Category: Dental CPA Blog

Hi! I opened my office brand new build out since July 13th. I’m struggling with staff turnaround, training. My overhead is 35K for month. Can I get advice in regard to best marketing? How long does it take to pick up the practice? I am kind of nervous about the overhead and running out of…Read More→

Well, I did it..I started my 2 operatory “little-engine-that-could” practice! A little background – I work at a FQHC 2 days/per week which is located an hour from where I live and where my new practice is located. I’m at my new practice 3 days/week and have been doing so for a little over three…Read More→

I would appreciate it if you can help me with this. I’m planning to place an offer on a practice, main highlights: • Blue collar area, mainly seeing all kinds of insurance • Overhead 60% • Collection : 2010: 434k, 2009 :300k, 2008 :300k, main reason new owner came on board in 2010, 2011 year…Read More→

Below is an article from our friend Dr. Thomas Snyder, the Director of Practice Transitions for the Snyder Group. Most recent grads have in excess of $200,000 in dental education debt. Many of them may feel that they have to work as an associate for many years before even considering purchasing a practice. We have…Read More→

Here is another blog post from our friends at the Dental Office Designers. Showcase and protect your art – whether the value is in memories or monetary. • Use accent lighting so that viewers can appreciate the art’s true beauty • Professionally install security locks on the back of your artwork to prevent theft •…Read More→

Our friend Carl Guthrie of ETS Dental has kindly allowed us to share these valuable tips for dental associates/specialists in assesing their offer. If you are looking for a dental practice to join, your first call or email should be to Carl. You’ve had the interview and the practice makes an offer. Now what do…Read More→

Our friend Carl Guthrie of ETS Dental has kindly allowed us to share these valuable interview tips for dental associates/specialists. If you are looking for a dental practice to join, your first call or email should be to Carl. Be open to a variety of opportunities. Go to every interview you can. It never hurts…Read More→

I recently did some cosmetic upgrades to my office, but my adec unties and J-chairs are functional, but 20+ years old. I have an older CEREC red unit and am considering an upgrade to the blue. I don’t want to get stuck with super high interest rates if the economy tanks, so am considering the…Read More→

We’ve started the process of compiling our dental practice benchmark statistics based upon 2010 data and the initial results compared to five years ago are a little surprising to us. Since 2005 the US economy has gone through a downturn, a recession by most standards, and we were curious to see how that may have…Read More→

Here are 11 reasons why using a dental CPA is preferable to an accountant who isn’t dental specific. We’d love to hear your suggestions for other reasons as well. 11. Your accountant doesn’t know the difference between a prophy and a root canal. 10. Your accountant doesn’t know how participation in insurance plans affects the percentage of…Read More→