Making "Cents" of Dental Accounting

Visit All-Star Dental Academy: www.allstardentalacademy.com
I’m joined by a true star in the dental industry, Chris Cuadros from Crossroads Tax Advisors. Chris and his team are experts at helping dental professionals succeed, bringing modern accounting solutions and business technology to the table to help create real-time financial success. We’re so happy to have him joining us at the All-Star Practice Growth Summit in May, where he’ll be sharing his advice and insights on accounting and tax issues for dental professionals.
Key Highlights
[00:16] Introducing Chris Cuadros
[01:00] Crossroads background
[03:28] Why dentists need a dental-specific CPA
[05:47] Necessary tax compliance elements for dentists
[10:53] Accounting as the language of business
[14:44] Using modern technology to make accounting easy for everyone
[16:26] Biggest issues in tax and accounting in dentistry
[17:41] The benefits of working with a dental-specific accounting firm
[20:47] How coaching and consulting enhance business success
[22:03] The one thing you can do today to improve your tax savings
[24:30] Where to learn more about Crossroads and Chris
Notable Quotes
[01:34] Dentists are good folks; they just need help because you don’t get business courses in dental school. - Chris
[07:13] You have to figure out where the money’s coming in, where it’s going out, and where there are some opportunities to improve overhead. - Chris
[11:40] Having KPIs that have KPIs is just like having x-rays and not knowing what to do with them. And being educated to make decisions based on the KPIs is very important. - Alex
[13:10] A very bad lawyer is one that represents themselves. - Alex
[14:27] You can still run your business like a business and provide amazing customer service and a great patient experience.- Alex
[18:18] Typically, our first-year client will have a 6% increase in revenue and an 8% to 10% increase in profits with an average of 212% increase in retirement savings. - Chris
[20:55] Success is a culmination of multiple decisions. And the better decision you can make, the better off you’re going to be. -Alex
Resources
Learn more about Crossroads Tax Advisors:
Website: crossroadstax.com/
Email Jason Hite: infocrossroadstax.com
Call: [phone]
Learn more about the All-Star Practice Growth Summit: www.allstardentalacademy.com/...
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