Factors such as team wages, rent or mortgage, utilities, supplies, equipment, marketing, insurance, and the types of procedures performed in the office determine how much a doctor can take home. Practice owners typically take home roughly 30-40% of the revenue produced, which means a dentist who owns their own practice can earn anywhere from $200,000 to $400,000 annually. As a practice owner, you attain additional long-term value based on the asset your practice grows into, and you get to take advantage of business tax incentives. Additionally, hiring a hygienist or an associate can generate additional revenue within the practice while giving you freedom to practice the dentistry you want, flexibility in your schedule, the ability to hire your dream team, and ultimately seeing the patients you want to treat.
