Financial Flossing

Scott Manning has dedicated nearly 20 years of his career to helping Dentists across North America create successful businesses based around their values and goals - with a focus on transforming Dental Practices in order to maximize the degree to which Dentists experience happiness, fulfillment, and of course, profits. He has created specialized formulas and protocols that form what he calls the Practice Profit Blueprints - a suite of integrated business systems designed to help Dentists achieve maximum leverage of their time in the office, while keeping their schedules filled up with the right kind of patients. He’s the author of a dozen dental industry specific books, including How Any Doctor Can Experience Dental Success Today. Listen to this Financial Flossing episode, where Scott explains ways to save time, and experience dental success. Here is what to expect on this week’s show:A look at financial wisdom in Scott’s books that they don’t teach in dental school, and how you can implement that wisdom to take your practice to the next levelHow to reverse engineer a plan for your time and money to work the hours and get the pay you wantBeing “productive” instead of “busy” in a job field where constant activity may not always mean constant accomplishmentGetting ahead on your schedule enough to take time to yourselfStories from Scott’s clients of how they not only grew in revenue, but made a profit after taking his adviceConnect with Scott:WEBSITE: https://dentalsuccesstoday.com/FACEBOOK: https://www.facebook.com/dentalsuccesstoday/LINKEDIN: https://www.linkedin.com/in/1scottmanning/Learn more about your ad choices. Visit megaphone.fm/adchoices

Patrick CampbellFinancial Flossing: Guiding Dental Professionals to a Brighter Future with Ross Brannon Episode 042: Winning the Student Debt Battle: Lessons from a Military Dentist A 2020 graduate of Marquette University School of Dentistry, Patrick Campbell is currently a practicing dentist for the US Navy. Most recently, he has been on the “green-side” treating service members of the Marine Corps. Before dental school, he started to look at alternative career paths for his dental career (and of course ways to pay for school) which is when he found the Navy’s Health Professions Scholarship Program. After a long application process, he was commissioned as a Dental officer in the US Navy and attended Officer Development School in the summer of 2020. In his free time, he enjoys producing engaging, light-hearted, easily digestible dental content for “The Eval”- a bi-weekly newsletter. Listen to this information-packed Financial Flossing episode, where Patrick breaks down the financial pros and cons of working as a military dentist. Here is what to expect on this week’s show:The financial and patriotic reasons that led Patrick to a career in military dentistryWhat Patrick learned from providing dental care to Afghan refugees while on base in AfghanistanAdded responsibilities that military dentists have to take on, and skills they need to learnWhat Patrick learned about loans in dental school, and how he utilized the benefits that the Navy provided him to reach his goals in as little debt as possibleWhat the Thrift Savings Plan is, and how it’s different from a 401KConnect with Patrick:LINKEDIN: https://www.linkedin.com/in/patrick-campbell-066132182/Learn more about your ad choices. Visit megaphone.fm/adchoices

Dr. Michele BishopFinancial Flossing: Guiding Dental Professionals to a Brighter Future with Ross Brannon Episode 041: From Government to Private Practice: Lessons from Both IndustriesAt Ingram Hills Dental, Dr. Bishop takes pride in using high power magnification to perform minimally invasive restorative and cosmetic dentistry. She uses many of the latest technological advances including digital radiography, digital photography and digital scanning. She refers her patients to the very best specialists when appropriate. She would welcome the opportunity to be your dentist as well, making herself readily available to answer any questions you may have about your dental care and being there for you in an emergency. Successful dentistry is done when there is great communication between the patient and dentist. Dr. Bishop believes in listening to your concerns and making sure you have all the information you need to make well informed decisions to improve your oral health.  Listen to this information-packed Financial Flossing episode, where Dr. Bishop explains her success in dentistry. Here is what to expect on this week’s show:What made Michele decide to go to dental school after working as a dental assistantTips on establishing a presence in the dental community of whatever city you live in, even after moving to a brand new cityWays to carve out a niche patient base in cities with diverse demographicsHow Michele accounts for her repeated awards and success in San AntonioWhy knowing how to run a business is important as a dentist, despite it not being taught in dental schoolLessons that private industry could learn from the government sector, from Michele, who has worked in bothConnect with Dr. Bishop:WEBSITE: http://www.ingramhillsdental.com/FACEBOOK: https://www.facebook.com/IngramhillsdentalPODCAST: https://www.facebook.com/groups/845964776010825/Learn more about your ad choices. Visit megaphone.fm/adchoices

