Whether you are just starting your dental practice or have been in the industry for a while, business planning for your dental practice can be overwhelming at times.
You may ask yourself questions like: When will I start to be profitable? At what point should I hire new staff and how much can I afford to pay my staff? How can I expand my practice while still managing cash flow and expenditures? Our team at Dental Tax is here to answer those questions.
Do you ever feel like there’s just not enough hours in the day to manage and run your dental practice, never mind plan for the future of your business? That’s why we’re here. To take the weight of business planning for your dental practice off your shoulders. Our team of experts at Dental Tax know the ins and outs of the dental industry and will show you the best ways to start, grow or expand your practice. We provide you with the planning that you need to improve profitability, increase production and make your practice more efficient. A more efficient and profitable practice means bigger net worth. Bigger net worth means you can reach bigger goals.
Perhaps you’re new to owning your own dental practice or are just starting out. Our Dental Tax associates will guide you from the very beginning. We’ll talk about best purchase prices, how to set up your corporation and how to obtain a bank loan at the best terms possible. From there we’ll create a plan depending on your dental business goals and what you hope to see in the future. We’ll talk about how to grow while still maintaining profitability. We’ll assess the risks and long-term financial benefits of every business decision. Don’t leave the future of your business to chance. Planning translates to success. The more proactive you are in your business plan, the sooner you can reach your business goals.
To help dentists save money, make money, and save time.
How You Benefit
Less taxes paid, bigger practice, larger net worth, and more time to spend with patients and family.
How You Get There
You’re more likely to reach your goals if you plan for it.
If you are a dentist who already owns an established dental practice, ask yourself whether you have a current business plan.
Are you happy with it? Is it clearly laid out? Does it maximize your business potential? Does it align with your business goals? If you answered no to any of these questions, give us a call. Our team at Dental Tax will show you what your dental practice could become. By using financial models to identify key operational and financial information about your dental practice, we can forecast the outcome of different business decisions. Not only is this invaluable information to you, the business owner, but it also attracts investors and banks to your financial decisions. The better your business plan, the more prepared you are for the future. The more prepared you are for the future, the more likely you are to reach your goals.
Wherever you’re at in your journey of owning a dental practice, make sure you have a business plan. Remember that you don’t have to go about planning for the future of your business alone. You want nothing but the best for the profitability and success of your dental practice. We want to see your business grow and succeed even more. Here at Dental Tax, we’ve dedicated our lives to helping dentists grow their practices. Take one of the first steps to creating a seven figure dental practice. Contact us today to get started on your business plan.