Grow Your Practice

How Much Does a Dentist Make in Canada?

Are you considering a career as a dentist and wondering how much does a dentist make in Canada? The Canadian Dental Association describes dentistry as an “artistic as well as scientific profession. Dentists must have an artist’s aesthetic sense, an eye for detail and manual dexterity to perform precise procedures… Dentists must also be good communicators”. This range of aptitudes, plus high educational requirements, is reflected in salaries. Dental School Usually, a university science degree is completed before acceptance into a dental program for four years. This qualifies someone for

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How Much Money Does It Take To Start A Dental Practice?

Whether you are just leaving dental school or have worked in an existing practice for years, you are considering starting a practice. Starting a dental practice can be extremely rewarding, but it can be costly. To help you decide whether opening your own dental office is right for you, we share the costs you will need to get it up and running over the course of a year. This is especially helpful for dentists creating business plans for loan applications! The Start-Up Expenses Of Dental Practices Dental Equipment Before getting

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Why Use Dental Accounting Software

Before the computer, administrative professionals did all administrative and financial tasks in dental offices. Staff filled outpatient charts by hand, managed patient schedules in appointment logs and calendars, and processed payments through cheques and money orders. While the old way of managing a dental office was effective, it was also time-consuming; completing basic procedures took much longer and more work to complete. Flash forward to the present day, dental practices can use computers and dental software, also known as dental practice management software, to help manage their practices efficiently and

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How To Get New Patients For Your Dental Practice

The success of every dental practice rests on its patient base. You need patients coming in the door to sell your services because, without new dental patients, you do not have any teeth to care for! Dentists need to attract prospective patients to increase their client numbers and production to earn more money. But how do you get more patients to visit your dental office, month after month, year after year? This blog post will explain how you can attract new patients to your dental practice. We will present several

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The Top Ten Reasons Why It’s Time To Make Your Office Paperless

If you have been considering converting your office to paperless charts, this is a great time to take the leap. Technology has advanced rapidly in recent years with cloud-based backup systems and massive amounts of storage capabilities, alleviating the concern of what might happen if the system goes down. Trusting that the technology won’t lose any information is no longer a concern. There are many other advantages to converting your office to a chartless environment, and here are the top ten: 1. Secure your records against the event of fire,

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Reviews and Raises

Keeping top-performing team members on staff is essential—especially in today’s job market The landscape of the dental workforce has changed drastically over the past two years. The shortage of qualified personnel in dentistry results in many employees jumping from office to office and demanding higher salaries. Dentists are being backed into a corner and, in some cases, feel forced to pay outrageous salaries just to attract and retain staff. However, paying higher salaries doesn’t guarantee that the quality of work is commensurate with the pay. Many dentists are hiring out

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How To Start Opening A Dental Practice In Canada

Starting a private dental practice in Canada can be extremely rewarding for dentists and dental hygienists. Not only does it provide them with the opportunity to make their own income, but also with the opportunity to be their own boss. Despite the many benefits of opening a private dental practice, it does not come without its challenges. It can take a great deal of time, effort and patience to open and manage a dental hygiene practice independently. In order to make this process easier, we have created a simplified plan

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Dental practice owner using black calculator next to pile of cash

A Dental Practice Owner’s Guide to Multiplying Capital Gains Exemption

Get answers to your questions about capital gains exemption and how to effectively multiply its outcome when factoring family members over the age of 18. Most dental practice owners understand the dynamics of a capital gains exemption. However, most dental practice owners may not know that there is a lifetime capital gains exemption (LCGE) available for each family member (including their parents).  Now if your parents owned a business and it has been sold, they may no longer have their Capital Gains Exemption. Now, the dentist then will be allowed

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