Should You Buy the Accounts Receivable
A common question that dentists ask, before purchasing a practice, is if they would benefit from purchasing the accounts receivable. The answer will sound like it’s coming from a lawyer. It depends.… Continue On +
Shedding Old Habits
Why is it so hard to implement good habits? Part of the reason is our brain cannot tell the difference between good and bad habits. According to researchers, bad habits are always… Continue On +
Consider Conflict for Generating New Ideas
Are you struggling to find innovative ideas for your practice and team? Maybe what you need is a little conflict. This is not the same conflict that keeps you up and night… Continue On +
The Clash over Full-Mouth Debridements
Few dental procedures cause more controversy between front and back teams than full mouth debridements. Not only is the procedure difficult to say, it’s also challenging to get insurance companies to pay… Continue On +
Planning in 2012 for 2013 Tax Law Changes (Part II)
Following are the next series of tax law changes (continued from Part I) that you should anticipate and plan for in 2012 as a result of the expiration of the “Bush Tax… Continue On +
Top Ways Dentists Get Into Trouble
One of the most effective ways to stay out of trouble with the Board of Dentistry, American Dental Association (ADA), and dental insurance companies is to understand some of the top reasons… Continue On +
Protecting Your Petty Cash
Imagine a small unlocked box full of cash sitting out of sight from its owner. What are the chances someone might see this as an opportunity to just take a little money? … Continue On +
Consider Your Legacy
What do you plan to do when you’re 97 years old? If you’re like John Dobson, you’ll travel the country helping people connect with the cosmos. As reported in the current issue… Continue On +
Your Best Defense in a Dental Insurance Audit
What would an insurance audit uncover in your dental practice? Even if you have nothing to hide, you may still have potential liability. What typically sinks the ship for dentists is the… Continue On +
Management Lessons from the Underground Railroad
So you think you have management headaches. Imagine trying to orchestrate the transfer of slaves to freedom prior to the Civil War. Men, women, and children, most of who were frightened out… Continue On +
Personal Expenses and the Corporate Account
Commingling personal expenses and business expenses is a bad idea for multiple reasons. A prudent business owner needs keep the expenses separate and it is important to understand that even if you… Continue On +
Planning in 2012 for 2013 Tax Law Changes (Part I)
With the recently “upheld” Health Care Reform Act (HCA) and the “Bush Tax Cuts” (BTC) expiring, we are expecting some big tax changes for 2013. This presents some tax planning opportunities that… Continue On +