The post The Hidden Threat – Dental Embezzlement Statistics appeared first on Whalen & Company, CPAs ..read more

Summary In a recent interview with Dr. Michael Pappas, a seasoned dentist and practice owner, we uncovered valuable insights into the keys to success in the dental industry. Here are the main takeaways from our discussion: 1. Building a Winning Team: Dr. Michael Pappas emphasized the importance of hiring team members who align with the … The post 02:Whalen Wisdom Hub – Exclusive Interview With Dr. Michael Pappas appeared first on Whalen & Company, CPAs ..read more

So, you’re considering adding an associate dentist to your practice. You’re not alone! Many dentists explore this path to expand capacity, grow their practice, or plan for succession. But how do you know if it’s the right decision, and how do you ensure a successful outcome? This three-part blog series examined the critical considerations for building a thriving … The post Building a Thriving Dental Associateship: A Three-Part Guide appeared first on Whalen & Company, CPAs ..read more

Part 3: Finding the Right Dental Associateship The American Dental Association reports that about half of all associateships fail (Ebert, n.d.). Other sources paint a more drastic picture, claiming that 8 in 10 associateships dissolve (PTS, 2022). Dental associateship failures emotionally impact the owner, the staff, and the associate, making it harder to trust and … The post Successful Dental Associateship Recruitment appeared first on Whalen & Company, CPAs ..read more

The post 2024 Dental Compliance Reminder appeared first on Whalen & Company, CPAs ..read more

The post S-Corp Understood appeared first on Whalen & Company, CPAs ..read more

The post S-Corp Understood appeared first on Whalen & Company, CPAs ..read more

Part 1: The Right Reasons One of the most challenging decisions facing a seasoned practitioner is whether to add a new associate to the practice. Reasons abound for why dentists may entertain the idea. Often, doctors are motivated by thoughts of cutting back, increasing profits, or exiting the practice altogether. Most dentists are hesitant to … The post Is Your Office Ready to Grow? Dental Office Expansion Series (Adding An Associate) appeared first on Whalen & Company, CPAs ..read more

In our latest podcast episode, we delve into the current state of the dental industry, exploring both the challenges and opportunities that lie ahead. This listicle-style summary captures the key takeaways from the discussion, providing you with valuable insights into the evolving landscape of dentistry. If you’d like to listen to the podcast, it can … The post State of Dentistry: 2023 Challenges, Opportunities & Tips for Aspiring Dentists appeared first on Whalen & Company, CPAs ..read more

One common problem that dentists face is that they spend ample time working in their businesses and not much time working on their businesses. They can hardly be blamed, for while the hygiene department is a crucial contributor to production, dentists are responsible for most of the daily production total. The pressure to produce is … The post Beyond the Chair: Navigating Key Metrics for Dental Office Prosperity appeared first on Whalen & Company, CPAs ..read more