Dental Financial Planning: How To Prepare For Retirement

Dental Financial Planning: How To Prepare For Retirement

Introduction As a dentist, you face unique financial challenges in your profession. Thankfully, all of these challenges can be overcome with effective dental financial planning. While you dedicate your days to improving the oral health of your patients, it’s crucial to secure your own financial well-being, especially when it comes to preparing for retirement.  In…

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Preparing For Retirement: Essential Tips for Dentists

Preparing for retirement doesn’t have to be stressful. Learn about retirement income planning and wealth management today. Read more.

Introduction As a dental practice owner, you’ve worked hard to build a successful, thriving business. That’s why it’s important to take care of your financial health, especially when it comes to preparing for retirement. In this blog post, we’ll provide essential tips and strategies to help you achieve a financially abundant retirement. We’ll explore saving…

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Selling a Dental Practice: How to Prepare Your Dental Practice for Sale

Selling a dental practice

Introduction As a dental practice owner, there comes a time when you may be contemplating the next step in your professional journey. Whether it’s retirement, a career change, or a desire to pursue other ventures, the decision to sell your dental practice is a significant one.   When selling a dental practice, it is important…

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The Role of Financial Planning in Retirement for Dental Practice Owners

Introduction Retirement is an important phase of life that requires careful financial planning and preparation. As a dental practice owner, it’s essential to understand the unique challenges you may face when it comes to retirement planning. It’s important to consider saving and investing, real estate ownership, dental practice transitions, succession planning, and business valuations to…

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Mitigating Tax Risks For Dental Practice Owners

Tax mitigation is essential as a dental practice owner. With increased funding to the IRS, your chances of being audited are increasing, especially if you have $400,000 or more in total annual income. At the same time, taxes are also going up.  Starting in 2022, research and development (R&D) expenses previously allowed as deductible items…

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The Best KPIs For Dental Practice Financial Management

Measuring your business performance is the key to success as a dental practice owner. Read about our top ten KPIs.

Measuring your business performance is the key to success as a dental practice owner. It helps you keep track of your progress towards goals and highlights areas that could be more profitable. One way to measure your business performance is through Key Performance Indicators (KPIs). KPIs are insightful metrics that help you track, analyze, and…

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Financial Considerations For Buying a Dental Practice

Buying a dental practice is the natural next step for many dental associates looking to advance their career. Working for someone else is part of the journey, but it’s usually not the end goal. If you want to build a thriving business, invest in your future, and have control over your time and money –…

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Education Tax Credits for Higher Education

How many of us have come up against the soaring rates of college tuition as we strive to match our academic skills with a budget friendly four-year university. Whether it’s you or your child, managing to pay for higher education is an ambitious endeavor, made even more challenging due to the staggering yearly increases in…

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