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10 Tips to Profitability, Reaching Your Goals and Finding Overall Happiness in Your Dental Practice

Dear Friends,

I was a child of the late 50’s and early 60’s raised in a Catholic family. For those of you who were not raised in such a family, you may not have had the experience of riding in a family car under the protection of St. Christopher. In those days, automobiles had metal [...]
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Qualified Retirement Plans in Dental Practices – Then & Now

by: Ted Schumann, II, MBA, MSF, AIF®, CFP®

When many 401(k) and Profit Sharing plans were first adopted by dental practices, the main focus was on sheltering tax. Owner-Doctors would set up these plans to allow for tax-deductible funding and tax-deferred investing for their employees and themselves. This worked very well historically, and still works [...]
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Dr. Dan’s Corner: The Relentless Pursuit of Value

by: Daniel Peters, DDS

Try not to smile when you think of the exact patient family in your practice that I am talking about. Mr. and Mrs. Tightwad come into your office for their “cleaning” appointments in mid- December. The hygienists check the charts and realize that they have not been seen in eight months [...]
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Reporting Unclaimed Property

by: Rachelle Fenwick, Asst. Accounting Manager

Most businesses have unclaimed property resulting from normal operations. Any asset, tangible or intangible, belonging to a third party that remains unclaimed for a specified period of time is considered unclaimed property. For example, uncashed payroll checks must be turned over to the State after one year. Most other [...]
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Reviewing and Revising Your Fees…It Is That Time Again

by: Donna Rosebush Practice Management Consultant

Kick off 2017 by taking charge of your profitability! Act today and save $300 by taking advantage of the following valuable special offer before April 30, 2017.

Ideally, I recommend to each of our clients that they review their fees at least once per year, preferably in the same [...]
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Security Considerations for your Dental Practice

by: Joyce Olson-Burpee, Computer Operations Manager

What do you think of a company not taking a security exploit serious? I think it is criminal. With all the ways the hackers and crooks can get into our computers anyway, it is terrible that a company as big as Microsoft does not patch a security issue even [...]
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Associate for Your Dental Practice: Do You Need One?

by: Sarah Pajot, Transition Specialist

Are you thinking about bringing an Associate into your practice? If so, there are some questions that you need to ask yourself. Why now? What will an Associate do for you or your practice? Do you want an Associate because you are swamped, or you like the idea of more [...]
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