"I've had a successful dental practice for 25 years. I used to manage my practice based on what I was taught in dental school. Take care of patients and you will be profitable. This strategy worked fine but I was leaving money on the table.
Two years ago, Rick Vanden Heuvel and his team called attention to the fact that my employees were underproducing. In an effort to correct this issue, the staff at RVHCPA took the time to work with me to put together a 20 year budget and related compensation package. The budget was based on production for both my doctors and my hygienists.
This 20 year budget was and continues to be a tremendous tool for me. My entire staff now knows exactly what is expected of them. It allows me to continually measure the success and/or failures in each area of my business. It also allows me to clearly demonstrate the future profitability for potential partners. In addition, the 20 year budget was very helpful in the merging of another dental practice.
I am happy to say that we are on track to meet our budget again this year - which means we will have grown by 68% in 2 years! I also have the peace of mind knowing that when I retire, I will have the people and the processes in place to ensure that the full value of my practice is realized.
Thank you to Rick and the staff at Rick Vanden Heuvel CPA, S.C."
Dr. John Busby,
Affiliated Dentists
