Dental Practice Benchmarking
The day-to-day challenges of managing a dental practice can sometimes feel overwhelming for busy dentists. Making sure your practice is in compliance with government regulations while trying to manage cash flow and accounting tasks can consume the energy you'd rather direct towards patient care. R. Lee Pennington, CPA, LLC can help. We offer practice benchmarking and coaching for dentists in Atlanta.
We begin by conducting a comprehensive review of your practice to identify where operational improvements can be made. Then we show you how to implement changes that will simplify accounting procedures. We carefully organize your record-keeping system, improve internal controls and eliminate unnecessary expenses. The result is that your operations will become more efficient, paving the way for new business growth. R. Lee Pennington, CPA, LLC is also equipped to assist you with practice transition services such as mergers, acquisitions and succession planning.
Call us at 404-566-7720 today to discuss the specific needs and concerns of your practice with a trusted, experienced Atlanta dental CPA firm. We offer a free initial consultation.
Our suite of practice benchmarking services include:
- Aggressive tax planning
- Choosing the right type of entity for your practice
- Strategic growth planning
- Practice start-up consultation
- Overhead analysis
- Capital acquisitions
- Lease vs. buy analysis
- Business continuation planning
- Operational review and implementing improvements
- Financing assistance
- Business plans
- Equipment acquisition planning
- New dentist program
Our dental practice transition services including:
- Mergers
- Acquisitions
- Partnerships
- Buy/sell agreements
- Real estate sale or purchase
- Financing
- Adequacy of life insurance
- Liquidation or reorganization of a practice
- Litigation support
- Succession planning
