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Writing A Business Plan Series-Step 2: Mission, Vision, & Core Values

Writing A Business Plan Series-Step 2: Mission, Vision, & Core Values

Step two of writing a business plan is to define your dental practice's mission, vision, and core values.
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The True Cost of Raising Wages in Your Dental Practice

The True Cost of Raising Wages in Your Dental Practice

An example of the tax benefit of giving employees a $1.00/hour raise in an average dental practice.
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Tips for Traveling Safely This Summer

Tips for Traveling Safely This Summer

Follow these common sense tips to travel safely with your family this summer.
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Employee Retention Strategy: Stay Interviews

Employee Retention Strategy: Stay Interviews

Conducting stay interviews is a great strategy to increase your employee retention rate.
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Writing a Business Plan Series - Step 1: Determining Your Audience

Writing a Business Plan Series - Step 1: Determining Your Audience

The first step to writing a business plan is to determine your audience. To do so, first, identify your intention.
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Saving for College: Start a 529 Plan Today

Saving for College: Start a 529 Plan Today

Now is the time to help your kids pay for college by starting a 529 Plan.
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Writing a Business Plan Series – Step 10: The Executive Summary

Writing a Business Plan Series – Step 10: The Executive Summary

The executive summary is a one-page description of your practice, its goals, & your explanation of how it will succeed
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Annual Shareholder Meeting: Recommendations

Annual Shareholder Meeting: Recommendations

Recommendations for holding & documenting an annual shareholder meeting.
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ERC Warning: Be Cautious of ERC Solicitations

ERC Warning: Be Cautious of ERC Solicitations

The IRS issued warnings for small business owners to beware of ERC fraud. Be cautious if you receive third-party solicitations that claim you qualify for the ERC.
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Preparing Your Practice for an Economic Downturn

Preparing Your Practice for an Economic Downturn

Implement best practices now to be better prepared for the effect of an economic downturn on a practice.
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Production-Based Bonuses: Best Practices

Production-Based Bonuses: Best Practices

Production-based bonuses incentivize your team to produce at their highest level. Consider these best practices when designing a bonus structure for your dental practice.
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Protest Your Property Tax Appraisal by May 15th

Protest Your Property Tax Appraisal by May 15th

To protest your property tax appraisal, file a Notice of Protest with your appraisal district by May 15.
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Writing a Business Plan Series – Step 9: The Financial Plan

Writing a Business Plan Series – Step 9: The Financial Plan

The financial plan briefly summarizes your practice’s current status & projections for future financial performance. Here is a list of elements to include in the financial plan section of your business plan.
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2023 Updated Retirement Limits & Caps

2023 Updated Retirement Limits & Caps

The new retirement contribution amounts have changed for 2023 to keep up with inflation. Here are the new contribution amounts for 2023.
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The Benefits of Paying Your Kids from Your Practice: ROTH IRA

The Benefits of Paying Your Kids from Your Practice: ROTH IRA

There are significant benefits to employing your children in your practice. The most powerful benefit is the ability to fund a ROTH IRA.
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