Practice Management
Five Myths Your Landlord Wants You to Believe
Navigating a commercial lease for your healthcare practice can be overwhelming—especially when misinformation is at play. Landlords often present lease terms that seem fair on the surface but may not be in your best financial interest. Understanding the most common myths can help protect your practice from costly mistakes. Below, we break down five misconceptions…
Read MorePaying Employees and Contractors
Properly paying employees and contractors is an essential part of running a business. Whether you’re managing a small startup or a growing company, understanding the differences in how to compensate your workforce—whether employees or contractors—ensures compliance with tax regulations and avoids costly mistakes. Before you can even start the payment process, however, it’s crucial to…
Read MoreCase Study — Young Dentist Practice
A young dentist in a rural town opened an office and was referred to us by another client. She was eager to learn and grow her practice. We implemented monthly financial services, a performance metric dashboard, and our DrillDown CFO support. Revenue increased 172 percent to $950,000 and the dentist’s personal income increased 324 percent.…
Read MoreDental Supplies Procurement & Technology: A Game Changer for Your Practice
As a dental CPA firm, we keep our ear to the ground to identify best business practices that can help improve the profitability and efficiency of dental practices. One significant area where technology is making a major impact is dental supplies procurement. Dental supplies account for a substantial portion of a dental practice’s expenses. In…
Read MoreDental Industry Salary Trends in 2025: What Dental Practices Need to Know
As the dental industry continues to navigate a rapidly changing workforce, compensation and job satisfaction are taking center stage in 2025. The latest DentalPost Salary Survey reveals new insights into how dental professionals are feeling about their pay, benefits, and work environment—and what these trends mean for your practice. At DrillDown Solution, we work closely…
Read MoreDental Patient Financing: A Strategic Tool for Growth and Case Acceptance
As a dental CPA, we see firsthand how patient financing can impact both the financial health of a practice and the accessibility of care for patients. In today’s economic climate, offering flexible financing isn’t just a “nice to have”—it’s a necessity. But it’s not just about offering financing; it’s about offering the right kind of…
Read MoreThe Hidden Threat of Embezzlement in Dental Practices: What You Need to Know
Dental embezzlement is a serious problem that affects thousands of practices across the United States and Canada each year. While it’s easy to assume that embezzlement is a rare occurrence, the reality is that many practice owners are unaware of the risks and signs, allowing the theft to continue unchecked. In fact, it’s estimated that…
Read MoreCommon Mistakes Healthcare Practices Make in Real Estate Negotiations
Did you know real estate is likely your healthcare practice’s second-largest expense after payroll? Yet many healthcare professionals leave thousands on the table in poorly negotiated leases. An unfavorable lease or real estate negotiation can lead to unnecessary expenses, potentially costing you tens or even hundreds of thousands of dollars over time. That money could…
Read MoreInspire Your Team Members and Keep Them Engaged—Without Giving Raises
How To Inspire Your Team Keeping your team members motivated, happy, and engaged will help your business grow and succeed. But what happens when you have a limited budget that makes raises impossible? While everyone likes to receive a raise, they aren’t the only way to keep your team happy and productive. In fact, there…
Read MoreWhat to Look for in a Dental CPA: A Guide for Dentists
Running a dental practice isn’t just about patient care—it’s also about managing your finances, taxes, and future growth. That’s where a great dental Certified Public Accountant (CPA) comes in. But how do you pick the right one? Firstly, you’ll need one with deep knowledge of the dental industry. A dental CPA should have an understanding…
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