Posts by Trent Watrous
How to Beat Inflation and Save More Money
In this video, you’ll learn: How inflation is affecting your personal finances Tools you can use to better manage your personal finances and save more money How to reinvest extra dollars back into your practice You visit the grocery store and see that a gallon of milk has increased in price from $4 to $4.75.…
Read MoreThe Top Benefits of Getting a Practice Valuation
Watch this three-minute video to learn the top four ways a valuation can be beneficial to your practice, and how you can obtain a valuation that illuminates opportunities to achieve your goals — from a future sale to a transition in ownership. The buzz around practice valuations has hit an all-time high — and after…
Read MoreIs a Cost Segregation Study Right for Your Practice?
Watch this short, two-minute video to learn: How cost segregation studies work in practice, through the lens of a relatable, real-world example Why a cost segregation study is a smart investment and tax planning tool for your dental practice in the here and now Discover how a cost segregation study can benefit your dental practice…
Read MoreVideo: Transforming your Dental Practice with Data, Automation and AI
Technology and artificial intelligence can create greater efficiencies and eliminate common operational errors — and with the right guidance, you can use both capabilities to boost economic growth in your dental practice. Watch Aprio’s Dental Partners and industry experts as they explain how you can leverage data, automation and artificial intelligence to solve common challenges…
Read MoreTax-Efficient Retirement Planning Tips for Dental Practice Owners
At a glance: Plan Today for Tomorrow: Though your business is your true passion and life’s work, it’s also important to develop a plan for what life after dentistry looks like. Slash Your Tax Bill: Not only will saving for retirement help you achieve your bucket-list goals, but it will also help reduce your business’s…
Read More3 Tips for Building Value in Your Dental Practice Before a Sale
At a Glance: Think Ahead: Whether you’re in the startup phase or retirement is still years away, it’s important to be proactive about building value in your dental practice to prep for a sale or transition in ownership. Lay the Foundation for Success: There are three tips you should consider if a sale is in…
Read MoreTop 3 Considerations For A Dental Startup: Starting or Buying a Dental Practice
At a Glance: So, You Want to Start a Business: How will you pay for your new practice? The bank and lending options are unlimited, which can be intimidating. Achieve Your Goal: You can better navigate the process of starting or purchasing a dental practice by answering three, key questions. Don’t Go it Alone: Partner with an experienced dental…
Read MoreTransform Your Practice with Technology
When you think about investing in your dental practice, your mind may gravitate to aesthetic enhancements — new exam chairs, sleeker office furniture or updated signage. But what about technology? Your patients are always looking for new tools to simplify their lives, from devices like Amazon’s Alexa to the latest smartphone model. And that means…
Read MoreDentists: It’s Time to Renegotiate Your Payer Contracts
When was the last time you renegotiated your fee schedule? What about your payer rates? Are there payers who are no longer adding value to your bottom line? These are vitally important questions that every dental practitioner and practice owner should consider. Allowing these areas of your business to go unnoticed poses a significant risk…
Read MoreDentists: Get Tips to Boost Your Practice’s Profitability
How do dentists examine their inner workings of a hygiene practice? Like many dental practice owners, you may not recognize that your hygiene practice is a business within your business. It has its own team, schedule, processes and trackable revenues — which means it can both improve and diminish your bottom line. In this video,…
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