Matt LarsonFinancial Flossing: Guiding Dental Professionals to a Brighter Future with Ross Brannon Episode 040: In Business and In Health: Lessons from Married Co-Practice OwnersDr. Matt’s interest in helping people live healthier, more confident lives led him to pursue a career in orthodontics. After completing a three-year orthodontic residency at the University of North Carolina at Chapel Hill, he co-founded Larson Orthodontics with his wife, Dr. Katie Larson. Over the last 10 years, they have purposefully guided the practice into the thriving office it is today, recently opening a new state-of-the-art facility in Altoona, WI. In addition to being a board-certified orthodontist, he is an associate clinical professor at the University of Minnesota, where he teaches orthodontic treatment planning and biomechanics to orthodontic residents. He also serves on the AAO Committee on Technology (CTECH) and the AAO Committee on Conferences (CCON).  He has assisted in abstracting orthodontic journal articles for Practical Reviews in Orthodontics, editing the most recent edition of Contemporary Orthodontics (a prominent orthodontic textbook), and published a textbook chapter, multiple articles, and posters on his orthodontic research.  Listen to this information-packed Financial Flossing episode, where Matt accounts for the success that he and his wife Katie share as co-owners of Larson Orthodontics. Here is what to expect on this week’s show:How Matt and Katie founded and grew Larson OrthodonticsHow Matt and Katie went from associates to practice co-owners, and tips on building your own practice from scratch Marketing tips from someone who has earned a well-established community presence in Wisconsin over the course of 10 yearsAdvantages and stress points of working alongside your spouseTips on establishing yourself in a small town or smaller cityConnect with Matt:WEBSITE: https://www.larsonsmiles.com/FACEBOOK: https://www.facebook.com/larsonsmilesTWITTER: https://twitter.com/larsonsmilesLearn more about your ad choices. Visit megaphone.fm/adchoices

Diana WuFinancial Flossing: Guiding Dental Professionals to a Brighter Future with Ross Brannon Episode 039: Maintaining a Positive Office CultureDiana’s story started in Cebu, Philippines. As a child, she loved working with her hands, and loved helping people. She studied dental medicine at Cebu Doctors’ University in Cebu, and later obtained her Doctor of Dental Surgery degree with distinction from Indiana University. In recognition of her academic excellence, she was inducted into the Theta chapter of Omicron Kappa Upsilon National Dental Honor Society in 2012. She is also a recipient of muerous awards, such as: Seattle Met Top Dentist, America’s Best Dentist, top Doctor, top Dentist, Expertise.  Her journey into practice ownership arose from her desire to provide a better quality of care for her patients, a better work environment and culture for her team, and an overall better quality of life for everyone. She focuses on creating systems and making the office as efficient as possible with patient experience in mind. For years since her start up, her office has grown rapidly, thriving, and is now accepting patients via word-of-mouth referrals, as well as attracting top-talent seeking opportunities in the practice. Listen to this information-packed Financial Flossing episode, where Diana shares tips on relocating and rebuilding with respect for your staff and patients in mind first. Here is what to expect on this week’s show:Hoops you may have to jump through if you’re looking to move to the US to practice dentistryHow Diana built up enough of her own reputation to leave her associate dentist position and start her own dental firm Tips on relocating to a different city and building your own dental practice, staff, and reputation from scratchWhy Diana chalks her reputation as the best dentist in Issaquah up to the way she treats her staff and patientsWhy a culture of respect and care in a dental practice is so important to maintainHow to apply the same mindset of patience and forgiveness to not only your relationships with staff and patients, but with yourself as wellConnect with Diana:WEBSITE: https://www.issaquahpremierdental.com/FACEBOOK: https://www.facebook.com/issaquahpremierdental/LINKEDIN: https://linkedin.com/company/issaquahpremierdentalTWITTER: https://twitter.com/issaquahpremierINSTAGRAM: https://www.instagram.com/issaquahpremierdental/ YOUTUBE: https://www.youtube.com/channel/UCWerikVBUnQcnG7AG_D-vCQYELP: https://www.yelp.ca/biz/issaquah-premier-dental-issaquah-6GOOGLE: https://g.page/issaquahpremierdental/PINTEREST: https://www.pinterest.ca/issaquahpremierdental/Learn more about your ad choices. Visit megaphone.fm/adchoices

