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By: Erik Neilson Ah, taxes. They’re enough to cause a great deal of anxiety for dental practices of all shapes and sizes, especially when crunch time arrives. It may not be April, the time to focus on 2017 taxes for your practice will be here before...
For most people in the dental accounting field, becoming overwhelmed as a result of the workday is a regular experience. Some thrive off of on-the-job stress and balance it with exercise and healthy eating, while others succumb to the pressure and may even find themselves...
A dental accountant can do a great deal to help push their practice in the right direction financially. From overseeing the books with a critical eye to identifying ways in which to cut costs around the office, strong accounting principles can often make or break...
Ask most dental practice managers, and chances are they’ll tell you that they’d like to see their practice grow. With growth, however, comes a number of different challenges, chief among them being space. A practice that starts off in a tiny location may inevitably outgrow...
When it comes to forecasting the future, no dental accountant has a crystal ball in front of them. That said, being able to get a sense of how cash flow and other financial elements may look in the months or years ahead is an exceptional...
One of the scariest thoughts that dental accountants have is chasing away potential patients due to raising practice fees. It’s an understandable concern, especially when you consider the fact that many people attempt to cut costs whenever possible. The fact is, however, raising fees can...
It’s no secret that dental accountants sometimes wear many hats. While some handle only the financial side of the business, others find themselves operating as veritable practice managers in many cases, handling certain day-to-day operations that help push the practice in a forward direction. Often...
It’s no secret that technology is advancing at a rate never before seen in the past, which is a trend that’s likely to continue into the foreseeable future. This is especially true of technology in the medical field and in dentistry, where new forms of...
What is time? If you ask many people, they’ll tell you it’s the chronological equivalent of money. The whole “time is money” thing may seem overplayed, but there’s actually quite a bit of truth to the classic adage. Accounting can be a tedious, time-consuming process,...
There’s absolutely no reason why a dental practice cannot handle its accounting in-house. In many cases, taking care of the accounting process internally is an excellent way to save both time and money, not to mention the stress of having to wonder if the person...
