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The Difference Between Bookkeeping & Accountancy


Many people would be hard-pressed to describe the differences between dental bookkeeping and accounting. These processes share common practices and goals, but they each make up a very different part…

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Increasing The Growth and Profitability of Your Dental Practice


Before you can increase the growth and profitability of your dental practice, it’s important to first know and understand your business finances and learn to invest to grow. Below are the 4 best…

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Would A Bank Lend To Your Dental Practice?


Most of the time, banks are very willing to give loans to dental practices, for good reason. The industry is growing, it has a tendency to hold its own during a recession, and the advances in…

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Outsourcing Your Dental Payroll


As all dentists know, payroll is crucial to the smooth running of a dental practice. If your payroll is ineffective, your staff will certainly notice it and it may impact the way they do their jobs.…

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Discounts & Credits – Not Just Benefitting Your Patients


We’re seeing a problem arise regarding one of the fundamental concepts about dental insurance billing. This problem is being missed by practices, usually because of innocent oversights, but the…

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Increase Collections At The Time Of Service


The easiest and most cost-effective way to keep your outstanding accounts receivables under control is by requesting payment at the time of service. It seems pretty easy, but you’ll need help from…

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How To Protect Your Practice From Fraud


No one wants to believe that his or her practice could be vulnerable to fraud. But according a scary statistic found by David Harris, a dental fraud expert, dental practices have more than a 50%…

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What is My Practice Worth?


Many dentists, especially those nearing retirement or hoping to sell their practice in the future, want to know what their practice is worth. In these cases, a practice valuation can give you the…

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Mistakes Dentists Make When Filing Taxes


Filing taxes is an incredibly important part of making sure that your practice runs smoothly. We’ve put together a list of some of the most common mistakes that dentists make when filing taxes so you…

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How to Cut Accounting Costs for Your Practice


Accountants can sometimes take advantage of the fact that, as a busy dentist, you may not have the time or the energy to keep an eye on them and make sure they’re charging you fair prices.

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