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.
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.
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.
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.