Opportunities and Leadership

Working with practice owners every day, I’m impressed by the scale of opportunity that exists for them to thrive, to be profitable, and to enjoy their career as a rewarding experience. And importantly, to use the profitability of their practices to further their personal life goals. So many of our clients are true seekers of financial independence. I applaud them for their efforts. I personally derive great satisfaction in helping them and witnessing them succeed. I acknowledge the pressures...Read More

Hiring in 2019

It was a chilly January evening and the room was bursting with optimism as prideful families watched teary eyed as students became graduates. Among the group were your future and very eager Dental Assistants & Dental Hygienists ready to join the work force. I was fortunate to be sitting on stage alongside the faculty and staff of a prominent career college that had invited me to deliver the commencement speech. I spoke about perseverance and strategies for the job hunt ahead of them. But...Read More

Tesla Credit

Buying a Tesla?   Might want to do it now. You will never, ever, hear me tell a client to buy a Tesla as a tax savings opportunity.  Well, except for maybe right now… At the date of this writing, December 11, 2018, there are 20 days left to buy a Tesla and receive the full $7,500 federal tax credit.  The hybrid auto credit available for each hybrid manufacturer is set by law to decrease, and ultimately expire, once 200,000 sales occur.  For Tesla, this mark was reached in September of...Read More

Protecting Production

Let’s face it. Dentistry is can be rewarding, very lucrative and fun. What other profession allows you to hand out free toothbrushes and, at the same time, change the lives of thousands of your friends who visit you throughout the year?  But dentistry can also be challenging, tedious and strenuous, especially physically. Some of you out there will want to practice until the day before your funeral while some of you are thinking, “Can yesterday be my last day?”  Eventually though, the...Read More

Clearing up some common Cash Flow Misconceptions

Draws Versus Taxable Income   Business owners often believe that they get taxed on the cash they withdraw from a business.  Generally speaking, withdrawals (aka draws, distributions) don’t drive taxation.  Rather, taxable income is driven by the profits earned by the business, whether distributed or not.  The one exception to this rule is when distributions exceed a taxpayer’s “basis”.  In its simplest form, basis is the accumulated (and previously undistributed) profits and...Read More

The art and science of Social media marketing for dentists

To successfully market a dental office on Facebook, Instagram or any other social media platform, you need to spend a good amount of time creating and posting different forms of media and messaging. The beauty of the digital age is that you no longer have to guess what your audience wants because through data they WILL tell you! In this article I will provide you with a few things you can do to see immediate results in you online marketing efforts. When building an ad the first thing is to try...Read More
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