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Is your clinic ready for the fourth quarter of 2019?
The fourth quarter of 2019 is fast approaching, the question is are you and your dental clinic ready to tackle the busy season ahead? Summer was a great time to...
Getting a handle on your dental office supplies
The average clinic should be spending between 5.5% to 7% of revenue on dental office supplies. But sometimes we get a little over-excited, buy a few new products and end...
How Accounting & Bookkeeping Has Changed
Ten years ago if you wanted to rent a movie, you drove to your local blockbuster and picked up a DVD—or a VHS, depending on how old school you ran...
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...
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...
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...
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...
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...
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...
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...
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,
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...