Even in the busiest of times, it is imperative to keep on top of your practice’s accounts receivable and payable. But even with the most diligent of practices, there may be times when something seems off, and your account doesn’t reflect all of the work put into your practice. If this occurs, it is time…
Published by Matt Scherer When you first dreamt of having your own dental practice, you likely didn’t think through all of the steps it would take to get to that dream. Whether you are still in dental school, recently purchased a practice or have had a practice for a few years, it is always a good time to work…
Published by Joe Gordon We attended our first Chicago Dental Society Midwinter Meeting at McCormick Place in February. This was a fantastic experience. The event boasted nearly 29,000 attendees from all over the U.S. and beyond. The exhibit hall housed more than 600 exhibitors showcasing their products and services. Attendees could choose from 200 continuing education courses, workshops, lectures,…
Published by Matt Scherer For any recent dental school grad or dentist early in their career who is thinking of purchasing an existing dental practice, a retiring dentist is a great resource who can help guide you through a smooth transition. When taking over a dental practice with an established client base, ideal location and new equipment can be…
Published by Joe Gordon Is your dental practice ready for your retirement? Even if you are just starting to consider this option – it is wise to start your succession planning now. All dental practice owners will eventually be faced with succession planning. It makes good sense to develop a plan now instead of waiting until it is too…
Published by Matt Scherer Why You Need To Know The Value Of Your Business While no two businesses are exactly alike, one of the most common traits that all business owners possess is passion. Not only has this passion allowed you to be able to provide for yourself and your family, in many cases it has allowed you to…
Published by Mary Beth Koester Dental Practice Advisory & Transitions Firm Donates $4,000 To Charity PMA Practice Transitions, a regional practice advisory and transitions firm, announces that it has donated more than $4,000 to 15 local organizations since the inception of its “giveback” program; further embracing the company’s efforts to make a positive impact in the communities it serves. A…
Published by Matt Scherer It seems as though every few weeks you hear about another cyber threat – scams, viruses, security breaches, Ransomware – take your pick. These menaces take quite a financial toll on companies worldwide. Unfortunately, no is immune to these cyber threats – not even your dental practice. It is crucial to ensure your practice is…
Published by Matt Scherer As a dentist, do you sometimes find yourself with extra time or referring a decent amount of work to specialists such as periodontists or endodontists? While that is great for building professional relationships, that is money you may be able to keep in your own practice if you add a specialty or two to your…
Published by Joe Gordon The end of the year will be here before you know it. This is the perfect time to reflect on what kind of year it was for you and your dental practice. Here are a few questions you should be asking yourself to determine the success of your dental practice. How did you grow as…