PROACTIVE PLANNING
FOR NEW DENTISTS
A FINANCIAL PLAN FOR YOUR NEW CAREER PATH
You’ve invested in your business; now it’s time to invest in yourself! If you are a new dentist who has recently bought into or acquired a new practice with existing patient flow, developing a custom plan early is essential for reaching your unique long-term goals.
This program includes CWA’s full business planning and personal financial planning services from a dedicated team of advisors, ready to help you leverage your new business to catapult your goals through a tax-advantaged savings strategy. With our Proactive Planning program, your financial future can begin with greater ease and reduced stress.
Business Planning for New Dentists
- Defining the corporate entity structure, which affects your current and future tax planning
- Establishing an efficient debt structure to tackle your new debt strategically
- Implementing a tax-effective payroll structure, including spousal salary from the practice, when applicable
- Production analysis & goal setting for the practice
- Review of business loan(s) and appropriate fees
- Tax allocation for the acquisition of a new office
- Benefits of establishing a new corporation versus “taking over” an existing one
- Fee analysis, including discussion of insurance acceptance and profitability
- Practice insurance needs and costs
- Examination of direct and fixed expenses
- Practice break-even analysis
- Efficient pension plan design to maximize savings and minimize taxes
- Tax planning strategies for your business, including what to deduct and when
- Planning for practice expansion, transition, or possible associate
Personal Financial Planning for New Dentists
- Personal budgeting for the household and financial goal setting
- Debt management and tax-efficient debt reduction planning
- Personal income tax planning
- Detailed review of insurance coverage
- Education savings plan for dependent children and review of the most advantageous investment choices
- Reviewing estate plans to ensure bases are covered for you, your spouse, and your beneficiaries
- Analysis of other critical issues that are important to you
- Investment analysis and asset allocations are designed to help you reach your goals within your risk tolerance
Connect With Us

Address
17 Cowboys Way
Suite 300
Frisco, TX 75034

Phone
t: 972.233.3323
f: 972.663.3799

Hours
Monday through Friday, 8 a.m. – 5 p.m.