Author name: Graham R. Tuck

PPS Brokerage Logo

Has your Practice Facility Kept Up With Your Billings?

Back in November 2005 I wrote about this same topic and the rules have not changed. You may have started out with two operatories and grown to three or four but you may be in the same location. Neighborhoods change, have you? If your practice is now worth a million dollars does your practice look like a million dollars? One can get used to the same four walls but you should step back and critically look at your practice as others would see it. A valuation would do the same as if new eyes were looking at your practice.

Has your Practice Facility Kept Up With Your Billings? Read More »

PPS Brokerage Logo

Only Trusted Staff Can Defraud You

I talk to many dentists and I am surprised at the number of dentists that have been defrauded by their staff. There are many ways that individuals can defraud you. Generally it is not more than one employee. Due to the limited number of staff in some practices it is difficult to divide up the duties to have good internal control. If multiple staff members act in collusion they could get away with gross fraud for years unless the doctor or their spouse insert themselves into the system to keep an overview of certain key reports such as the deleted treatment or cancelled charges reports.

Only Trusted Staff Can Defraud You Read More »

PPS Brokerage Logo

Taking Care of Business

I am fortunate to have David Lind here to service our clients while Val and I went for a cruise in the Orient. Beijing for three days then the cruise; Tianjin to Shanghai, Okinawa, Taiwan, Hong Kong, two ports in Vietnam, Singapore then Bangkok for three days. We stopped in Vancouver both directions and visited some friends. A great vacation! But when we arrived home we had five inches of water in the basement. Both sump pumps failed.

Taking Care of Business Read More »

PPS Brokerage Logo

Two areas to focus upon that could negatively impact the value of your practice

Good basic dentistry is the bread and butter of most practices. Cosmetic dentistry, implants, full mouth reconstructions are great skills to have but may be the first to be dropped in hard times. A downturn in the economy will not impact all practices the same way. Be one of the winners.

Two areas to focus upon that could negatively impact the value of your practice Read More »

PPS Brokerage Logo

Having a Better Team

Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! I talk about “stars” to most dentists for whom we are doing a valuation. A “star” is an employee who is worth their weight in gold because they handle their job with an expertise and speed that others cannot do. I

Having a Better Team Read More »

Have Questions?

We're Here To Help

If you would like more information regarding our services, please reach out anytime. Our PPS Team look forward to connecting

ON: 1-905-472-6000

BC: 1-604-913-7717