# 2502: How to Prepare Your Practice for Partnership Part 2 Page: https://stenobird.com/podcast/the-dentalpreneur-podcast-w-dr-mark-costes-467923/2502-how-to-prepare-your-practice-for-partnership-part-2 Text version: https://stenobird.com/podcast/the-dentalpreneur-podcast-w-dr-mark-costes-467923/2502-how-to-prepare-your-practice-for-partnership-part-2.md Podcast: [The Dentalpreneur Podcast w/ Dr. Mark Costes](https://stenobird.com/podcast/the-dentalpreneur-podcast-w-dr-mark-costes-467923) Published: 2026-05-05T13:58:00+00:00 Episode link: https://markcostes.libsyn.com/2502-how-to-prepare-your-practice-for-partnership-part-2 Audio file: https://traffic.libsyn.com/secure/markcostes/2502.mp3?dest-id=265820 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-dentalpreneur-podcast-w-dr-mark-costes-467923/episodes/2502-how-to-prepare-your-practice-for-partnership-part-2 Duration seconds: 2834 ## Resource On today's episode, Dr. Mark Costes is joined by Dr. Ben Kacos and Dr. Bill Keith for part two of their conversation on preparing a dental practice for partnership. They get tactical about the steps owners should take before entering a process, including cleaning up the books, separating personal and business expenses, identifying legitimate add-backs, and understanding how normalized profitability impacts valuation. The group also discusses capital expenditures, debt structure, merchant fees, financing fees, and why every dollar saved can multiply significantly in a future transaction. They close by exploring how teams can benefit from partnership through improved health insurance, training, HR support, and carefully structured equity or incentive opportunities for key team members. Be sure to check out the full episode from the Dentalpreneur Podcast! EPISODE RESOURCES https://www.truedentalsuccess.com Dental Success Network Subscribe to The Dentalpreneur Podcast ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-dentalpreneur-podcast-w-dr-mark-costes-467923/episodes/2502-how-to-prepare-your-practice-for-partnership-part-2/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-dentalpreneur-podcast-w-dr-mark-costes-467923/2502-how-to-prepare-your-practice-for-partnership-part-2.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.