Ted joined his father, E.J. “Mike’’ Schumann in 1979 when the practice served a variety of small businesses. Within a decade, Ted founded Dental Business Services to serve the business needs of dentists and began exploring related services affecting dental practices. Today Dental Business Services is one of a number of businesses that comprise The DBS Companies, which provides accounting, tax, financial and estate planning, practice brokerage, and practice management services for dentists.
In 1989 Ted started what has become one of his passions, organizing educational seminars for dentists and dental students. He is a frequent speaker at dental trade associations around the country and is a regular lecturer at the University of Michigan Dental School and at the University of Detroit-Mercy Dental School. Ted also is a contributor to numerous dental industry publications around the country.
Ted formed DBS Professional Practice Brokers in 1993. It serves the interests of dentists who are in the market to buy or sell dental practices. In 1996 he was one of the founding members of American Dental Sales, a professional trade association that maintains the largest existing database of dental practice sales. He has expanded into personal consulting for dentists who require professional coaching.
Ted is a 1977 graduate of Western Michigan University, a Certified Public Accountant, a Certified Business Counselor, and a Certified Financial Planner.
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