The dental industry, as with the medical and pharmaceutical industries, is a highly regulated and continually changing business environment. As you build the successful dental practice you want to have, you’ll want to make sure you are working with someone who knows the industry – not just for your financial statements, tax returns, and other tax issues, but to help with staff issues and succession planning.
Specific Challenges in the Dental Industry
Many dental care providers tell us that instead of the stress of running a business, they just want to make sure their patients are taken care of. But running a practice – if it’s not being addressed strategically – can take up so much time that you don’t get to do what you really want to. Everything from complying with complex government regulations, to trying to maximize revenue and control expenses, to managing staff, seems to get in the way. We don’t believe it should be.
If you plan things right, those areas can just happen behind the scenes while you run the practice the way you want to.
Are you like many Dentists?
You struggle with understanding what the numbers mean, and how you should respond.
You want to provide the best care in a fee competitive environment - but how?
Is your new practice debt overwhelming? Struggling with how to pay it off quickly?
You care deeply for your patients, seeking the best for them.
You want someone who will speak with you often, and on your level, not technical jargon.
Does it sometimes feel like the team is tearing apart?
If you have a profit, you worry that taxes will eat it all up.
Often, profits are minimal. Are you able to draw market-rate compensation for yourself.
You hate surprises, particularly cash flow surprises.
We commonly hear you feel disconnected from you business, like you are losing touch. You feel alone and maybe a bit helpless.
And all this may be affecting the most important relationships in your life.
Truthfully, it is not your fault - you were not taught how to run a dental practice.
It should not be so hard.
You just need a better way, a step by step blueprint, and someone to walk with you.
3 Step Process to Get on Track
We Ask, You Talk, We Listen
The introductory meeting is designed to understand and gain clarity over your unique concerns, passions, goals, and dreams. We listen to get crystal clear on the key priorities, and structure a plan of action with you to accomplish your goals.
Though a proven process, our team performs an assessment of the 5 critical areas of your business. We present you with the key findings, and provide actionable intelligence you can use in your business right away.
We offer goals based and issues based coaching and advisory services, focusing on helping you improve and grow your business.
With a clearly defined strategy, begin to achieve your goals. Know the priorities and tasks to get you there. On pace, on schedule, in rhythm, begin to achieve results you desire.
We believe everyone should have the opportunity to succeed. We have helped others, and we can help you.
We are CPAs who also happen to be business coaches. We bring new ideas, world-class tools, and training.
While we cut our teeth on taxes and accounting, our heart is in transforming our clients’ businesses.
Need assistance and training with QBO (QuickBooks Online) or Xero? Our team can assist. Learn more about Active Management Systems.