Niche Dental posts this 'mini-financial CE course' for dentists and website visitors...

• Article First Published on Aftco.net
• And also on NorhernDentalAlliance.com 

There were three dental specialists working together in a group practice in the Northeastern section of the U.S. The practice was well run and extremely profitable (providing approximately $900,000 of annual income to each of its stockholders).

Their accountant had formed their corporation and allowed it to remain a “C” corporation rather than taking the time to file for a Sub “S” election (which would have eliminated any possible double-taxation and/or unnecessary payment of taxes that can result from operating as a “C” corporation).

The Northern Dental Alliance is sponsoring the Minneapolis Society's Summer Golf Event at the Golden Valley, Minnesota Golf Club.

We hope to see many dentists and dental professionals at the tourney.

> The EFA Investment Approach

There is a science of investing. The body of knowledge for this science is often grouped under the heading Modern Portfolio Theory or MPT and it all began in 1959 with the publication of Harry Markowitz's classic book "Portfolio Selection."

Markowitz would go on to win the Nobel Prize in Economics for his groundbreaking insights. This work was expanded upon by Stanford's William Sharpe (another Nobel winner), Eugene Fama, Merton Miller, and many others.

While markets are complex adaptive systems too chaotic to allow for perfect prediction or control, we have learned much about how to control risk and capture returns. There is a science of investing, which I employ to guide the investment strategy of my dentist clients.

Dentists and other business owners are invited to a BABO (Bring a Business Owner) Event on Friday, March 19, 2010 (more details below).

The financial talk and business forum are sponsored by Rick Epple, CFP®, of Epple Financial Advisors, LLC (NDA member) and Margaret A. T. Cronin of Grandchamp, Guyette & Cronin, PLLC. 

Sooner or later, you, like every dental practice owner, will need to transfer ownership of your business. Selling the your dental office is the final part or your role in building it. For most business owners, this is an emotional event. It is also a complex process involving financial auditing, confidentiality issues, title transfers, price negotiations, all while continuing to run your dental office.

Heritage Construction Companies, LLC

Heritage recently joined the Northern Dental Alliance , a Minnesota based organization of independent consultants who assist dentists in multiple business development, office services, clinical, and personal financial security areas.

Each year Heritage Construction of Elk River builds many dental practices and other healthcare related offices throughout the Minnesota and the region.

Our three newest members are Promoted in the January/February Issue of Northwest Dentistry Journal via our full page Northern Dental Alliance advertisement. Included in this story is the color version the black and white that will start running in February 2010.

Review all the content and see the entire ad in the next section/paragraph.

Watch for Northern Dental Alliance in your mailbox. Then call and start building success through new ideas. 

NORTHERN DENTAL ALLIANCE

- What you don't know can help your dental practice succeed!

• Redefining the way dentists do business

Visit us at www.northerndentalalliance.com