Posts Tagged ‘Dental Practice’
4 Steps to Position Your Dental Associate for Success
At a glance Schedule a consultation with Aprio today The full story: You will reach many milestones in your journey as a dental practice owner. Though the milestones will differ based on your years of practice and the stage of your business, a common thread among all of them is the importance of proactive, strategic…
Read MoreDental – Q3 Economic Update Video
From the US midterm elections to inflation uncertainty, several factors are poised to shape our economy headed into next quarter and 2023. Watch this video to learn the key economic considerations dental practice owners should keep in mind to steer their businesses through the next phase with confidence.
Read MoreWant to Give Your Team a Holiday Bonus? Beware of Payroll Tax Risks
At a glance The main takeaway: Many dental practice owners offer cash or checks to their employees during the holiday season yet are unaware of the payroll tax risks that come with those gifts. Impact on your practice: Plan proactively to ensure your cash bonuses are incorporated into your payroll system or explore alternative gift…
Read MoreBuying a Dental Practice: Going from Associate to Owner
At a glance Start by connecting with our Dental Transitions Team. The full story: One of the most common questions we get asked by young dental professionals is, “How do I become the owner of a dental practice?” It can feel like a daunting dream, especially in today’s economy. What’s more, dental students are graduating…
Read MoreQ2 2022 | Dental Economic Update Video
In this video, Trent Watrous, Partner with Aprio’s Dental Practice Services, sits down with Caroline Galbraith, Director of Aprio Wealth Management and Simeon Wallis, Aprio’s Chief Investment Officer to go over the current market and what business owners like you can be to maximize your business opportunities. Please schedule a consultation with one of our…
Read MoreEfficient Payment Processes: An Unexpected Game Changer for Dentistry
At a glance Schedule your consultation with Aprio today The full story: The healthcare industry has started to embrace the benefits of tech-forward trends like electronic payments — but dentistry has been slow to jump on the bandwagon. In fact, according to the American Dental Association, electronic claim payments represented almost 75% of all claim…
Read More5 Critical Tasks Dentists Often Forget
At a glance Don’t miss the details: Many dentists don’t know they need to prioritize certain business-specific tasks because they are so focused on providing patient care. Impact on your practice: If you overlook key items like sales tax compliance, payroll taxes or updating your employee handbook, you could subject your business to unnecessary risks.…
Read MoreBefore Buying a Dental Practice, Take These 3 Steps
At a glance The main takeaway: Before buying a practice, dentists must know what type of buyer they are and the practice features they want to prioritize. They also must have their personal finances in order. Impact on your professional and personal goals: By laying the right foundation and developing a big-picture strategy ahead of…
Read MoreDentists: Is Your Practice’s Overhead Too High?
At a glance: Looking for more effective or creative ways to reduce overhead and boost profits? Aprio’s National Dental Practice can help. The full story It’s no exaggeration to say that overhead can make or break a general dentist practice. By definition, your overhead determines your profitability, and your profitability determines your practice’s ability to survive.…
Read MoreDentists: Are You Considering Your Patient’s Risk Tolerance?
At a glance: Partner with a dental CPA that will take as much care with your practice as you do with your patients. Contact us today to learn more. The full story: We’ve talked about risk as it relates to practice management, but it’s time to think about risk from a new perspective: the patient. Part of…
Read More