Whether you're managing your own dental practice or pursuing your passion through a side hustle, understanding the tax write-offs available can significantly impact your financial outlook. Let's delve into some valuable deductions tailored to both dental professionals and individuals with side businesses, empowering you to make impactful financial decisions.
Read MoreSo you’ve decided to take that next big step and start a business or side hustle. You have your idea, business plan and everything else in place but now need to make your business legitimate. Many small business owners decide to set up an LLC for the liability protection it provides. An LLC, or limited liability company, exists separately from its owners , and the owners are, therefore not personally responsible for business debts.
Read MoreWith how hectic the everyday operations of a dental practice can be, sometimes big-picture strategies are left on the back burner. However, adopting a data-driven approach and analyzing your dental business’s data is one of the surefire ways to recognize opportunities that can improve your practice.
Read MoreThe key to successfully starting a dental practice is to plan for it. That means saving up, optimizing your credit score, and making yourself attractive to lenders so that when it comes time to take out a dental practice loan you will easily be approved.
Read MoreOne of the most common questions among dentists who want to start their own practice is whether to buy or lease a commercial property. Through in-depth analysis, it was concluded that buying commercial property is the better option if you plan on staying in the same location for 7 or more years.
Read MoreThere are many factors involved in opening your own dental office which can be both confusing and overwhelming. Knowing the correct steps to take can help you save a lot of time and money and keep you on track to starting your dream dental practice.
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