Strategic Cash Flow Management in Your Dental Practice
Cash flow management much be done strategically and should not be based on an emotional aversion to debt.
Writing A Business Plan Series - Step 3: The Company Description
The company description of your business plan explains your practice in detail & should include several elements.
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.
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.
Employee Retention Strategy: Stay Interviews
Conducting stay interviews is a great strategy to increase your employee retention rate.
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.
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
Annual Shareholder Meeting: Recommendations
Recommendations for holding & documenting an annual shareholder meeting.
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.
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.
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.
Fund your IRA for 2022 & 2023 Today
You have until April 15, 2023, to fund your IRA/ROTH IRA account for 2022. It’s best to also fund your account for 2023 at the same time to get it taken care of early.