David BlockFinancial Flossing: Guiding Dental Professionals to a Brighter Future with Ross Brannon Episode 038: Five Decades Worth of Financial TipsDavid Block has distinguished himself as more than just an ordinary lab owner over the past thirty-seven years. As the chief executive of Aesthetic Porcelain Studios, Inc., he has overseen many innovations to the dental laboratory profession and earned the trust of thousands of dentists who have come to rely on his laboratory’s services.  Listen to this information-packed Financial Flossing episode, where David gives out valuable financial tips from a long time in the dentistry game. Here is what to expect on this week’s show:What David has learned through over 5 decades in the dental industry, how he has seen the landscape change, and what changes he thinks are comingWhy dentists have stopped outsourcing different procedures, Potential sources of income to consider even if your “hands aren’t in someone’s mouth” at the timeWhat the widespread corporate commoditization of dentistry means for younger dentists starting up, and older dentists looking to retireHow inflation can eat away at your retirement savingsWhat it would take for David to sell to a DSOConnect with David:WEBSITE: https://aestheticporcelain.com/LINKEDIN: https://www.linkedin.com/in/david-block-a0508615/INSTAGRAM: https://www.instagram.com/aesthetic_porcelain_studios/Learn more about your ad choices. Visit megaphone.fm/adchoices

Chris JohnsenFinancial Flossing: Guiding Dental Professionals to a Brighter Future with Ross Brannon Episode 037: What Your Business Attorney Can Do For YouWith a dual JD/MBA, entrepreneurial spirit and an array of business experience, Chris Johnsen offers an unrivaled, dual approach to solving the toughest problems facing today’s businesses. His legal expertise spans small to large corporate clients in a variety of industries. In addition, his experience as a business owner in advertising, retail and real estate has uniquely prepared him to bring business-centric judgment and perspective to his clients. The result is a lawyer who speaks strategy in plain language—which is rare enough on its own—with all the finesse and negotiating skills that accompany legal practice expertise. Before starting Johnsen Law, Chris was a partner at international law firm Holland & Knight, where he represented both small and large corporate clients in a wide range of corporate matters. His practice specializes in business law, and he has experience representing clients in various industries, including oil and gas, transportation, healthcare, technology, medical, entertainment, retail, financial services, securities and real estate. Above all, Chris stays focused on his top priority: helping businesses succeed. Listen to this information-packed Financial Flossing episode, where Chris gives legal tips for dentists that you won’t want to miss.Here is what to expect on this week’s show:What “JD” stands for, what a business lawyer does, and what they can do for dentistsThe difference between generalist and specialist attorneys- and which is right for you in your situationWhy having a business lawyer with a background in business makes senseWhy dentists should learn the basics of mergers and acquisitionsWhy most financially successful dentists have a solid personal umbrella liability policyHow saving your money too much might be bringing you down, and how to know when to spend itConnect with Chris:WEBSITE: https://johnsenlaw.com/LINKEDIN: https://www.linkedin.com/company/johnsen-law/INSTAGRAM: https://instagram.com/johnsenlegalFACEBOOK: https://www.facebook.com/johnsenlawLearn more about your ad choices. Visit megaphone.fm/adchoices

