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When I stop running my business, do I have enough income to retire?
In the last 30 years of working with health care professionals, we at Flasch International have noticed that there is an Exit Strategy missing. “When I sell my practice, do I have enough income to retire?” It is painful to see how the majority of doctors and busy professionals simply don’t...  Read More
Episode 9 - Deeper Dive: Balancing Your Equation
“If you find yourself questioning your decisions all the time, then you’re making the decision on an emotional high, and questioning on an emotional low.”  In my interview with Dr. Josh Bower he brought up an incredible theme: is your dental practice a hobby or a business? Am I so focused on my...  Read More
Where is the Student Debt?
         Student debt is an ever present reality, especially for medical/dental students. Since debt coming from medical/dental school is so large, it’s easy to just accept it as a reality forever and forget that you’re even paying for it. If that happens, debt will suck you and your practice dry....  Read More
With so many updates and changes for the new COVID back-to-work dental office protocols, it’s hard to keep up!  This is an important read for all Michigan Dental Practice Owners:  Did you know that the  that will be a required mandate through at least October 2021.   (per MI OSHA Law: , 1974 PA...  Read More
Turning A Blind Eye Is Becoming A Thing
I understand the dental practice broker’s job is to get the highest price they can for their client. As dental-specific CPAs that provide seller representation services, that is our goal as well. Apparently, the main difference is the willingness of some brokers to turn a blind eye to certain...  Read More
Episode 102 - It’s the Why, Not the What
“Dentists need to do a better job explaining to patients the why behind things happening with their mouth not the what.” When you look at the freedom productivity allows, it all comes down to great case acceptance. Unfortunately, because so many dentists are tied to insurance companies, they have...  Read More
3 Steps to Owning a Small Group Dental Practice
Gone are the days of one-owner dental practices. These days, owning a small group practice requires an increase in managerial responsibilities that private practices don’t often face. Here’s how the economies of scale and benefits of “grouping up” can be worth it from financial and logistical...  Read More
Employees vs Independent Contractors (Part Two of Two)
Transcript Jonathan: Hey everybody, Jonathan checking in here. Just so you know this is a two part episode, this is the second part of the episode. So if you've not listened to the first part yet you want to go back and listen to it in the prior weeks, we should have it labeled on the...  Read More
Here Comes the Government! Are You Prepared for a Medicaid Audit? (Dental Law Radio)
In the last few months, there has been a significant government crackdown on Medicaid fraud. Although your practice may not have engaged in any malicious activity, an audit can uncover poor recordkeeping which can turn into an expensive and painful experience. Stuart Oberman discusses the problem...  Read More
The WealthAbility Show Episode #89 - The Nitty-Gritty of Biden's Tax Plan w/ Kyle Pomerleau
The Nitty-Gritty of Biden’s Tax Plan The WealthAbility Show #89 - The Nitty-Gritty of Biden's Tax Plan w/ Kyle Pomerleau Joe Biden says his tax proposal to support a $6 trillion budget is aimed at corporations and high earners. In this episode of the WealthAbility Show,  Tom Wheelwright and Kyle...  Read More
The Deals for Dentists Podcast #51: Dr. Paul Goodman, Founder of Dental Nachos & Dentist Job Connect
Dr. Paul Goodman is a practicing general dentist and the managing partner of a group practice with two locations along with his brother, Jeffrey, in Mercer County, NJ. In 2017, Dr. Goodman founded Dental Nachos. Dental Nachos is dedicated to increasing the success and decreasing the stress of...  Read More
Howard Speaks: What is the best use of my dental office profit dollars?
What is the best use of my dental office profit dollars? What is the best use of my dental office profit? Only 60 of the Fortune 500 companies in 1955 were still listed in 2017. Over 50% of the S&P 500 has disappeared since 2000. Economist Joseph Schumpeter called this creative destruction in...  Read More
The Cost of Comfort
          In order to mitigate the fear of being at the dentist’s office, many of you go out of your way to make the patient as comfortable as possible. Sometimes there’s video games in the waiting room, sometimes there’s TV’s on the ceiling above the chairs. While it’s certainly a good practice to...  Read More
Episode 132: Is My Dental Practice Ready for Medical Billing?
