Money

A special guide to cost segregation depreciation and the dental practice
A special guide to cost segregation depreciation and the dental practiceThere are few financial advisors (and even fewer dentists) who have ever heard of cost segregation depreciation. Dentists are constantly requesting tax advice from their CPAs as well as their financial advisors and consultants.
Top 5 compensation mistakes dental practices make Compensation is one of the most complex operational systems in your dental practice. However, when implemented effectively, compensation can be a catalyst for growth, motivation and enhanced morale and performance.
Special request dental practice valuations: Their purpose and their cost
Special request dental practice valuations: Their purpose and their costThere are many sources for dental practice valuations prepared for a buyer or a seller of a dental practice to assist in determining the asking price, size of the practice, background information, and infrastructure, among other important details.
The 10 worst ways dentists try to save money
The 10 worst ways dentists try to save moneyBenjamin Franklin famously opined, “A penny saved is a penny earned.” And while that chestnut of wisdom is certainly true as a guiding philosophy for success in life, it can be taken too literally. What may seem like smart cost savings measures can take a more deleterious toll on the doctor’s practice than doing it the right way in the first place.
Academy of Dental Management Consultants Corner: Is fee-for-service dentistry becoming extinct?
Divorce and the financial toll on the dental practice
Divorce and the financial toll on the dental practiceWhat is the financial result when the goodwill intangible value is less than the tangible value of a dental practice? What spousal rights emanate from this type of dental practice valuation result?
Top financial mistakes most dentists are making [VIDEO]Tim McNeely, CFP, CIMA, says financial planning and dentistry are more similar than most people probably think. It wasn’t until McNeely married a dentist that he discovered the similarities.
3 ways to improve the cash flow in your dental practice
Sunshine Act FAQ: 6 common questions about Open Payments for dentists
Why and How Business Intelligence and Data Analytics Will Benefit Your Dental Practice