Each month you are likely sent an income statement. An income statement shows you your practice’s revenues, costs and expenses over a predetermined period, so in the case of your monthly income statement it’ll show those over a period of one month. The information presented in an income statement is important because it helps […]

The average dentist should be spending between 5.5% to 7% of revenue on supplies. But sometimes we get a little over-excited, buy a few new products and end up blowing the supplies budget out of the water. Good news, we have a few tips to help you keep that budget under control! Assess how much […]

Bookkeeping is one of the many tasks dental clinic owners need to budget for, but that is often easier said than done. When considering bookkeeping services for your clinic the question of how much to pay is important. The truth is, there is no simple answer. Bookkeepers, like many professions, have varied skill sets and […]

  Tackle your A/R with proactive planning Accounts receivable (A/R) can be a slippery slope for a dental office, on one hand, you want the value-add to your clients of an assignment office but on the other hand, you don’t want to have thousands of dollars in an A/R balance. A/R balances can occur for […]

  What to consider before making a decision? Dentist are not required to follow the fee guide – so why would they? The fact is that whether or not you decide to follow the fee guide, it’s likely that it will impact your  business at some point in the future. Without doing your due diligence […]

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