Accounting Blog

LBAHS Partners with Ceterus for Dental Practice Accounting

Posted on Thu, Feb 21, 2019

We are proud to announce our partnership with accounting technology company, Ceterus. Through this strategic partnership, our firm will be better positioned to provide client accounting services, particularly for our growing client base in the dental industry.

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Tags: outsourced accounting, women dentists, Charlotte dentists

Dental Practice Lifecycle: Sale of Practice & Retirement

Posted on Mon, Sep 10, 2018

After the start-up and acquisition phase and years of hard work growing your own dental Practice, you may be ready to hang up the gloves and retire but are not sure where to start.

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Tags: accounting firm, Mount Airy, Greensboro CPA, LBA Haynes Strand Capital Advisors, business for sale, Matthews CPA, women dentists, dentists Charlotte, NC, Charlotte dentists

Dental Practice Lifecycle: Growth & Maintenance

Posted on Tue, Aug 21, 2018

After the start-up and acquisition phase is complete and you have a regular patient base established, you’ll find yourself in the growth and maintenance phase.  At this point, you may be wondering how your Practice compares to others in the industry or maybe you’re ambitious and curious about growing into a two-Practice owner (three-Practice, four-Practice or more)!

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Tags: accounting firm, Mount Airy, Greensboro CPA, Matthews CPA, women dentists, dentists Charlotte, NC, Charlotte dentists

Dental Practice Lifecycle: Start Up & Acquisition

Posted on Wed, Aug 08, 2018

Every dental Practice follows its own unique lifecycle, however, there are a few main phases it will pass through as it continues to grow and evolve that we’d like to focus on:

•    Start Up & Acquisition
•    Growth & Maintenance
•    Sale of Practice & Retirement

Before you enter any phase, we highly encourage any future Practice owner to seek out professionals who specialize in the dental industry.  There are many pain points that can be avoided by working with a CPA, attorney, banker, etc. who specialize in the dental industry and can guide you in the right direction from step one. 

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Tags: accounting firm, Mount Airy, Greensboro CPA, Matthews CPA, women dentists, dentists Charlotte, NC, Charlotte dentists

Dental Practice Lifecycle: Introduction

Posted on Tue, Jul 10, 2018

Over the next few weeks our dental team here at LBA Haynes Strand will be presenting a series of blog posts related to the lifecycle of a dental Practice. Items we will be highlighting include:

• An overview and introduction to the stages within the dental Practice lifecycle
• Key questions to ask when buying a dental Practice
Selling your dental Practice

As we move through these topics we will strive to provide up to date, informative and helpful information for today’s dental Practice owner whether you are in the first stages of starting your Practice or looking at retirement.

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Tags: accounting firm, Mount Airy, Greensboro CPA, Matthews CPA, women dentists, dentists Charlotte, NC, Charlotte dentists