Well-managed bank and credit card statements are your practice’s ticket to a reliable profit and loss statement. Here’s a primer on some key terms and equations. A business’s profit and loss (P&L) statement is one of its most crucial living documents, so-called...
Passing your practice to a corporation could mean renewed growth and opportunities. It could also be a step backward. Consider these pros and cons before selling to a corporate buyer. The Benefits Greater Expansion and Compensation Opportunities Joining a corporate...
Americans are paying more than ever for health care. Since 2000, the price of medical care, including services provided, as well as insurance, drugs, and medical equipment, has increased by 115.1%. In contrast, prices for all consumer goods and services rose by 78.2%...
A chiropractor’s first 12 months in practice can be a shaky time. “What do I do?” is the big question, but “What don’t I do?” is arguably more important. Review our preventative tips to avoid some rookie mistakes. Careless Compliance and Documentation Even the most...
What’s the biggest HR risk in any business? The answer is a lack of awareness among the HR staff members themselves regarding the numerous in-house threats to smooth operations. Let’s discuss some of the most common HR risks for small businesses and what can be done...
