General Reminder of Vacation Home Tax Rules
The Internal Revenue Code is clear that if you rent a vacation home for less than 15 days, the income and expense is not reportable at all. If you rent the home… Continue On +
Remove the Training Wheels
One of the most difficult aspects of hiring someone new is knowing how to effectively incorporate training. How long before you challenge a new hire? Someone once said, “If you wait until… Continue On +
Don’t Mistake Wishes for Goals
Someone once said, “A goal without a plan is just a wish.” Which brings us to the typical conversation between managers and their teams where wishes are mistakenly paraded around as goals.… Continue On +
You May Need to Stop Thinking Big
Why think big when so many breakthroughs are happening at the nano level? And what can you learn from nanotechnology to improve time management? Let’s start with computer memory. As you have… Continue On +
3 Ways to Enhance Your Leadership
If you want to add some polish to your leadership skills as you start a new year, consider the following three tips. First, challenge yourself and/or your dental team to do what’s… Continue On +
Innovation Requires Learning from Failure
Woody Allen once said, “If you’re not failing every now and again, it’s a sign you’re not doing anything very innovative.” And you don’t have to tell that to neuroscientist Reggie Edgerton,… Continue On +
What To Do If You Get Audited
You’re at home going about your day when the phone rings. When you answer, an unfamiliar voice tells you they are from the IRS, and they want to “examine” (audit) your tax… Continue On +
Imagine If You Were King
Imagine if you received a call one day letting you know you were king of a small country. What would you do next? That was a question confronting Peggy Bartels approximately five… Continue On +
Reviewing Your Company’s Trends in QuickBooks
One easy way to get a one-page review of your company’s income and expense trends is to pull up a Profit and Loss report and modify the report so that it gives… Continue On +
Important Questions
What kind of dentist do you want to be? How do you want your patients to view you? What kind of business do you want to run? What are your personal goals? … Continue On +
Increase Collections at the Time of Service
The most effective way to keep your outstanding accounts receivables under control is to get your dental patients to pay at the time of service. Seems simply enough. Yet if you want… Continue On +
Get More Referrals by Giving Patients What They Want
Why should your dental patients refer their friends and family to your practice? Answering this question can help you know whether you are promoting your practice effectively. The common answer I hear… Continue On +