Laurie Owens: So I started out working for Dr. Michael Cohen and, as most people know, Dr. Cohen is the epitome of continuing education. So within two weeks of being hired, and with no dental experience, I  was going to a CE course on bacteremia. And I sat next to our hygienist, Elizabeth, and...  Read More
Employees vs Independent Contractors (Part One of Two)
Full Transcript: Jonathan: Welcome to the Tooth and Coin podcast, where we talk about your adventure of being a dental practice owner. In these episodes, we're going to be talking about problems that you will likely face as a practice owner, as well as give an idea about actionable solutions...  Read More
Howard Speaks: Dentists could learn a lot from Pizza Hut
Dentists could learn a lot from Pizza Hut. Founded in 1958 by two brothers Frank and Dan Carney who borrowed $600 from their mom. They named it Pizza Hut because their sign only had room for eight letters, whereas dentistry has nine.  Dentists could learn a lot from Pizza Hut I want to personal...  Read More
Howard Speaks: Dentists could learn a lot from Sonic Drive-In
Dentists could learn a lot from Sonic Drive-In delivering service with the speed of sound. Founded in 1959 in Stillwater, Oklahoma by Troy Smith based on a new technology speaker box allowing you to stay in your car to order with your food deleted by a carhop. Dentists could learn a lot from Sonic...  Read More
Episode 7:  Ashley Whillans on Time Smart
In this episode, Dustin talks with Ashley Whillans about her book, Ashley Whillans on Time Smart: How to Reclaim Your Time and Live a Happier Life. You'll discover why four out of five adults report feeling they have too much to do and not enough time to do it, how these time-poor people...  Read More
Howard Speaks: Dentists Could Learn From White Castle
Dentist could learn a lot from White Castle, the first fast food restaurant in the U.S. which opened in 1921 at 110 West 1st Street in Wichita, Kansas. McDonald's didn’t start until 1940 and KFC was 1952. Founded by fry cook Walter Anderson and real estate agent Billy Ingram, they started selling...  Read More
Howard Speaks: Does your bookkeeper sit next to you?
Does your bookkeeper sit next to you? Does your bookkeeper sit next to you?  Does your bookkeeper sit next to you providing statistical analysis like NBA Dallas Mavericks owner Mark Cuban pioneered back in the day with coach Rick Carlisle sitting next to Roland Beech–like I’ve done with Lorie...  Read More
103 - Living Authentically as a Dentist with Dr. Maggie Augustyn
“I began understanding that patient relationships are key, and that me being me is key. And that changed everything, but I had to be me to connect with my patients.”  -Dr. Maggie Augustyn We all have ideas of what a dentist should be – knowledgeable, intelligent, in control.  But with the...  Read More
Howard Speaks: How to buy a dental office with no money down.
How to buy a dental office with no money down Back in the day, owners carried risk, but sellers had skin in the game. We didn’t have 3rd-party banks financing $1M+ dental practices to broke kids fresh out of dental school, getting their poor parents to co-sign, where if their kid couldn’t do the...  Read More
Episode #49: Charles Biami, Co-Founder of Driven Dental Implant Marketing
  Episode #49 Charles Biami Charles Biami Co-Owner & Chief Marketing Officer of Driven Dental Marketing Stop Generating Leads, Get Patients Instead. We discuss how focusing on high-value dentistry can be a path to a fulfilling and profitable dental career. Charles also explains "The dirty secret...  Read More
Episode 8 - Is Your Dental Practice a Hobby or a Business? with Dr. Josh Brower
“Without your patients you have no reason to be there. First you have to value your patients and what you do for them and that they are coming to see you, not someone else.” To build an Investment Grade PracticeTM, you have to get out of the cash-flow rat race and into building a valuable asset....  Read More
Howard Speaks: How to start your new dental office from scratch with no money down.
How to start your new dental office from scratch How to buy a dental office with no money down. Back in the day, owners carried risk, but sellers had skin in the game. We didn’t have 3rd-party banks financing $1M+ dental practices to broke kids fresh out of dental school, getting their poor...  Read More
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