Business Management - Edge Advise

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The Simple Math That Will Prevent Corporate Dentistry From Taking Over

October 5, 2015Posted under: Business Management, Dentistry, Uncategorized,
Viewed 1017 Times

In an unprecedented 3 podcast run Dr. Scott Leune made the case that corporate dentistry is coming to take everyone out. No one will argue that we’ve seen more and more corporate groups pop up, but it’s really simple math that will prevent them from taking over unless Dentists simply wave the white flag. This math relates to Dentist Compensation. Let’s say you are a dentist that can produce $50,000 of collectible … Read more

Dental Lending is Still Incredibly Good

September 25, 2015Posted under: Accounting & Tax, Business Management, Buying A Practice, Financing, Practice Transitions, Uncategorized,
Viewed 1942 Times

Over the past several months there has been quite a bit of grumbling about the state of lending in the dental industry. I’ve heard from clients and from listening to dental podcasts that it just seems like the banks are asking for way too much stuff these days and don’t seem as eager to help dentists these days. I think it helps to have some perspective. In my opinion, dental lending is … Read more

Know Your RoleAsking the right people can make all the difference.

September 23, 2015Posted under: Business Management, Practice Management, Uncategorized,
Viewed 1029 Times

A wise man named The Rock once said, “know your role and shut your mouth”. Another wise man named Jeff Vanden Heuvel once observed that “accountants are the glue guy for most practices”. As a CPA I am oftentimes the “glue-guy” for many of my practices and am often asked for my opinion on topics that are far outside my area of expertise. When I am asked these questions I try and … Read more