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Think mastering modern accounting software could boost your dental practice’s profitability? You’re absolutely right! In this episode, I chat with Arun Sachdev, a specialist accountant for dentists, who shares his top financial planning hacks. We’ll dive into why ditching old-school accounting methods and switching to tools like Xero, QuickBooks, and FreeAgent can keep you on top of real-time financial data. Arun’s got loads of tips on financial monitoring, tax planning, and how having a dedicated accountant or bookkeeper can ensure your practice keeps growing strong.

Struggling with business partnerships in your dental practice? Arun’s got you covered! We discuss how smart financial planning, clear roles, and leveraging everyone’s strengths can help keep that cash flowing nicely. Drawing from principles in “The E-Myth,” we chat about the habits of successful dentists and why structured systems make all the difference between thriving and just surviving.

And it’s not all about the business – we’ll get into personal finance too. Arun shares a story about an associate dentist facing tax issues and gives practical advice on how to stay financially accountable. He’ll also shed light on why tracking expenses with the right financial tools is essential, and how social media’s flashy portrayal of wealth isn’t all it seems. Don’t miss out – tune in for some brilliant insights and learn how a free initial consultation with Arun could help you nail your financial planning strategy!

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Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.

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