Personal Finance
Financial Clarity In Your Dental Practice
In a dental practice, patient care and operations go hand in hand. As such, financial clarity and understanding your financial position is critical to success. Financial statements provide a clear view of your dental practice’s financial health and past performance. From there, you can plan for the future by creating measurable goals and financial objectives.…
Read MorePaying Off Dental School Debt: The Education Loan Reduction Fringe Benefit
Introduction Most associate dentists face the reality and burden of dealing with dental school debt. It can be significantly challenging, expensive, and complex to navigate. The federal government has introduced two provisions to help alleviate the financial burden of student loan debt. This includes dental professionals who have taken undergraduate or graduate-level courses. The provisions…
Read MoreStrategies for Investing Profits from Dental Practices to Build Wealth
You can make a lot of money as a dental practice owner. But making money is only half the battle. You also need to invest and grow your assets to build a solid foundation of wealth. Otherwise – all your profits will get eroded by unnecessary taxes, expenses, and inflation. Thankfully, there are many ways…
Read MoreHow To Protect Your Income As A Dentist
There is nothing better than the feeling of peace and tranquility that comes with knowing you’re taken care of by someone who cares for your best interests. Unfortunately, dentists often forget their own needs when it comes time to protect themselves from financial loss in case something happens tomorrow or down the line. Start thinking…
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