggest acts of charity someone can give is to give of their own blood which is then used for transfusions or made into medications by a process called fractionation. There are many blood donation centers around the country. The Red Cross is always looking for blood of all types to keep a ready supply for emergencies. A little blood can go a long way.

    Hospital Volunteer
    One of the worst places that someone can be stuck on a holiday is a hospital. Many health care facilities understand this and put on Christmas programs for their patients. This makes it really easy to join an already existing program. The quickest way to find service opportunities is to go to your favorite search engine and search for [volunteer at hospitals in "your city here"].

    Please remember that this is the season to give and what greater gift is there than the gift of life.

    2012 Law Firm Strategy Lessons from the Apollo 13 Moon Mission

    Thursday, December 22nd, 2011

    By Amazing Firms Amazing Practices, Gerry Riskin.


    Your law firm’s success in 2012 may require considerable ingenuity under extreme pressure just as it did from the crew of Apollo 13 for their safe return to Earth.

    Apollo 13 was the third mission in the American Apollo space program intended to land on the Moon. The number 2 oxygen tank in the Service Module exploded en route to the Moon, approximately 200,000 miles (320,000 km) from Earth.  The developing drama was shown on television and depicted in the Apollo 13 movie based on the mission.

    If you saw the movie, you may recall that the head of Mission Control assembled a team in a conference room and requested that the materials available to the astronauts in the Service Module be brought to the room because they had but a few hours to learn how to make oxygen to save the astronauts’ lives.

    By contrast, when the senior leadership team in most law firms meets to explore strategy, there is no sense of urgency. Worse, after extraordinarily bright people come up with some amazing plans, in most firms they are doomed to atrophy due to a lack of execution.

    As you consider 2012, I recommend that you:
     

    • Take off the rose colored glasses… the apparent good economic news is at best an exercise in extreme optimism and at worst the willful concealment of the truth
    • Clients have tasted economic power in the lawyer/client relationship and they are not going to give it up. In fact, if you are not exploring legal process management (LPM) in harmony with some of your most important clients, your firm is headed for rough seas.
    • Make your plans as if they were a matter of life and death because they very well may be. In today’s perilous times, your firm’s fate may be as precarious as that of the 3 astronauts when the oxygen tank exploded.


    I confess that I have framed this in a slightly melodramatic way in order to be provocative. The serious lesson I ask you to take from this is that your plans need a deadline and they must be executed as if life itself dependent upon them. That is why in Edge, we make no apology for being obsessed with action.

    Your comments would be appreciated as usual.

     

    (Thanks to Wikipedia for the image and details)

    Originally posted at Amazing Firms Amazing Practices. Please visit http://www.gerryriskin.com/.

    5 Tips for Building Your Emergency Food Storage

    Wednesday, December 21st, 2011

    You know it’s smart to have a good supply of emergency food storage for your family. But as you might guess it takes a little more planning than stocking up on buckets of wheat. These tips will help you build up a long term food supply, maximize it’s shelf life, and minimize the transition when you need it.

    1. Plan menus your family will want to eat.
      One of the fallacies that often goes along with collecting bulk food storage is that when you’re in an emergency situation, enjoying food won’t matter. But survival doesn’t mean you have to be miserable. There are some great recipe books available for using home food storage and a wide variety of prepackaged freeze dried meals. Planning menus can be a way to get your family involved and excited about being prepared.
    2. Have a good variety of foods.
      Remember the point of building survival food storage is having something when other sources aren’t available. Plan a broad enough menu that you won’t be dreading everything you have to eat after a few days of roughing it. Factor in breakfast, lunch, dinner, desserts, and snacks. Plan enough variety for unique meals at least weekly.
    3. The simpler the better.
      There are advantages of having a garden, a cow, and grinding your own wheat. But they will also take a lot more effort and know-how. It’s a good idea to practice survival skills, but when you are in an actual survival situation, you want to have things you can do easily. Have enough easy-to-prepare food in your emergency food storage that feeding yourself doesn’t become a source of stress for you.
    4. Anticipate alternative cooking needs.
      If you can’t get to a store to buy food you need, there’s a good chance your power and running water will be off too. Be prepared with alternative methods of cooking including a butane stove with extra fuel or wood for a campfire. If you’re planning to use a campfire, have cooking gear to use with it such and Dutch ovens and cast iron griddles. Make sure you have a good supply of clean water on hand.
    5. Rotate your food supply.
      Even freeze dried bulk food storage has an expiration date. It’s a good idea to rotate it periodically. Keep track of when you buy items and use the oldest stuff first. This will not only keep your emergency supply fresh, it will accustom your family to the food.

