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Handling Dental Accounts Receivable When Purchasing a Practice

When it comes to purchasing a dental practice that’s already up-and-running, presumably you’re doing so because it’s an already viable business that has its own built-in client list and is...

May 23, 2019

How to Grow Your Practice on a Minimal Budget

I had the pleasure of attending a presentation by Dr. Michael Sernik who built his dental practice with no advertising. Sernik, a pioneer in his field, had some incredibly valuable...

Apr 30, 2019

It’s almost the end of the year, are your records ready

Keeping good records is incredibly important, which is probably why we mention it in every other post. Whether we’re talking about your policies and procedures, your accounting documents or your...

Nov 26, 2018

How to hire great staff for your dental clinic

The busy season is upon us, so you might be in the process of hiring a new staff member. Or perhaps you’re thinking and hoping to grow your clinic by...

Nov 16, 2018

Is it time to upgrade the payroll system for your dental clinic?

Lately, we have seen a lot of systems that are not efficient and up to par to properly serve dental practices. These systems don’t allow the user to access important...

Sep 25, 2018

6 major reasons that dental clinics fail

Everyone needs a dentist, right? So it would be fair to think that opening a dental practice – pending you have the appropriate education and experience – would be a...

Sep 25, 2018

Tips for avoiding common cash flow issues

Chances are anytime there’s the word “issue” you want to avoid it, the case of cash flow issues is no different. To avoid cash flow issues it’s important you know...

Aug 28, 2018

Streamline your business payments to save time and improve your cash flow predictability

Streamlining your business payments can both save you time and improve your cash flow predictability. Being able to predict your cash flow helps to improve your cash flow in general,

Aug 28, 2018

Creating a basic financial contingency plan for your dental practice

What happens if one day you can’t come into work. On the grand scheme of things, one day does not seem like a long time but it adds up. Just...

Aug 28, 2018

How documenting processes can help you scale up

Over the years the idea of documenting processes has often been ignored or considered a lost cause. The documents are often not updated and the traditional format (binder or word...

Jul 30, 2018

How adding 5 minutes to your schedule can help save your clinic money

Every day happy clients leave your office smiling. Before they step out your door, they swipe their debit or credit card, hand you a wad of cash or work out...

Jul 29, 2018

Understanding your income statement and balance sheet

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...

Jun 26, 2018
Accounting for the Ambitious

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