Let me guess, of all the things required to run a successful medical practice I’d bet bookkeeping is not at the top of your “fun list.” We get it. It can be tedious, and it can require several hours each month depending on the size and complexity of your practice....
Let’s start with an honest self-assessment. On a scale of 1-10, how comprehensive and up to date are your bookkeeping processes? If you’re not sure or feel your current process is lacking, you’re not alone. All too often, practices are “flying blind” because they are...
While the financial experts and the politicians continue to debate whether we’ve officially entered a recession, three things are for sure. The economy has significantly cooled, inflation is at historic highs, and consumers and businesses are feeling the pinch! So,...
Good news… the COVID-19 pandemic is largely in the rear-view mirror these days. So, can medical practice owners expect smooth sailing from here? Well… not exactly. For several reasons (supply chain, inflation, the Russia/Ukraine war, and rising interest rates) we...
The post is part 7 of our series on what separates thriving dental practices from the rest. If you missed any previous part of this series, you can access it here. Best Practice #7: Four Reasons Smart Dental Practices Outsource Their Payroll If you are still...
The post is part 6 of our series on what separates thriving dental practices from the rest. If you missed any previous part of this series, you can access it here. Best Practice #6: Why Dental Practices Must Stay on Top of Tax Payments Ughh… we had to bring the topic...