Launching your first dental practice can be hard work – not least because of all the complications with funding. Thankfully, Derek Leonard, the founder of dental management company ProABC, offers expert financial consulting as part of his proprietary “SPEED” formula.

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How to fund your dental practice

SPEED stands for securing funding, preparing the blueprint, enlisting support, executing branding, and developing an exit strategy. The first step – covered in depth in Derek’s book, “Startup 101 – Ignite Your Practice” – is one of the most important, because it often receives the least focus during training. Derek offers comprehensive financial packages, helping to prepare key documentation for business plans, project budgets, and funding.

Starting a dental practice requires substantial capital investment, with a basic 5-operatory setup of 2,000 square feet ranging from $400,000 to $800,000. With ProABC, Derek provides you with the tools to present solid business cases when seeking practice funding.

Get expert financial guidance

He takes a structured approach to business fundamentals, coordinating bank account setup, insurance coverage, accounting systems, and legal documentation – and creates a stable foundation for you to build upon.

He also manages business structure formation with attention to your specific needs. He processes all documentation for different business entities including LLCs, professional corporations, professional associations, S corporations, C corporations, DBAs, and tax identification requirements.

Derek develops compliance programs that address current industry standards. He monitors regulatory changes and updates protocols accordingly, allowing you to focus on patient care while maintaining necessary operational standards.

About Derek Leonard and ProABC

Derek Leonard’s 20-year career in the dental industry includes extensive experience in both clinical operations and business development. Through ProABC, he applies his combined expertise in dentistry and practice management to guide you through each phase of practice establishment, from initial planning to operational launch.

“I’ve been involved with over $100 million in startups and IPOs, so I’ve seen firsthand what it takes to secure the right funding. Trust me, starting early with a solid plan is the best way to ensure your success.”

With one call, you can make your dreams of opening a dental practice much easier!

Check out https://www.dentalstartupguy.com for all the info you need to get started!

ProABC

3411 Cedar Mill CT.
Kingwood
TX
77345
United States

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