Recession, bear market, pullback, inflation, volatility… These are all headline-grabbing words being used to describe economic conditions today in the media. As always, we need to take the media with a grain of salt. In the news business, fear and worry sell news in both the print and digital world. Once we get below these [...]
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So far, stocks have been struggling in 2022; they fell especially hard in April and the trend appears to be continuing into May. While it’s human nature to be initially unsettled by market turbulence, this recent market volatility is not a reason to panic or sell all your positions. If you are a day trader, [...]
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By Ted Schumann II
With Hurricane Ida sweeping through the Gulf of Mexico and Louisiana, 95.65% of the Gulf Coast’s crude-oil production, or 1.741 million barrels a day, was shut down, as well as 93.75% of the region’s natural-gas production according to the Bureau of Safety and Environmental Enforcement. One would think this would cause [...]
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By Donna Rosebush, Practice Management Consultant
While the power of positive reinforcement and the notion that “you get what you reward” may seem to be common sense, it is not necessarily common practice in all organizations that I have observed. A lot of employers and employees think that they already do a great job of [...]
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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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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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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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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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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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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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