Dental Practice Planning
We have a deep understanding of the financial and management issues of dental and specialty practices which enables us to provide value to clients with regards to their business.
As part of the comprehensive personal planning session, we focus intently on the dental practice from a financial, tax and managerial perspective. We help our clients formulate growth strategies, control expenses, and take advantage of tax-saving opportunities. Establishing the break-even for the practice assures that the financial resources are utilized efficiently.
A typical dental business planning meeting with Paladini Financial Management will address the following areas of concern.
- Business Cash Flow & Financial Statement Analysis
- Industry Norm Comparisons – including salaries, fees, supply budgets and overhead
- Challenge / Opportunity Identification
- Production Break-Even Goals
- Practice Management Measures
- Income Tax Planning
- Pension Planning
- Tax Planning
- Insurance Review
Proper financial management of our clients’ dental businesses focuses on both improving profitability in the short-term for personal cash flow and maximizing the overall transition value of the business.
For greater detail on how our dental business planning services can help you, we invite you to call us today!