    The Ready Project, LLC
    909 W 500 N STE A
    Lindon, UT 84042
    877-473-2394

    A Case for Burying Utah’s Power Cabling Network

    Tuesday, December 20th, 2011

    Since we began to settle the West, we’ve simply put up with the eye sore power lines that streak across otherwise untouched vistas. Of course it’s been a necessary evil to provide power to rural areas, but times are changing. The Utah structured cabling network runs almost exclusively underground. New power generating technologies mean some outlying areas may be able to supply their own electricity.

    There are other benefits to underground power lines besides aesthetics. They are immune to severe weather that can damage overhead lines. Think about the wind and freezing cold in Utah, not to mention lightning. Underground lines are out of the way of low flying aircraft, wildlife, and people on the ground. Burying lines greatly diminishes the electromagnetic fields power lines emit and the health problems they create. For electricity providers, underground lines reduce the ease of illegal connection.

    So why haven’t we long since converted to underground lines? There are some good reasons that have traditionally been cited. But new technology and complementary interests, such as extending Utah data cabling infrastructure, make burying power lines a more viable option today.

    One limiting factor to undergrounding power is the cost. Running wire above ground has been much cheaper. But much of that cost can be mitigated if power lines are installed along with the Utah structured cabling that is being laid all over the state. The biggest obstacle to this now is simply that it’s not the way things have always been done.

    Another barrier to underground lines is that they take much longer to repair than overhead lines. In addition, underground lines need to be shut down for repair. Again, maybe Utah power providers can learn something from Utah data cabling maintenance. They seem to be able to keep lines up just fine. It seems likely that we could apply current technology to work around sections of cable being repaired.

    The truth is the main reason power companies haven’t developed the means to bury power lines more economically and efficiently is that their constituents haven’t demanded it. Most power companies operate as state sponsored monopolies, which means there is no competition to drive innovation. If power consumers want power lines buried, we are going to have to pressure companies to start doing it.

    Niels Fugal Sons Co.
    1005 S. Main
    Pleasant Grove, UT 84062
    (888) 785-3152

    Shopping Mortgage Websites to Make Home Buying Easier

    Monday, December 19th, 2011

    If your plan of action for getting a mortgage is visiting the three closest banks to your home, you may be missing out on better opportunities. Here are some tips for finding the best mortgage website options.

    Regardless of whom you end up getting your loan from, there are great benefits of shopping around on mortgage websites. But first make sure the sites are legit. Find out their Better Business Bureau rating. It should be A+ or close. Beware of sites that focus too much on loans for people with poor credit. Chances are they’re just out to make a quick buck by charging huge interest rates and expect a high percentage of foreclosures.

    Once you find a few respectable mortgage websites, they can give you a good idea what to expect to hear from lenders. A well made custom mortgage website will have a preliminary payment and term calculator. This will give you a starting point when talking to loan officers as well as weighing a good list of mortgaging options.

    Most high-quality online mortgage firms will have the same options as any other bank, including refinancing, 15- and 30-year mortgages, VA loans, and FHA loans. Some also offer custom term loans as well. If you decide to go with an online lender, you may find the closing process is much quicker — under a month in some cases — and potentially much cheaper.

    Using an online mortgage lender has its benefits, but so does using a local bank you know and trust. Even the best mortgage website is going to have a hard time beating a quality brick and mortar bank in personal customer service. When it comes to knowing your lender will be stable over the life of your loan, there are never any guarantees. Just because a bank has a physical location, it doesn’t mean they’ll always be there. There are some very well financed and managed online lenders, so give them due consideration when you’re looking for a mortgage lender.

    Loan Site Plus
    491 West 1400 North
    Orem, UT 84057
    877-201-3060

    Najtańsze kredyty gotówkowe-kredyty chwilówki

    Sunday, December 18th, 2011

    Kredyty tak zwane szybkie to już przeszłość. Od dzisiaj każdy petent starający się o finanse w banku będzie całkowicie sprawdzony. Bank musi przejrzeć gruntownie jego historię pożyczkową i zdolność kredytową. Jeżeli starający się o kredyt będzie miał do spłacania różne kredyty których suma przekracza połowę przychodów może zapomnieć o kredycie w banku.

    Nowe odmiany które wstępują w życie niezwykle zredukują liczebność udostępnianych kredytów i pożyczek. Niemniej dzięki tym zmianom wydłuża się czas w którym można wypowiedzieć umowę w dodatku banki nie mogą ukarać petentów należnościami karnymi za odejście od umowy w określonym terminie, czy jakkolwiek będzie to atrakcyjne dla większości?

    Wielu specjalistów dostrzega iż wygrają na tym szczególnie firmy pozabankowe, które także oferują pożyczki. Konsumenci którzy mają małe dochody i parę zadłużeń do spłaty będą korzystać z produktów właśnie takich firm. Na pewno już cieszące się dużą wziętością pożyczki w providencie wygrają coraz więcej.