Continuing our series on innovative disruptions in the dental industry, we’re looking at what could be the future of dental hygiene: floss bars. Love them, hate them, or never heard of them, this trend could transform the way people receive basic preventative dental care. The Floss Bar offers an on-demand, potentially lower-cost alternative to traditional…Read More→
Category: Dental CPA Blog
Buying a Dental Practice, There’s More To It Than Price-Part V: Buyins/Buyouts/Mergers & Special Situations
My past blog talked about non-traditional GP practices and how you should approach them, this blog will talk about the “large practice” GP practices and the various ways you’ll need to deal with them. What do I mean by “large practice”? The “large practice” is one which usually requires at least two dentists to handle…Read More→
How is Teledentistry Disrupting the Dental World?
This month on the Dental CPAs blog, we’re exploring topics that discuss disruption. Dentistry hasn’t always been known as an industry at the forefront of change and innovation, but advances in healthcare and technology are altering that perception. Do you have an idea for a future blog post on dental innovation, or is your dental…Read More→
Buying A Dental Practice: Buyins/Buyouts & Mergers
Next up I’ll talk about the “non-traditional” general dentistry practice and how you need to approach those situations. What do I mean by “a non-traditional general dentistry practice”? I’m referring to general dentistry practices that have developed somewhat of a specialty niche that they focus on within their general dentistry practice. This could be services…Read More→
How to Tell If the Dental Practice Is a Good Fit: Tips for New Dentists
Luckily for new dentists, there are many options when it comes to joining a practice. There are small, two- or three-operatory chair practices. There are multi-location dental partnership groups, corporate dental practices; practices in cities and rural communities, and everything in between. How do new dentists know which one will be a good fit? Observe…Read More→
Navigating Associate Contracts for New Dentists
When new dentists join a practice as an associate, they should get used to signing their name. Associate contracts require careful review and often involve several provisions, like employment, compensation, time off, non-competes, and more. When you’re just starting your career, how do you know whether these items are in your favor? Read on for…Read More→
How New Dentists Can Be Successful Associates
Did you recently graduate from dental school? Are you looking to enter your first practice as an associate? There is more to selecting a practice than sending your resume out, interviewing, and accepting a position. At least, there is more to selecting a practice that will allow you to become a successful associate. If you’ve…Read More→
Dental Summer Help: Should Your Kids Work for You?
It’s summertime! For dentists, that means you’re in the middle of your busiest months of the year. If you have older kids – teenagers in high school or college-age – who are home for the summer, isn’t it maddening sometimes watching them lay about while you work all day? Solve two problems at once: bring…Read More→
Improving Performance Reviews In Your Dental Practice
Many dentists conduct staff performance reviews during the summer or fall – although many dentists don’t conduct formal reviews at all. A regular employee evaluation program is critical to ongoing practice management and performance and can avoid potential liability issues if you must terminate an employee. Keep these best practices in mind for your own…Read More→
How to Choose a Buyer Rep When Purchasing a Dental Practice
Choosing a buyer representative when you decide to purchase a dental practice is an important decision. Who you choose should first and foremost be an industry expert and help you identify and sort out the best opportunities for your situation. First Things First: Why Do I Need a Buyer Rep? Are you considering buying your…Read More→