Some companies have been able to not only accelerate growth but also increase profitability while facing economic headwinds. As dental offices begin to reopen and rebound from the COVID-19 crisis, practice owners should focus on three key dimensions to navigate the economic downturn and come out the other side stronger.
Tag: practice finance
5 Ways to Make Your Practice Equity Work Harder For You
You’ve invested plenty of time and money to build your dental practice into a significant asset. Perhaps it’s time to put the equity you’ve accumulated to work for you in order to take advantage of business and growth opportunities. Tapping into your practice equity now […]
What you can learn from design competition winners
The Dental Office Design Competition, sponsored by Wells Fargo Practice Finance, Dental Economics and the American Dental Association, was initiated in 1999 as an inspiration and learning tool for dentists planning to build or remodel their own practices. Since then, over 60 practices across the […]
Refinancing Existing Debt to Generate Cash Flow
If you’re like most of us, the very idea of refinancing your debt in the midst of a busy career and home life is enough to give you heart palpitations! But the truth is that if you are carrying debt that is over four years […]
Section 179 and Purchasing Equipment in 2013
With a new tax season come new possibilities, and we at Patterson are excited to offer you new opportunities to improve your practice with cutting-edge equipment in 2013. Whether it’s the latest from CEREC or a sterilizer you’ve had your eye on for months, tax […]