A reactive accounting firm files your taxes in April. A proactive accounting partner is in your corner every single month of the year, making decisions with you, not for you after the fact.
A healthy dental practice typically tracks eight core financial metrics, but six of them are the ones that separate a practice that builds real wealth from one that just stays busy.
Most chiropractors I talk to are excellent clinicians. They have built something real. But when the conversation turns to practice finances, this same pattern shows up almost every time.
A healthcare practice in Stabilize mode is financially functional but not financially clear.
You survived another tax season. The check cleared. The paperwork got filed. And somewhere in the middle of it all, you told yourself: “Next year will be different.”But will it?
If selling your dental practice to a Dental Service Organization is on your horizon, the most important thing you can do right now has nothing to do with finding a buyer.
When you’re running a business, there’s a moment, usually somewhere around year two or three, when “just keep the books clean” stops feeling like enough. Revenue is coming in, the team is growing, and yet somehow you still feel like you’re flying blind.
Profit doesn’t just disappear. It leaks away slowly.
Hiring more is not the same as growing more. The financials are what tell you whichone you are actually doing.
I was on a call recently with a dental practice owner who was genuinely confused.Production was up. Patients were coming in. The schedule looked healthy.
If you’ve ever asked yourself what numbers you should be looking at each month, you’re not alone.
How to Think About Bookkeeping, Payroll, Accounts Payable, and AR Separately
A stress free guide for new business owners on quarterly tax filing, understand deadlines, deductions, penalties and best practices to stay compliant and avoid surprises.
It was a privilege to join Gordon Brewer from the Practice of Therapy Podcast to talk about the financial side of private practice, and why understanding your numbers is essential to running a sustainable business.
At Red Bike Advisors, we use what we call the Breakaway Personal Wealth Pyramid toexplain how real wealth is built — and why so many $1M–$10M business owners nevermove past the first level.