The end of year is not only a time for celebrations and reconnecting with family, but also a time when practice owners often express appreciation to their dedicated team. There’s no doubt, recognizing the hard work and loyalty of staff members through holiday bonuses...
When Benjamin Franklin said that the only things certain in life were “death and taxes” most people didn’t consider that they may be closely linked. But problems with taxes can lead to the death of your dental practice unless you take steps to keep the IRS and local...
Would you believe me if I said money is very often NOT the most important factor in the eyes of your employees? Well… it’s true. While pay is undeniably an essential factor in attracting and retaining team members in your dental practice, it is far from the sole...
First, just a warning. I’m going to start off with a bit of a negative tone with this post. However, it comes from a place of caring… by fully understanding the impact that unwanted turnover can have on your practice, my hope is that you’ll be motivated to take the...
In the often-confusing world of HR and employment law, it’s crucial for dental practice owners to discern between exempt and non-exempt employees. This classification has important implications, especially when it comes to wage and hour regulations and overtime...
I’ve heard I should track every single expense. Is that true… does it REALLY matter?. YES, it’s true and YES… it does matter (if you want to maximize the profitability of your dental practice!) Recording all deductible expenses is crucial for dental practices for...
