Sales Tax Harmonization reduces your bottom line?

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The Harmonized Sales Tax (HST) (i.e. combining the Ontario provincial sales tax with the Federal Goods and Services Tax) is scheduled to be implemented July 3, 2010. What does it mean to a dental professional? Operating costs The sales tax on certain expenses will now be 13% rather than 5%. These expenses may include but … Read more

Hillsview Dental Care

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Design a chic yet contemporary dental office that doesn’t look like a dental office within a set budget. This was the challenge posed for designing Hillsview Dental Care, on Stream d.c.p. Inc., a residential design firm. Hila and her team’s (Kathy and Tina) biggest challenge would be to create a distinctive yet functional office in … Read more

Commercial Lease Renewal Do’s & Don’ts for Dental Tenants

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In leasing, dental tenants don’t get what they deserve – they get what they negotiate! Since 1993, I have been helping dentists and other commercial tenants learn the Do’s & Don’ts of Negotiating Commercial Leases and Renewals. Here are a few tips: 1Create competition for your tenancy. Negotiate on multiple locations simultaneously – especially with … Read more

Prevora to be Marketed to All Canadian Dental Offices

Prevora, the only Health Canada approved preventive treatment of adult tooth decay at the gum line (root caries), now the number one dental disease in many dental offices, will be marketed across Canada starting in April 2009.  This new, in-office prescription drug has undergone an extensive and successful test marketing program near Toronto. The novel … Read more

Developing a successful financial system

Financial guidelines are the key to practice success. A rock-solid payment system can significantly impact your practice’s financial health by improving cash flow, increasing treatment acceptance, and contributing to the overall contentment of your staff. But how can you implement effective financial guidelines if you don’t know which techniques are effective?