The word “marketing” can have several meanings based on the perspective of the end user. While some view marketing as a sales effort with the primary role of gaining business, others use “marketing” to describe the overall promotion of a practice (the brand). Sales and positive branding are both important in overall practice growth….Read More→
Category: Dental CPA Blog
Trick or Treat: Tips to Stock Up on Financial Treats
When it comes to money, you want treats, not tricks, here are a few financial tips to avoid tricks and boost up the treats in your practice’s overall finances: Differentiate a “Need” from a ”Want” It’s a bad idea to spend more than you’re bringing in. When deciding to make large equipment purchases for…Read More→
Questions to Consider When Creating a 50/50 Partnership
While practicing in a partnership or group practice has its advantages, such as sharing management responsibilities, marketing duties and operational costs, there also can be a few drawbacks of a group practice. One of the biggest mistakes dentists make it not having a comprehensive agreement to manage the partnerships. If you are considering a 50/50…Read More→
What’s Most Important To You When Looking To Purchase A Practice? Part V
This is part five and the final part of my five part blog on “What’s most important to YOU when looking to purchase a practice? In case you missed part I, there’s a great thread on www.dentaltown.com asking this question and it got a lot of great feedback from people with different perspectives. As a…Read More→
What’s Most Important to You When Looking To Purchase A Practice ? Part IV
This is part four of my five part blog on “What’s most important to YOU when looking to purchase a practice ? In case you missed part I, there’s a great thread on www.dentaltown.com asking this question and it got a lot of great feedback from people with different perspectives. As a reminder, I won’t…Read More→
What’s Most Important To You When Looking To Purchase A Practice ? Part III
This is part three of my five part blog on “What’s most important to YOU when looking to purchase a practice ? In case you missed part I, there’s a great thread on www.dentaltown.com asking this question and it got a lot of great feedback from people with different perspectives. As a reminder, I won’t…Read More→
What’s Most Important to You When Looking to Purchase a Practice? Part II
This as part two of my five part blog on “What’s most important to YOU when looking to purchase a practice ? In case you missed Part1, there’s a great thread on www.dentaltown.com asking this question and it got a lot of great feedback from people with different perspectives. As a reminder, I won’t be…Read More→
What’s Most Important to You When Looking to Purchase a Practice? Part 1
My good friend and fellow townie (that’s what we call members of dentaltown.com, the forums board) Dr. Tom Bonsack posted a great thread on dentaltown with that question, “What’s most important to YOU when looking to purchase a practice?” It got a lot of great feedback from people with different perspectives so I thought I’d…Read More→
What’s On Your Bucket List For Your Next Chapter Of Life?
If you are planning to transition out of your practice, having enough retirement money is extremely important. You’re on the verge of finally pursuing your other goals and dreams outside of your practice, and now it the time to ensure that you have the proper finances to enjoy your next life chapter.
Fraud Awareness in the Dental Office
At a holiday party, Dr. Savchuk ran into an ex-patient. He inquired as to how the patient was doing with her new insurance. The patient told him they had not changed insurance. They asked Dr. Savchuk, if he got his computer system fixed.