Have you ever felt that your payroll is eating up too much of your revenue? Well, you’re not alone. But how high is too high and what should it be? What Should Payroll Look Like? I’ll cut to the chase. For U.S. dental practices, your payroll percentage, including employer payroll taxes—should ideally not exceed 22.5% of revenue. Now—important note: This…
Last updated on November 17th, 2025 at 05:59 pm How many ways can you think of to market a dental practice? The average dentist could likely list at least 10 different ideas that might bring in new patients, improve treatment acceptance, or boost patient retention. But here’s the big question: Which of these strategies should you ACTUALLY utilize? The simple…
If you hire a new administrative staff member, what’s one of the first things you’d have them do? Answer the phones? If this was your response – you’re not alone. It’s what most dental practices do. And it could be costing you – a lot. Often thought of as an “entry level position,” reception in a dental practice is much…
Last updated on November 17th, 2025 at 02:56 pm When many dental practices implement new case acceptance techniques, they often focus solely on new patients. But here’s the kicker—over 60% of your monthly revenue should come from the patients who already know and trust you. At MGE, a common misconception occurs when we begin to train a new client on…
Last updated on November 17th, 2025 at 02:09 pm Profit. It’s something that every business owner chases, yet what it is and how to calculate it properly is poorly understood, especially in owner-operated businesses like a dental practice. To wit: If I were to ask you what your average monthly profit margin is, would you know it off the top…
Last updated on October 31st, 2025 at 04:08 pm We’ve got tons of content in our blog about how to effectively perform various positions in a dental practice—whether it’s the office manager, scheduling, the treatment coordinator, or finance. But what about the job of the practice owner? Is there more to being a business owner than just – you know…