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Tax Strategy vs. Business Strategy

When people hire an accountant, they tend to think about one of two things—tax or accounting\bookkeeping. But there’s a lot more to accounting than just those.

Article Oct 28, 2019

How to Win Your Banker

Your banker is arguably one of your most important relationships when it comes to starting or acquiring a dental clinic. Therefore you want the relationship you develop with them to...

Article Oct 28, 2019

Is your clinic ready for the fourth quarter of 2019?

The fourth quarter of 2019 is fast approaching, the question is are you and your dental clinic ready to tackle the busy season ahead? Summer was a great time to...

Article Sep 19, 2019

Getting a handle on your dental office supplies

The average clinic should be spending between 5.5% to 7% of revenue on dental office supplies. But sometimes we get a little over-excited, buy a few new products and end...

Article Aug 11, 2019

How Accounting & Bookkeeping Has Changed

Ten years ago if you wanted to rent a movie, you drove to your local blockbuster and picked up a DVD—or a VHS, depending on how old school you ran...

Article Jun 25, 2019

Handling Dental Accounts Receivable When Purchasing a Practice

When it comes to purchasing a dental practice that’s already up-and-running, presumably you’re doing so because it’s an already viable business that has its own built-in client list and is...

Article May 23, 2019

How to Grow Your Practice on a Minimal Budget

I had the pleasure of attending a presentation by Dr. Michael Sernik who built his dental practice with no advertising. Sernik, a pioneer in his field, had some incredibly valuable...

Article Apr 30, 2019

It’s almost the end of the year, are your records ready

Keeping good records is incredibly important, which is probably why we mention it in every other post. Whether we’re talking about your policies and procedures, your accounting documents or your...

Article Nov 26, 2018

How to hire great staff for your dental clinic

The busy season is upon us, so you might be in the process of hiring a new staff member. Or perhaps you’re thinking and hoping to grow your clinic by...

Article Nov 16, 2018

Is it time to upgrade the payroll system for your dental clinic?

Lately, we have seen a lot of systems that are not efficient and up to par to properly serve dental practices. These systems don’t allow the user to access important...

Article Sep 25, 2018

6 major reasons that dental clinics fail

Everyone needs a dentist, right? So it would be fair to think that opening a dental practice – pending you have the appropriate education and experience – would be a...

Article Sep 25, 2018

Tips for avoiding common cash flow issues

Chances are anytime there’s the word “issue” you want to avoid it, the case of cash flow issues is no different. To avoid cash flow issues it’s important you know...

Article Aug 28, 2018

Streamline your business payments to save time and improve your cash flow predictability

Streamlining your business payments can both save you time and improve your cash flow predictability. Being able to predict your cash flow helps to improve your cash flow in general,

Article Aug 28, 2018

Creating a basic financial contingency plan for your dental practice

What happens if one day you can’t come into work. On the grand scheme of things, one day does not seem like a long time but it adds up. Just...

Article Aug 28, 2018

How documenting processes can help you scale up

Over the years the idea of documenting processes has often been ignored or considered a lost cause. The documents are often not updated and the traditional format (binder or word...

Video Jul 30, 2018