Category Archives: Dental Practice Success

Proud of your practice? Entries sought for inaugural ADA Design Innovation Awards

In search of dental facilities that seamlessly combine esthetic appeal, function and design, ADA Member Advantage, ADA Council on Dental Practice and BMO Harris Bank are seeking entries through July 15 for the inaugural ADA Design Innovation Awards. Association members are encouraged to submit entries for the “new build” and “remodel” categories. All practice types and sizes are… Read More »

Planning your next career move? A practice option report can help

Whether you are looking to join an existing practice or establish a new one, it’s often helpful to create a practice option report. A practice option report is a written document that outlines your goals in both quantitative and qualitative terms. The qualitative portion of the practice option report should consider your goals and practice objectives in terms… Read More »

Acquiring a dental practice: Questions and considerations

It’s natural for dental associates to eventually step out on their own. Whether you’re looking to pay down student loan debt, create more lifestyle flexibility or care for patients under your philosophy, practice ownership remains one of the most rewarding ways to meet your personal and career goals. But establishing your own practice often requires acquiring an existing… Read More »

7 tips for tax season

Most taxpayers don’t need to spend too much time worrying about being audited by the Internal Revenue Service. However, many dentists are both small business owners and high wage earners, which means they may be more likely to hear from the tax man. In its latest annual report, the IRS says it sent more than two million notices… Read More »

Navigating ethical dilemmas as a new dentist

         Is it ethical to date a patient? What are the ethical implications of using social coupons to expand my patient base? What should I do when I suspect a patient may be abusing prescription drugs? Are you caught between a rock and a hard place? “There are always things that come up that make us do a… Read More »

Rethinking your schedule

All business professionals know this simple truth: time is money. In dentistry, time is controlled by the practice’s scheduling system, and, while dentists don’t sell time by the hour, they inevitably use time relative to the annual production. Unfortunately, many practices have become complacent, using schedules that were developed years ago and are outdated despite tweaking. I believe… Read More »