Randy CrabtreeFinancial Flossing: Guiding Dental Professionals to a Brighter Future with Ross Brannon Episode 036: What Tax Credits Do I Qualify For?Randy Crabtree, co-founder and partner of Tri-Merit Specialty Tax Professionals, is a widely followed author, lecturer and podcast host for the accounting profession. Since 2019, he has hosted the bi-weekly “The Unique CPA,” podcast. Schaumburg, Illinois-based Tri-Merit is a niche professional services firm that specializes in helping CPAs and their clients benefit from tax credits and incentives including R&D tax credits, cost segregation, energy efficient incentives (179D and 45L), and the employee retention credit (ERC). Prior to joining Tri-Merit, Crabtree was managing partner of a CPA firm in the greater Chicago area. He has more than 30 years of public accounting and tax consulting experience in a wide variety of industries and has worked closely with top executives to help them optimize their tax planning strategies.Listen to this information-packed Financial Flossing episode, where Randy breaks down various tax credits, and how they affect dentists.Here is what to expect on this week’s show:What the Employee Retention Credit is, and how it affects dentistsHow Randy’s firm helps CPAs bring tax savings to their clientsHow ERC definitions changed from quarter to quarter, how that affected dentists, and how it may affect them in the futureHow to tell if an “ERC specialist” is legitimateA definition of “cost segregation,” and how it affects dentistsWhy the R&D tax credit’s applicability to dentists can be problematic, and the ways in which you may or may not qualify for themConnect with Randy:WEBSITE: https://tri-merit.com/LINKEDIN: https://www.linkedin.com/in/randy-crabtree-1945a67/FACEBOOK: https://www.facebook.com/TriMerit/TWITTER: https://twitter.com/rancrabPODCAST: https://podcasts.apple.com/us/podcast/the-unique-cpa/id1484824707Learn more about your ad choices. Visit megaphone.fm/adchoices

Kyle RothFinancial Flossing: Guiding Dental Professionals to a Brighter Future with Ross Brannon Episode 035: The Who, What, When, Where, and Why of Selling Your PracticeDr. Kyle Roth is a 1999 graduate of the UNC-Chapel Hill School of Dentistry. He owned and operated 36 dental practices in North Carolina. He is a former adjunct professor at UNC School of Dentistry, the founder and president of Encompass Dental Transitions since 2004, and is the co-owner of North Carolina Dental University school for dental assistants. Additionally, Kyle is a speaker, author, and former accountant. Listen to this information-packed Financial Flossing episode, where Kyle breaks down a number of things you need to know before you decide to sell your practice.Here is what to expect on this week’s show:What made Kyle want to transition from being an accountant to being a dentist, and how he turned his first three practices into the fastest growing brokerage services in the United StatesWhy Kyle thinks DSOs will only continue growing, and why dentists are starting their own DSOsFactors to consider when thinking about selling VS keeping your practiceWhy you may need to get an updated valuation on your practice, and what brokers are seeing practices selling for nowAesthetic and practical choices that may be making your practice look less attractive to buyersWhy Encompass’ approach of “by dentists, for dentists” puts them at a unique advantage over other brokeragesConnect with Kyle:WEBSITE: https://encompass-ihc.com/LINKEDIN: https://www.linkedin.com/company/encompassdental/INSTAGRAM: https://www.instagram.com/drkyleroth/FACEBOOK: https://www.facebook.com/encompassdentaltransitions/TWITTER: https://twitter.com/rothkyleLearn more about your ad choices. Visit megaphone.fm/adchoices

Suzanne EbertFinancial Flossing: Guiding Dental Professionals to a Brighter Future with Ross Brannon Episode 034: Protecting Your Practice’s LegacyDr. Ebert built a successful dental practice from scratch. After selling her practice, she became the Dental Director of a Federally Qualified Health Center where she provided high quality care to underserved populations. She joined ADA Practice Transitions as the ADA Advisor to provide real and tangible benefits to dentists as well as helping to address access to care issues across the country. She is currently ADAPT's VP of the Business Innovations Group. Listen to this information-packed Financial Flossing episode, where Suzanne shares ways to protect your dental practice’s legacy when considering selling it.Here is what to expect on this week’s show:What made Suzanne want to become a dentistAdvice Suzanne would give to a dentist looking to grow and sell their own practice from scratchThe unique way that ADAPT matches buyers and sellers of dental practices, and the key indicators they look for when making these connectionsTraits beyond amount of money offered to look for in a buyer when selling your practiceAdvice that Suzanne would give to a dentist considering retirementConnect with Suzanne:WEBSITE: https://www.adapracticetransitions.com/FACEBOOK: https://www.facebook.com/ADAPracticeTransitions/LINKEDIN: https://www.linkedin.com/in/suzanne-ebert-907670174/INSTAGRAM: https://www.instagram.com/adapracticetransitionsLearn more about your ad choices. Visit megaphone.fm/adchoices