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10 Questions to Ask Yourself View More Episodes:  Welcome back to The Dental Boardroom Podcast with Wes Read. In this follow-up to our previous episode on structuring your Profit & Loss (P&L) statement, we dive deeper into the how of using your financials strategically. This episode walks...  Read More
How To Save For Retirement Without a 401k
How To Save For Retirement Without a 401k For many professionals, the traditional retirement story goes something like this: go to school (for me, it was dental school), work hard, contribute to your 401(k), and hope everything works out by the time you reach your golden years. But for high...  Read More
Mastering the Profit & Loss Statement View More Episodes:  In this episode with Wes Read CPA, CFP and founder of PracticeCFO, explore a topic that is absolutely foundational to the financial success of your dental practice—your financial statements. Host [Your Name] (or "I") breaks down the...  Read More
The ERC (Employee Retention Credit) View More Episodes:  In this episode of The Dental Boardroom Podcast, Wes Read CPA, CFP, founder of a dental CPA and financial planning firm, dives deep into the Employee Retention Credit (ERC)—what it was, how it worked, and the lingering tax implications...  Read More
Pay Attention to THIS When Purchasing an Additional Practice
Tiff and Trish discuss the need-to-know info for the buyer of a practice, including team member transparency, new patient inflow, software use, and more. Episode resources: Transcript: The Dental A Team (00:01) Hello Dental A Team listeners. We are back again I have Trish with me because I...  Read More
What Smart Buyers Check Before Purchasing a Practice
Buying a dental practice should feel exciting, not confusing or chaotic. The smartest buyers slow down, study the real picture, and make sure the practice aligns with their long-term plans. Too many dentists fall in love with the idea of ownership, sign the deal quickly, and discover later that the...  Read More
Credit Score What Dentists Need to Know View More Episodes:  Your credit score may not seem like a daily concern, but as a dentist, managing debt is an unavoidable reality. Whether it's student loans, a practice acquisition, or buying a home, your credit score can be the deciding factor in...  Read More
Emergency Reserves View More Episodes:  In this episode of The Dental Boardroom Podcast, Wes Reed, CPA and Certified Financial Planner, dives into the critical importance of having an emergency reserve fund both personally and for your dental practice. Wes breaks down why cash reserves act as...  Read More
Discovering Hidden Practice Revenue
*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" tabindex="-1" dir="auto" data-turn-id="request-WEB:4169d308-4575-40a4-b8e6-425c2c956df4-12" data-testid="conversation-turn-24" data-scroll-anchor="true" data-turn="assistant"> Hidden practice revenue is...  Read More
Does Your Practice Have THIS Hidden Gold Mine?
It’s office autopsy time! Kiera shares the story of a practice that recently discovered $2.5 million going unnoticed. She talks about the doctors and their (very) busy schedules, the need for an additional hygienist, and what the cold, hard numbers told this practice about next steps. Episode...  Read More
Where Are You in Your Business’s Life Cycle?
Kiera compares the stages of a business to the stages of the human life cycle, from the infancy of a startup, to the chaos of money flow without systems, to the growing profitability of early adulthood, and so on. The goal is, of course, to reach maturity, where the business can run on its own,...  Read More
Personal Spending habits  View More Episodes:  In this episode of The Dental Boardroom Podcast, Wes Read, CPA and Certified Financial Planner, dives into the importance of establishing a spending plan to achieve long-term financial freedom. Wes discusses common financial pitfalls dentists face,...  Read More
Passive Income vs Active Income: What’s the Difference Explained
Before you read this, let me be honest with you. If you are a visual learner, or you want to hear this story exactly how I lived it, I strongly recommend watching the video version first. It is one of the most important conversations I have ever had about money, risk, and freedom.  If you prefer...  Read More
Are You Looking Ahead For Your Practice?
Tiff and Trish discuss the often ignored practice transition — are you looking ahead for your practice? Ten years out? Thirty years? The two consultants discuss what to keep in line now so that any changes on the horizon are received with minimal panic and damage. Episode resources: ...  Read More
The State of Dentistry in 2025 View More Episodes:  Join us for an insightful discussion on the current state of dentistry in 2025. In this episode, we explore the latest financial trends, the best locations for dentists, and the biggest challenges facing the industry today. From compensation...  Read More
Build Value Early with Dental Practice Transition Strategies
Dental practice transition strategies are often viewed as something to think about only when a doctor is preparing to sell. In reality, the practices that transition smoothly are the ones that planned for it long before the decision was made. A strong transition is not a quick fix. It is the...  Read More
Is Being a Dentist Worth It?
For many people, dentistry seems like an amazing career. It pays well, offers job stability, and allows them to help people improve their health. But what most people don’t realize is the amount of time, money, and effort it takes to become a dentist. The years of schooling, student loan debt, and...  Read More
Protecting Your Investment: How Dental Professionals Are Choosing the Right Private Equity Custodian
Dental professionals work hard to build successful practices and accumulate wealth. After years of treating patients and managing practices, many dentists look for ways to grow their retirement savings beyond traditional investments. Private equity has become an attractive option for dental...  Read More
Why Dentists Should Exercise View More Episodes:  In this episode of The Dental Boardroom, host Wes dives into a vital yet often overlooked topic: the intersection of health, wellness, and dentistry. Joined by dental coach Steve Sperry and senior CFO advisor Andrew, the discussion highlights...  Read More
One Practice, One Year: Roadmap to Flourishing
Trish shares with Tiff and listeners her experience with a practice that started with a whole lot of uncertainty under a new doctor, and the steps undertaken that lead to a thriving workplace within a year. Specifically, she touches on how trust, flexibility, and numbers each played a role in...  Read More
Profit Allocation Models for Dental Partnership View More Episodes: In this episode, we delve into one of the most critical aspects of running a successful dental partnership: profit allocation. Drawing parallels between marriage dynamics and business partnerships, we explore three core models...  Read More
Dental Partnership Legal Structure View More Episodes:  In this episode, we explore the financial and legal intricacies of dental partnerships. Learn about the pros and cons of various legal structures, including S corporations and partnerships, and why selecting the right setup is crucial for...  Read More
Partnership Valuations View More Episodes: In this episode, we dive deep into the intricacies of valuing dental practices, particularly in the context of partnerships. We break down key valuation concepts for general practitioners (GPs) and how factors like cash flow, overhead, and goodwill...  Read More
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