What do you think is the best way to increase production and revenue? If your first answer was to acquire new patients: you aren’t alone. Most business owners think that scaling up their customer [...]
For as long as civilizations have been engaging in trade, methods of record keeping, accounting and accounting tools have been in use. Though the concept of accounting is relatively easy to [...]
Many dentists choose to work in one physical office and are able to produce enough dentistry and earn sufficient income to achieve all their financial goals. However, over the past few years, it [...]
Even though corporate DSOs (Dental Service Organizations) are growing at a rapid rate, the demise of the private practitioner is in no way imminent. According to the ADA, only 7.4 percent of US [...]
When you own your own practice setting your salary seems like a no-brainer. Pay your bills, pay your taxes, pay your staff and what’s left goes home with you. If only it were that simple. It [...]
Though every practice is different, the dental industry does tend to have a certain seasonality to it. Many see an increase in traffic during the summer months when children are out of school, [...]
No dental practice is the same, so why do so many professionals compare their practice to the one down the street? Considering all the decisions that go into owning and operating a practice, we [...]
According to an American Dental Association survey, 35% of dental practices have been embezzled once and 17% more than once. The actual percentages are probably much larger due to underreporting. [...]
More new dental practices are entering the scene each year, while patients are actually going to the dentist less and less. In a 2016 survey, the percentage of adults who visited a dentist or [...]
Congratulations! You’re at the point in your career where you’ve decided to bring a partner into your dental practice. You feel excited, but it’s understandable to feel overwhelmed at the level [...]
