Just as a neurosurgeon specializes in brain or spine surgery, a dental CPA specializes in performing accounting and advising tasks for dental practices. Having a specialist on your team can be beneficial in many ways. Here, Only for Dentists explains why enlisting the expertise of a specialized dental CPA is so vital to the success […]
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Do You Have a Business Continuity Plan? You Should
What if disaster strikes your business? An estimated 25% of businesses don’t reopen after a major disaster strikes.* Having a business continuity plan can help improve your odds of recovering. The basic plan The strategy behind a business continuity (or disaster recovery) plan is straightforward: Identify the various risks that could disrupt your business, look […]
Dental Practice Tips: Find and Keep the Best Talent For Your Business
Finding the best candidate to hire is often costly and time consuming. But, if your new hire turns into a loyal, hardworking, long-term employee, your investment may be worth every cent and minute. Locate Candidates How do you find good people? In the past, people who were job hunting would look in the “help wanted” […]
Getting a Handle on Payment Issues
Most small business owners love what they do. But that’s not to say things can’t get a little difficult, especially when customers don’t pay their bills on time. Even one or two slow-pay or no-pay customers can be enough to throw your company’s finances off. Understanding what might be going on with your customers and […]
How to Follow the Rules when Writing off Bad Debts
In any economic environment, businesses typically have a percentage of customers who don’t pay their invoices. Here are some tax guidelines. Cut Your Loss If a customer or client owes your business money you can’t collect, you might be able to claim a bad debt deduction on your business return. You must be able to […]
Staying One Step Ahead of Tax Issues
The last thing you need as a small business owner is to have to spend time unraveling tax problems you could have avoided. There are many tax issues that can trip up small business owners — here are a few. Mixing Business and Personal Keeping your personal bank and credit card accounts separate from your […]