Where does my money go? Is my dental practice overhead too high? Have you asked colleagues how much their overhead is? Have you received answers from 40% all the way up to 90%? Don’t worry, most of the confusion is due to how they define their overhead. Some doctors may view their overhead as everything that […]
Category: Profits
How to Split Profits With a Partner
Thinking about adding a new partner into your medical practice? How are you going to split profits? Depending on your entity status you probably have been taking your salary/draw in a tax efficient way. Also, many of you have been using the practice as your personal check book in an effort to lower your taxes. […]