370: Building Your Practice With the Right Financial Strategy

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Dr. Grace Yum sits down with Tom Muck, Senior Regional Director of Practice Finance at Provide, to discuss financing options for dentists at different stages of practice ownership. They explore navigating practice purchases and growth opportunities, preparing financially for ownership, and building a strong relationship with your financial provider. Episode 370 is available now on all major podcast platforms, or listen using the player above!

Episode Highlights:

  • Navigating financing for practice purchases, startups, relocations, expansions, and real estate
  • How to approach the “gray areas” of dental practice financing that traditional banks may overlook
  • Why building a long-term relationship with your banker matters as your practice grows
  • Preparing financially for ownership, including credit, debt, cash flow, and prequalification
  • Evaluating practice opportunities and planning for future growth

Meet this week’s guest:

Our guest today is Tom Muck, Senior Regional Director of Practice Finance at Provide. Over the past decade, Tom’s been on the front lines of banking, empowering dentists to launch, build, and own their practices. Joining Provide in 2020 as sales rep number six, he helped scale the business into a healthcare finance powerhouse. At home in the Chicago suburbs, Tom and his wife, Lauren, are in the thick of raising three young kids and a golden retriever while managing two full-time careers.

Find us on Social Media: @MommyDentistsinBusinessMediaNetwork @getprovide

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Dr. Grace Yum has quietly become one of the highest-profile pediatric dentists in Chicago and beyond.

She is in a small pool of less than 5% of all dentists who become certified in pediatrics. She also founded and built Yummy Dental and Orthodontics for Kids into a leader in its category. In this Podcast, Dr. Yum shares pearls of wisdom based on her experience that are designed to help moms be successful in their medical careers and in their lives more broadly. She interviews a rotating cast of experts who give invaluable advice from a variety of perspectives: fashion stylists, lawyers, CEOs, nutritionists, skincare experts, parenting experts and more. Along the way, Dr. Yum shares the secrets to her success in balancing motherhood and her growing business interests in dental, real estate and beyond.

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