Inflation hasn't been an immediate concern for dental practice owners, but it is looming for 2022 and some fear that inflation could lead to large interest rate increases, cooling down patient billing as household expenses increase.

Boomers chillingly refer to the Carter Administration (’77 - ’81) as the 20-20-20 years.

20% unemployment. 20% interest rate. 20% inflation.

It was the time of mullets, bell-bottom jeans, big hair, product shortages and lines at gas stations. Like me, ageing politicians and grey-haired bankers still carry the emotional scars of that era and it’s why we’re alarmed at what we’re seeing happening now in our economy.

How do you know when to sell? It's always a question that a lot of practice owners contend with.