Handling Employee Termination Meetings
For employers, the only thing harder than deciding to terminate an employee is breaking the bad news. Studies show that firing an employee is one of the most difficult tasks a manager… Continue On +
What to Tell Your Team after a Termination
Let’s assume you complete the unfortunate task of terminating one of your dental team members. As much as you may want to forget the whole thing, your work is not yet over. … Continue On +
Dental Accountant’s Due Diligence (Part III of III)
We have established in part I and II that you are well suited to own your own dental practice and we have established what your advisor will need and what they will… Continue On +
Unclaimed Property
Spring has sprung, and summer is just around the corner: time to clean off the grill, set out the patio furniture and start thinking about filing unclaimed property returns in the fall.… Continue On +
Compensation Means More Than Just a Paycheck
If you ask team members what they are paid, they will typically tell you what they are paid per hour; however most dental practices provide benefits in addition to an hourly wage. … Continue On +
Adding Extra Hygiene Days
It’s hard to grow your dental practice without adding hygiene days. The more patients you see regularly, the more treatment you will diagnose and the more new patient referrals you will receive.… Continue On +
Managing Recall When the Dental Practice Is Busy
Even proactive dental teams encounter obstacles with managing effective recall systems. One of the biggest challenges is when the practice is busy and the team puts less effort into recall and more… Continue On +
Know Your “Number” Before Buying a Dental Practice
If you are searching for a dental practice to purchase, how do you know when you’ve found a good fit? It is common to initially answer that question by considering the location… Continue On +
When to Pay for Classes or Meetings
When do you have to pay for staff members to attend continuing education or meetings? Here are important points to remember. First, when the continuing education (CE) or meeting is mandatory, you… Continue On +
What You Can Learn from the Mistakes of the Prior Dentist
Imagine for a moment that you are searching for a new yard maintenance company to take care of your outdoor work. Are you looking for the company that can make the straightest… Continue On +
Choice of Entity – Costs and Final Thoughts (Part III of III)
We have discussed the basics of entities, some pros and cons and now we will wrap it up with some estimated costs and final thoughts. The cost of establishing an entity focuses… Continue On +
Coordination of Dental Benefits
One of the most difficult things to maneuver is coordinating benefits between two insurance companies. The most common questions involve what you can bill the insurance companies and the patients. Here are… Continue On +