BlogPosts

Category:
Displaying 1-25 of 105
1 2 3 4 5
Page 1 of 5
The Importance of Managing Cash Flow in a Dental Practice
Katie Collins, a Practice Integration Advisor with , helps dentists order their financial lives and reach financial peace of mind so they can better focus on what truly brings them joy.As a dentist, you work hard day in and day out. It’s natural to be frustrated and anxious when you get to the end...  Read More
Advantages and Disadvantages of Operating as a C Corporation
Mike McAninch is a Practice Integration Advisor with , where he specializes in helping dentists connect their money and their values to realize their most important financial goals.We’ve devoted several articles in recent weeks to evaluating the advantages and disadvantages of selecting certain...  Read More
Advantages and Disadvantages of Operating as an S Corporation
Tom Bodin, a Practice Integration Advisor with , works with dentists to help them achieve financial freedom through a comprehensive approach to wealth management.This is the second in a series of three articles on business entity selection. In our previous post, my colleague, Katie Collins, CFP®,...  Read More
Advantages and Disadvantages of Operating as a Sole Proprietorship
Katie Collins, a Practice Integration Advisor with , helps dentists order their financial lives and reach financial peace of mind so they can better focus on what truly brings them joy.As you graduate dental school, you typically must think about becoming an associate or purchasing your own...  Read More
Considerations When Running ‘Personal Expenses’ Through Your Practice
Tom Bodin, a Practice Integration Advisor with , works with dentists to help them achieve financial freedom through a comprehensive approach to wealth management.As a small business owner, you have opportunities to deduct expenses for income tax purposes that an employee of a larger organization...  Read More
Why Is Entity Selection Important?
Mike McAninch is a Practice Integration Advisor with , where he specializes in helping dentists connect their money and their values to realize their most important financial goals.Today we will begin dealing with some of the questions and concerns surrounding business entity selection for your...  Read More
Some Thoughts about Employing Your Children in Your Dental Practice
Katie Collins, a Practice Integration Advisor with , helps dentists order their financial lives and reach financial peace of mind so they can better focus on what truly brings them joy.Each year, right around October or November, dentists are inundated with year-end tax-planning tips. One that...  Read More
Thoughts About Employing a Spouse in the Practice
Mike McAninch is a Practice Integration Advisor with , where he specializes in helping dentists connect their money and their values to realize their most important financial goals.There are a number of good reasons to employ your spouse in your practice. However, before you start generating...  Read More
How Do I Know When It’s Time to Replace My Associate Dentist?
Tom Bodin, a Practice Integration Advisor with , works with dentists to help them achieve financial freedom through a comprehensive approach to wealth management.Associates can be a great addition to a practice and beneficial to your career. They can provide the office with greater production...  Read More
Should I Consider Hiring an Associate Dentist?
Katie Collins, a Practice Integration Advisor with , helps dentists order their financial lives and reach financial peace of mind so they can better focus on what truly brings them joy.We come across this topic about once a week. For instance, a client may loosely mention that he or she is thinking...  Read More
Major Mistakes to Avoid When Selling a Practice
Tom Bodin, a Practice Integration Advisor with , works with dentists to help them achieve financial freedom through a comprehensive approach to wealth management. Previously, my colleague, Mike McAninch, outlined : going it alone, seeking a win/lose, and agreeing to the wrong sale price. Not...  Read More
Purchasing a Practice: What Is a Fair Price?
Mike McAninch is a Practice Integration Advisor with , where he specializes in helping dentists connect their money and their values to realize their most important financial goals.My colleagues and I will spend the first few months of this new year focusing on various aspects of dental practice...  Read More
Do I Have to Pay Income Taxes or Estate Taxes on My Inheritance?
Katie Collins, a Practice Integration Advisor with , helps dentists order their financial lives and reach financial peace of mind so they can better focus on what truly brings them joy.In 1789, Benjamin Franklin wrote, “Our new Constitution is now established and has an appearance that promises...  Read More
What Is a Living Trust and How Does it Work?
