Dan Zone's guest appearances

Dan Zone

20/20 MONEY

Dave Ramsey

Travis Hornsby

Phil Huber

Peter Lazaroff

Chris Wolfe

Justin Manning

Dave Goetsch

Kent Godfrey

Greg Crabtree

Matt Mitchell

Steve Alexander

Ashby Daniels

Jennifer Stewart

Matt Howard

Justin Castelli

OwlTail

Hello, and welcome to this episode of 20/20 Money! My guest on today’s show is Dan Zone. Dan’s a VP and Senior Relationship Manager with Wells Fargo Commercial banking here in Indianapolis and is back for a second time on 20/20 money. What’s unique about Dan, though, is that he has a big focus on serving those in “white coat professions” including optometrists and I wanted to have him on today to talk specifically about financing the sale of a practice from both points of view: the seller and the buyer. We start out our conversation by talking about the current state of the lending market and what changes he’s seen since our first interview back in late 2018. We then get into the weeds on practice debt and really focus our conversation around how both parties in a practice sale should think about debt and their personal finances before and during the transaction. We talk a bit about how seller financing can be a component of a practice transition and ways to think about whether it’s better to pay off your debt and be cash poor or be cash rich but balance sheet poor. Through all of our conversation, though, please know that everything that Dan and I talk about are his opinions and not those of Wells Fargo. You can find any additional resources that we talk about during the podcast by going to www.integratedpwm.com and clicking on Learning Center. There you’ll find a list of show notes with links to any resources and additional contact information that we discuss on today’s episode. As a reminder, please don’t forget to subscribe so that you’ll always know when a new episode is released. Without further ado, here’s my interview with Dan Zone. Call Dan: 317-995-9087 Dan’s LinkedIn profile ————————————————————————————— Please rate and subscribe to 20/20 Money on these platforms  Apple Podcasts  Spotify  Google Play Stitcher   ————————————————————————————— For past episodes of 20/20 Money with full companion show notes, please check out our episode archive here!

Hello, and welcome to this episode of 20/20 Money! My guest on today’s show is Dan Zone. Dan’s a VP and Senior Relationship Manager with Wells Fargo Commercial banking here in Indianapolis and is back for a second time on 20/20 money. What’s unique about Dan, though, is that he has a big focus on serving those in “white coat professions” including optometrists and I wanted to have him on today to talk specifically about financing the sale of a practice from both points of view: the seller and the buyer. We start out our conversation by talking about the current state of the lending market and what changes he’s seen since our first interview back in late 2018. We then get into the weeds on practice debt and really focus our conversation around how both parties in a practice sale should think about debt and their personal finances before and during the transaction. We talk a bit about how seller financing can be a component of a practice transition and ways to think about whether it’s better to pay off your debt and be cash poor or be cash rich but balance sheet poor. Through all of our conversation, though, please know that everything that Dan and I talk about are his opinions and not those of Wells Fargo. You can find any additional resources that we talk about during the podcast by going to <a href="http://www.integratedpwm.com" rel="nofollow" target="_blank">www.integratedpwm.com</a> and clicking on Learning Center. There you’ll find a list of show notes with links to any resources and additional contact information that we discuss on today’s episode. As a reminder, please don’t forget to subscribe so that you’ll always know when a new episode is released. Without further ado, here’s my interview with Dan Zone. Call Dan: 317-995-9087 <a href="https://www.linkedin.com/in/dan-zone-b85a5622" rel="nofollow" target="_blank">Dan’s LinkedIn profile</a> ————————————————————————————— Please rate and subscribe to 20/20 Money on these platforms <a href="https://itunes.apple.com/us/podcast/the-dose-podcast/id1438352481?mt=2" rel="nofollow" target="_blank"> Apple Podcasts</a> <a href="https://open.spotify.com/show/44jE3DxOjZQPok0H9D2jw3?si=7fhsalltRqGlwEbVqYnAQA" rel="nofollow" target="_blank"> Spotify</a> <a href="https://play.google.com/music/m/Iaml3vefwijqtlqob4dcuk3vtya?t=The_Dose_Podcast" rel="nofollow" target="_blank"> Google Play</a> <a href="https://www.stitcher.com/s?fid=245757&amp;refid=stpr" rel="nofollow" target="_blank">Stitcher </a> ————————————————————————————— For past episodes of 20/20 Money with full companion show notes, please check out our <a href="https://integratedpwm.com/learningcenter/?cat=podcast" rel="nofollow" target="_blank">episode archive here!</a>

Financing Considerations when Buying or Selling a Practice with Dan Zone

In this episode of The Dose Adam talks with Dan Zone from Wells Fargo about the many aspects of financing that medical professionals will experience throughout their career. What’s truly unique about Dan is that he almost entirely focused on these white coat professionals. Dan’s experience has allowed him to see many different financing arrangements and the unique lending circumstances that can exist in this world that do not necessarily exist for other professions. During our conversation we cover many topics including:  Financing a startup versus acquiring a practice and the requirements for those transactions Purchasing an actual business as opposed to the real estate the business is out of The biggest mistakes he’s seen doctors make in financing a project Necessary action items and when to take them for applying for a commercial loan.   ——————————————————————————————— Please rate and subscribe to The Dose on these platforms  Apple Podcasts  Spotify  Google Play Stitcher   ——————————————————————————————— For past episodes of The Dose with full companion show notes, please check out our episode archive here!

In this episode of The Dose Adam talks with Dan Zone from Wells Fargo about the many aspects of financing that medical professionals will experience throughout their career. What’s truly unique about Dan is that he almost entirely focused on these white coat professionals. Dan’s experience has allowed him to see many different financing arrangements and the unique lending circumstances that can exist in this world that do not necessarily exist for other professions. During our conversation we cover many topics including: <ul> <li>Financing a startup versus acquiring a practice and the requirements for those transactions</li> <li>Purchasing an actual business as opposed to the real estate the business is out of</li> <li>The biggest mistakes he’s seen doctors make in financing a project</li> <li>Necessary action items and when to take them for applying for a commercial loan.</li> </ul> ——————————————————————————————— Please rate and subscribe to The Dose on these platforms <a href="https://itunes.apple.com/us/podcast/the-dose-podcast/id1438352481?mt=2" rel="nofollow" target="_blank"> Apple Podcasts</a> <a href="https://open.spotify.com/show/44jE3DxOjZQPok0H9D2jw3?si=7fhsalltRqGlwEbVqYnAQA" rel="nofollow" target="_blank"> Spotify</a> <a href="https://play.google.com/music/m/Iaml3vefwijqtlqob4dcuk3vtya?t=The_Dose_Podcast" rel="nofollow" target="_blank"> Google Play</a> <a href="https://www.stitcher.com/s?fid=245757&amp;refid=stpr" rel="nofollow" target="_blank">Stitcher </a> ——————————————————————————————— For past episodes of The Dose with full companion show notes, please check out our <a href="https://adoseoffinancialcents.com/podcast/episodes/" rel="nofollow" target="_blank">episode archive here!</a>

Everything you needed to know about financing your practice with Dan Zone