
Dr. George Hariri discusses why relying solely on a CPA can hinder growth in dental practice ownership and offers strategies for success.
Are you stuck in the "defensive" trap of dental practice ownership? In this episode of Ask George, Dr. George Hariri breaks down a controversial reality: your CPA should not be your most trusted advisor if your goal is growth. While dental CPAs are essential for tax compliance and embezzlement prevention, their inherent bias toward historical data often creates a "growth ceiling" for ambitious owners. This episode serves as a survival guide for the transition from clinician to CEO, helping you identify when to listen to the brakes and when to hit the gas. We dive deep into the world of dental practice management to explain why traditional accounting metrics like staff cost percentages can be misleading. George shares his personal "Dental Moneyball" story of growing a practice from $90k to $150k and how listening to a defensive advisor during a dip could have stifled his long-term success. You will learn about the "deposit ratio"—a critical tool for spotting embezzlement—and why your CPA is the gold standard for historical accuracy but a poor guide for future projections. If you are currently navigating dental practice ownership, you need to understand the difference between…
Host: Dr. George Hariri
Organizations: Shared Practices Network, CPA
Explore listener stats, chart rankings, contacts and more on the Shared Practices | Your Dental Roadmap through Practice Ownership podcast page.