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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.
Why Most Dentists Lose Money Selling to a DSO
The DSO offer letter lands in a dentist's inbox and the number looks remarkable. Significant upfront cash, a salary for the next few years, and the promise of equity that could multiply several times over in a capital event. It is designed to look transformative. And for most dentists, it is — just not in […]
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Why Dental Practice Brokers Are Worth Every Penny
When a dentist hears that selling their practice will cost them 7 to 10 percent in broker fees, the first instinct is often sticker shock. On a million-dollar practice, that is $70,000 to $100,000 walking out the door. It sounds steep — until you understand what a great broker actually does. Having been involved in […]
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The One Sentence That Simplifies Every Hard Decision
Most people try to navigate hard decisions by making lists. Pros and cons, weighted scores, spreadsheets. And while that kind of analysis has its place, it tends to break down completely when the decision is emotionally loaded, time-pressured, or involves trade-offs between things that cannot easily be quantified — like your time, your relationships, and […]
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The Power of One Non-Negotiable Rule
In January 2023, a handwritten note went quietly viral among entrepreneurs and professionals. It was posted by one of the co-founders of Netflix — a man who had spent decades in the pressure cooker of Silicon Valley startups — and it was captioned simply: my definition of success. The note did not describe revenue milestones […]
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Why More Money Stops Making You Happier
There is a version of success that most high-achieving professionals spend their careers chasing: the number. The net worth figure that, once reached, will mean they have made it. Financial independence. The freedom to stop if they choose to. Security for their family. That goal is legitimate and worth pursuing. But research — and the […]
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The AI-Prepped Patient Is Already in Your Waiting Room. Is Your Team Ready?
There's a new kind of patient sitting in your waiting room. They haven't just Googled your reviews. They've asked ChatGPT whether they actually need the crown you're about to recommend. They've uploaded photos of their teeth and asked an AI to evaluate them. They know what the same procedure costs at three other offices in […]
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How AI Is Changing the Way Patients Find Your Dental Practice
It used to be simple. A patient Googled "dentist near me," clicked the first result, and called. That world is changing — and it's changing fast. According to Michael Anderson of Wonderist Agency — one of the country's largest dental marketing firms — search behavior has shifted in a way the industry has never seen […]
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Knowledge, Intelligence, and Wisdom: Why the Best Advisors Will Always Beat AI
Everybody's asking the same question: in a world where AI can instantly answer almost any question, what's the value of a human advisor? It's a fair question. And it deserves a real answer. In Episode 159 of The Dental Boardroom Podcast, host Wes shared a framework from Lawrence Ford's book The End of Work: Reclaiming […]
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The 5 Wealth Types Scorecard: A Practical Framework for Dental Practice Owners
Most dental practice owners have a financial scoreboard. They know their collections number. They track their overhead percentage. They watch their net worth grow. They have a retirement account balance they check quarterly and a practice valuation they could estimate within a reasonable range. This scoreboard is useful. It is not sufficient. "Your net worth […]
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There's Always a Bigger Boat: How Comparison Is Quietly Destroying Your Happiness
A man sells his manufacturing business for $100 million. He rents a yacht to celebrate, invites his closest friends, and they gather at the dock. By almost any measure, this is a moment of genuine triumph — the kind of outcome that represents decades of work, sacrifice, and commitment. As his friends board the yacht, […]
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Disclaimer: The marketing materials presented on this website include testimonials that serve as reviews of PracticeCFO Investments’s products and services. PracticeCFO Investments does not compensate clients for reviews or testimonials, and PracticeCFO Investments does not provide anything of value in exchange for these reviews. PracticeCFO Investments has determined that there are no material conflicts of interest between the firm and the participant, and PracticeCFO Investments has not influenced the statement made by the client(s) appearing on this website.
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