The Millionaire Dentist Blog

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1 min read

It’s Not Too Late to Save for Your Retirement

It’s never truly too late to start saving for your retirement. Starting early is certainly better. A person who saves $20,000 a year for 25 years will, at the end, have $1.46 million saved. But to get that same amount in only 15 years, you’ll have...

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INFOGRAPHIC: 4 Symptoms of a Sick Dental Practice

You run a successful practice and you're making a good income - but you know things can be better. You've tried practice management and marketing...

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2 min read

How Your Practice Can Survive a Few Slow Months

Put simply, the secret to making it through slow times as a dentist is great planning. If you have a good idea of what’s coming, and you have a plan...

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2 min read

How Much Do You Need to Save for Your Retirement This Year?

Common sense and logic tell us that the earlier you start saving for retirement, the better off you are. Interest compounds, so money saved at age 30...

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2 min read

Reducing the Risks of a Partnership Failing: Part 2

Last week I talked about the preparation that needs to be done before hiring an associate to make sure your partnership works out. After all, 75% of...

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1 min read

Reducing the Risks of a Partnership Failing: Part 1

75% of new associates hired in dentistry never become a partner. There are a lot of reasons for that, but one of the primary ones is that many...

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2 min read

3 Things Every Dentist Needs to Keep Work Manageable

A dentist is most productive and most profitable when they’re in the chair. But someone has to run the business side of the practice as well, and...

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2 min read

Do You Have a Reactive Accountant?

It’s important to have a great – not just good – relationship with your accountant. They have a big role to play in running your practice, and...

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2 min read

When Should I Pay Off My Debt?

For someone without a lot of financial expertise, it may seem obvious that if you’re in debt, you should pay it off as soon as possible. And that...

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2 min read

How To Be Sure You Avoid Tax Surprises

If you’re already tight on cash, the last thing you want is a large expense that comes out of nowhere. And when a dental practice isn’t prepared to...

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2 min read

3 Corporate Structures Explained - and the One That's Right for Your Practice

When forming a business, there are important decisions that have to be made, decisions that will end up impacting you for years to come. If you’re...

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2 min read

3 Things Every Dentist Should Ask Before Buying New Equipment

The call of a new piece of equipment can be alluring. It could be that it opens up new procedures to your practice, or just that the other dentist in...

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