How Dentists Can Turn Negative Reviews Into Positive Marketing
Dental CPA Blog
by Fazel Mostashari
5M ago
No matter how hard you work to give great care, every dental practice gets the occasional negative review. In the age of digital connectivity, reviews are often the first thing potential patients see about you. Sometimes, those reviews aren’t fair, but they still affect how new patients think about your practice. That’s why it’s so ..read more
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Dental CPA Services In California
Dental CPA Blog
by Fazel Mostashari
5M ago
Leverage Your Dental Practice with Specialized Dental CPA Services in California Running a dental practice in California isn’t just about providing excellent patient care — it’s about making sure your business is financially healthy, profitable, and protected. At Dental CPA California, owned by the expert Fazel Mostashari, we specialize in accounting and tax services exclusively ..read more
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Financial Assessment Of A Dental Practice:
Dental CPA Blog
by Fazel Mostashari
5M ago
Why Financial Assessment Matters When clients come to us to buy a dental practice, we always start by having a conversation about their financial planning. It’s important to make sure the buyer has a solid plan in place before diving into the purchase. Having this foundation helps avoid common pitfalls and ensures they’re ready for ..read more
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Don’t Buy A Dental Office Before Reading This!
Dental CPA Blog
by Fazel Mostashari
6M ago
Purchasing a dental office is likely one of the most important decisions of your career. The process involves a mix of financial and non-financial factors and understanding how to proceed is important for effective decision-making. In this guide, I’ll walk you through key points to consider when buying a practice. Common Valuation Methods As the ..read more
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7 Strategies for Buying a Dental Practice: Expert Tips for Dentists
Dental CPA Blog
by Fazel Mostashari
7M ago
Acquiring a dental practice means wearing a multi-faceted professional cape. Suddenly, you’re not just a dentist but a multifaceted business leader. You’ll find yourself juggling the roles of CEO, CFO, HR director, and lead clinician simultaneously. A well-established practice needs to adapt quickly to this new reality, balancing the complexities of running a business with ..read more
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Financial Forecasting and Projections for Dental Practices
Dental CPA Blog
by Fazel Mostashari
8M ago
The dental industry is experiencing significant growth. According to a report by the American Dental Association, the dental services market in the US is expected to reach a value of $204.8 billion by 2025. This surge is fueled by an aging population, rising disposable income, and increasing awareness of the importance of oral health. For ..read more
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Protecting Your Practice: Legal Due Diligence Essentials for Dental Startups
Dental CPA Blog
by Fazel Mostashari
8M ago
So, you’ve decided to open your own dental practice—congratulations! This is an exciting step in your professional journey, but before you start picking out furniture and scheduling equipment deliveries, there’s a crucial step you can’t skip: legal due diligence. Due diligence is essentially a deep analysis of the legal and financial health of your new dental practice. You’ll want to ensure that all the necessary permits and licenses are in place and that the practice is compliant with local and federal regulations. This involves thoroughly reviewing contracts, leases, and any potential liabil ..read more
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Avoid Legal & Financial Headaches When Starting Your Dental Practice
Dental CPA Blog
by Fazel Mostashari
8M ago
When you start your dental practice, you get overwhelmed by the feeling that you can do anything. You envision a space where you can follow your career, build meaningful relationships with patients, and be your own boss. However, the initial thrill of launching a new business can quickly fade with the harsh realities of legalese, regulations, and financial complexities. Studies show that a significant portion of dental startups struggle in their early years. A 2023 report by CB Insights revealed that a staggering 90% of startups fail. Within the dental industry specifically, a 2022 survey by t ..read more
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Financial Planning for Dental Startups: Insights from a Dental CPA
Dental CPA Blog
by Fazel Mostashari
9M ago
You’ve earned your dental degree and improved your skills, and now you’re brimming with the ambition to launch your own practice. This is an exciting time, but it also requires careful planning. Transitioning from clinician to entrepreneur introduces a whole new set of financial considerations. As a dental CPA who has seen countless startups navigate these waters, I’d like to offer some insights that can help ensure your dream practice gets off to a smooth and successful start. Budgeting: The Foundation of Your Financial Plan Before you begin purchasing equipment and renovating your office, it ..read more
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A Dentist’s Guide to Building or Buying a Practice
Dental CPA Blog
by Fazel Mostashari
9M ago
For many dentists, opening their own practice represents the ultimate achievement in their career. But this path comes with a significant decision: should you build a practice from the ground up or buy an existing one? As a dental CPA, my primary responsibility is to be transparent with my clients. That’s why I always present both advantages and disadvantages of the options. The right choice will depend on the dentist’s goals, personality, and resources. Starting a Dental Practice from Scratch While entrepreneurship offers financial independence and professional fulfillment opportunities, star ..read more
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