PracticeCFO is committed to providing customized financial advice to dental practices and their owners. Below are our recent posts designed to keep you in-the-know.
We’re often asked what are the best ways to save on taxes and build wealth. Without a doubt, funding a retirement plan is one of them. And for certain doctors, a specific type of retirement plan is a silver bullet. It’s called a Defined Benefit plan, aka “DB Plan” or “Cash Balance Plan.” Here’s answers […]
Have you had a team member ask for a raise? Yes we know, your favorite part of practice ownership. And it probably happens with some frequency. How do you respond? Assuming you want to retain this individual, here are some suggested steps: Acknowledge the important contributions this team member is making to the practice. Don’t allow this […]
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