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Practice Management

5 Legal Problems to Avoid as a Small Business or Dental Practice Owner

May 26, 2015 by Onlyfordentists

It’s a fact of life, and a fact of business – mistakes happen all the time. But when business mistakes turn into legal problems, they can mean the difference between small business success and failure. Knowing what legal pitfalls to watch out for when running your dental practice can make a huge difference. Take note […]

Filed Under: Practice Management

What is a PEO?

May 11, 2015 by Onlyfordentists

The acronym PEO stands for “professional employer organization.” These organizations help businesses reduce costs by allowing them to outsource the management of important company functions, such as workers’ compensation, payroll, employee benefits and human resources. By partnering with a PEO, a dental practice or other company can grow its bottom line and focus on its […]

Filed Under: Bookkeeping, Practice Management

Business Structure Basics for Dentists

May 5, 2015 by Onlyfordentists

If you’re starting a dental practice or altering the framework of your existing one, be sure to choose the correct business structure and file the right income tax forms. We don’t have to tell you how many decisions you have to make when you start a new business, or when your existing company changes in significant […]

Filed Under: Practice Management, Taxes

Do I Need to Include Asset Protection in My Estate Plan?

April 16, 2015 by Onlyfordentists

A comprehensive estate plan should accomplish far more than just deciding who will receive your estate property after your death. Because of the unique nature of estate planning, the additional goals you include in your plan will depend on your needs and concerns. Asset protection, however, is a popular component included in many estate plans. […]

Filed Under: Practice Management

Dentists: Here’s Why Having a Will Is so Important

March 24, 2015 by Onlyfordentists

Despite knowing the importance of creating one, over half of all Americans do not have a valid Last Will and Testament in place. Often, the reason given for not executing at least a basic Will is the belief that one is not necessary. Consider the following five reasons why executing a Will is important, especially […]

Filed Under: Practice Management

Insurance for Data Breach – What Is It?

March 16, 2015 by Onlyfordentists

There are many challenges small companies, including dental practices, face in today’s highly competitive world of business. As such, many businesses have taken actions to streamline operations, and have made the move to paperless offices and cloud computing in order to get an edge over competitors. Unfortunately, this has left them vulnerable to a risk […]

Filed Under: Practice Management

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