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Mar 1

Planning For An Associate

We all hear the dirge regarding associates…..all the plans to turn them into partnerships fail miserably! While this is the commonly held belief, it isn’t always the case. Some associates go on to be very happy partners and help to grow even more successful practices for both parties. What is it that makes so many […]

Dec 1

What’s in Your P & L

One of the first and most important requests we always have for our new clients is that they print a profit and loss report from QuickBooks.  While there’s no doubt that it’s good to let your accountant guide the financial end of the business, every business owner should be able to access, read and understand […]

Sep 1

Planning the Exit Strategy

When is it too soon to start planning what to do with the practice when you’re ready to retire? It’s a trick question, because the answer is that it’s never too soon. Every practice opening today will eventually be somebody’s nest egg, and it’s never too soon to start painting a picture of what that […]

Jun 1

Controlling your Practice

Every dentist who owns their own practice must wear two hats: clinician and small business owner. Dentist are taught how to be clinicians, but schools (due to time and budget constraints) must give little attention to the business owner side of owning a practice.  It is paramount to know what the financial status of your […]