Posts Tagged ‘Dental’
How Dentists Can Avoid Costly Audit Mistakes
At a glance Schedule a consultation with Aprio today The full story: The word, “audit,” can strike fear in the heart of any practice owner, and it’s easy to understand why. Audits can happen at any time, and they can be complex and time-consuming. But I am here to debunk that myth and hopefully ease…
Read More4 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 MoreThe End Game: Critical Steps to Prepare Your Dental Practice for a Transition
At a glance Put your financial house in order: Dentists must ensure their financial statements are clean, accurate and consistent to secure the highest value for their business in the marketplace. Strategize next steps post-close: The structure of the deal also plays a significant role in the tax implications buyers and sellers face once the…
Read MoreDentists: 7 Steps to Create a Legacy That’s Built to Last
At a glance The main takeaway: Many dentists are preoccupied with the here and now of running their practices, but advance planning is paramount to creating a legacy they can pass down through generations. Impact on you: There are several steps dentists can take to lay a strong financial foundation, from estate planning and insurance…
Read MoreTo Sell or Not to Sell? Best Practices for Assessing a DSO Offer
At a glance Schedule a consultation with Aprio today The full story: Two things might be happening in your dental office right now: The first is that you are gearing up to sell your dental practice and have received an offer from a dental service organization (DSO); the second is you open up your mail…
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…
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