I am in my 4th year of a scratch startup and the practice’s collections are on track to reach $1.2 mil this year. YTD the profit margin is only 16%. I’d say 10-15% AFTER “normal” comp for the doctors. I know the Levin Group says it should be 38-40%. That’s what a SOLO doctor NETS […]
Tag: starting a dental practice
Six Steps to Starting a Practice
Here is an interesting blog we found from one of our Institute of Dental CPAs partners. Send your questions to Tim Lott, CPA, CVA at tlott@dentalcpas.com For more information or to sign up for our newsletter, please contact info@dentalcpas.com Follow us on Twitter, Facebook and Pinterest
Dental Scratch Start Up Questions
I’m currently working to hone my clinical skills, which no doubt have grown tremendously in the last year. I’m also living well below my means and saving my money for a potential future practice. I’m thinking about a startup, which will be financed a lot through my earnings and the rest on loans. I plan […]