So you’re ready to take the next step and start staffing your practice by hiring your first employee. Congratulations! This is a big step and it’s reason to celebrate. It’s also an important time to make sure you get a few tax-related items right to avoid problems...
There’s a saying in business, “You can go broke making a profit.” And another, “Cash is king. Profit is theory. As you know only too well, you don’t pay rent, meet payroll or pay your bills with profit. You pay them with cash. A dental practice can bring in healthy...
For many dental practice owners, the word ‘budget’ is about as appealing as the word ‘diet’. It seems to imply what you will go without, rather than what you will achieve. We get it. In fact in the midst of widespread rising costs, you may intuitively think that...
This blog is the last in our 3-part series dedicated to helping you gain more insight into the financial inner workings of your dental practice. Specifically, we’re diving into the three most important financial statements that every dental practice owner should be...
This blog is the second in our 3-part series dedicated to helping you gain more insight into the financial inner workings of your dental practice. Specifically, we’re diving into the three most important financial statements that every dental practice owner should be...
