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Dental Practice Benchmarking
Have you ever wondered how your dental practice measures up financially compared to others in your area? Benchmarking data holds the key to unlocking this vital insight, allowing you to make informed decisions for your practice’s success. This thorough analysis enables you to assess your practice’s fiscal performance against similar dental offices, revealing areas of strength and opportunities for improvement.
With benchmarking, you can gain clarity on your practice’s competitiveness across various financial aspects. From the cost-effectiveness of operations to staffing needs, expense management, and lab fees, this valuable data empowers you to optimize your practice’s profitability and competitiveness. You can even gauge if your staff salaries and benefits align with industry and regional trends, striking the right balance to keep your employees satisfied and your practice flourishing.
Pinpointing financial strengths and weaknesses is paramount for effective business management. At RS Dental CPA, we specialize in leveraging local benchmarking data to uncover what’s working and where refinements are needed. Our team is dedicated to guiding you through the implementation of crucial changes that enhance efficiencies, boost profits, and mitigate staffing challenges.
Take charge of your practice’s financial success! Call us now at 860-578-4283 or request a consultation through our website to learn more and embark on your journey to financial excellence with RS Dental CPA. Your practice’s brighter future starts today!
Our benchmarking data for the dental industry includes:
- Benchmarking for dental practices
- Equipment and overhead analysis
- Lab fees analysis
- Evaluation of labor costs and compensation formulas
- Production per hour comparisons
- Average monthly production in accounts receivable
Send Us a File
Send us your tax documents safely and securely with our file sharing tool.
Newsletter Sign-Up
Receive financial tips, tax due dates and tax strategies right in your inbox.
Dental Practice Accounting Services
Dentists and other oral healthcare providers can spend an excessive amount of time managing their financial records. At Peter J. Freuler & Associates, CPA, we specialize in healthcare accounting services designed to save dentists both time and money, allowing you to spend more time running your practice.
We’ll take care of your bookkeeping, manage cash flow, handle tax planning, and provide you with organized financial reports. Our dental accounting services will assist you in growing and maintaining a profitable practice for years to come.
As a Florida CPA firm that works in partnership with family dentists, orthodontists, oral surgeons, and other dental professionals, Peter J. Freuler & Associates, CPA has a keen and experienced understanding of the financial challenges you face. Call 407-847-6600 today to schedule a free consultation and financial checkup for your dental practice.
Our accounting services for dental practices include:
- Cloud accounting solutions
- Outsourced bookkeeping
- Cash flow analysis and management
- Forecasting and budgeting
- Practice start-up assistance for new dentists
- Benchmarking and overhead analysis
- Practice transitions
- Profit coaching
- Business loan assistance
- QuickBooks™ accounting software set-up and support