Mike McAninch is a Practice Integration Advisor with , where he specializes in helping dentists connect their money and their values to realize their most important financial goals.Most estate plans include a will that identifies who should receive your assets upon your death. Under most state...  Read More
Establish an Estate Plan Aligned with Your Objectives: What Is Probate and Why Should I Avoid It?
Tom Bodin, a Practice Integration Advisor with , works with dentists to help them achieve financial freedom through a comprehensive approach to wealth management.Throughout the year, my colleagues and I have touched on various strategies for estate planning. With the passage of last year’s tax...  Read More
Coffee Talk: Year-End 2018 Tax-Planning Considerations
Katie Collins, a Practice Integration Advisor with , helps dentists order their financial lives and reach financial peace of mind so they can better focus on what truly brings them joy.“The days are long but the years are short.” Becoming a new mother this year, this statement has never rang truer...  Read More
Common Pitfalls of Business Startups
 Mistakes can happen to the best of us, but when dealing with a business, even a seemingly small mistake can be costly! We’ve identified five common pitfalls made by entrepreneur dentists – know them and avoid them:    Read More
71: The Secrets Every Dentist Should Know With Doug Fettig.
In this episode I interview the wonderful keynote speaker Doug Fettig. Now Doug was the keynote speaker in the event I went to in San Diego called The Business Side of Dentistry, amazing speaker, outstanding knowledge bombs were dropped by this guy! In this episode we dive into so many topics…. all...  Read More
Establish an Estate Plan Aligned with Your Objectives: What Is a Living Will?
Tom Bodin, a Practice Integration Advisor with , works with dentists to help them achieve financial freedom through a comprehensive approach to wealth management.One key element of a comprehensive financial plan is a proper estate plan. While this can feel like a morbid topic, it is the unfortunate...  Read More
What Is a Springing Power of Attorney and Why Do I Need One?
Katie Collins, a Practice Integration Advisor with , helps dentists order their financial lives and reach financial peace of mind so they can better focus on what truly brings them joy.Planning for death or disability isn’t something most clients eagerly check off their to-do list. My husband and I...  Read More
Establish an Estate Plan Aligned with Your Objectives: What Are a Good Estate Plan’s Essential Elements?
Mike McAninch is a Practice Integration Advisor with , where he specializes in helping dentists connect their money and their values to realize their most important financial goals.First, a word of caution. A competent attorney should prepare all estate-planning documents. This is not a...  Read More
Manage Risk Through Proper Insurance Coverage: Why Do Dentists Need Overhead Expense Disability Insurance?
Tom Bodin, a Practice Integration Advisor with , works with dentists to help them achieve financial freedom through a comprehensive approach to wealth management.In 2014, a highly skilled endodontist and practice owner was walking in a mall. Slightly distracted as she was entering a store, she...  Read More
Manage Risk Through Proper Insurance Coverage: How Does Personal Disability Insurance Work?
Katie Collins, a Practice Integration Advisor with , helps dentists order their financial lives and reach financial peace of mind so they can better focus on what truly brings them joy.Dr. Smith was out running errands one Saturday morning. As he was getting ready to enter a store, he didn’t...  Read More
Manage Risk Through Proper Insurance Coverage: Is Life Insurance a ‘Good Investment’?
Mike McAninch is a Practice Integration Advisor with , where he specializes in helping dentists connect their money and their values to realize their most important financial goals.From time to time, a dental client will share with me a life insurance illustration from an agent touting the policy’s...  Read More
6 Factors when Valuating a Dental Practice
The process of valuating a dental practice before selling is not only necessary for the  is best. Here is what you can expect to provide during that process.UpgradesShould you ? Yes, if selling within five years; no, if selling within a shorter amount of time. Upgrades can be as small as getting...  Read More
Displaying 1-25 of 105
1 2 3 4 5
Page 1 of 5

Total Blog Activity

761
Total Bloggers
7,949
Total Blog Posts
2,853
Total Podcasts
1,275
Total Videos

Sponsors

Townie Perks

Townie® Poll

What do you use to take routine X-rays?


  

Site Help

Sally Gross, Member Services
Phone: +1-480-445-9710
Email: sally@farranmedia.com

Follow Dentaltown

Mobile App

WITH DENTALTOWN . . . NO DENTIST WILL EVER HAVE TO PRACTICE SOLO AGAIN®

WWW.DENTALTOWN.COM - WHERE THE DENTAL COMMUNITY LIVES®

9633 S. 48th Street Suite 200 • Phoenix, AZ 85044 · Phone: +1-480-598-0001 · Fax: +1-480-598-3450
©1999-2019 Dentaltown, L.L.C., a division of Farran Media, L.L.C. · All Rights Reserved