Financial strategies for dental professionals
Grow your dentistry.
If you own a dental business, you likely want to devote your time to providing your customers with quality services—not the time-consuming efforts of keeping up with business operations or financial decisions.
Receive guidance through the dental business process.
Our financial advisors at Greater Midwest Financial Group are highly experienced in the dental industry.
We’ll help you stay on track by providing you with valuable financial advice for your dental business, so you’re positioned for growth and success. We’ll help manage your finances, keep watch over the viability and structure of your business, and coordinate your personal and business planning, so you can keep the focus on your customers.
Dental professional services
- Coordinate Business & Personal Planning: How can I keep my financial life organize when if I am not working, I am not making money. Is there someone that would put my interest first and be experienced enough to help me maximize the professional and personal resources? We understand taxes, retirement plans, employee benefits, wealth management and business planning as it relates to both our personal and business life.
- Wealth Accumulation & Preservation: As a Dental Professional I know that if I am working on a patient I am making money. But how do I make sure the money I make is working for me? What kind of retirement plan should I have? Where else can I direct excess cash flow? How do I minimize my taxes? GMFG has been working with dental professionals for 35 years helping them maximize their resources so they can accumulate the wealth they need for retirement. We work hard to preserve and grow your assets so you better meet your retirement and other asset purchase goals.
- Benefit Plan Consulting including Key Person Retentions Strategies: I am having a good year but what if one of my key employees quits? I am not a human resource manager, but some days it sure feels like it. At GMFG we help our dental professionals put in place the benefit package they need to attract and retain quality employees. We can provide with “time” by helping you implement and monitor this benefit package so you don’t have to.
- Retirement Plan Consulting: I heard one of my colleagues from dental school closed his retirement plan because it was so confusing. I don’t think I want to run into that same problem. I wish I had someone I could trust that knew my business and what is best for me. At GMFG we don’t take your trust and confidence for granted we earn it every day. We work hard each year to determine how you should maximize the retirement plan you have while looking ahead to determine if any changes are needed. As fiduciaries of your retirement plan, we take our job seriously.
- Business Succession Strategies: I can’t believe that the young people really don’t want to be business owners. How am I going to sell my business? What can I do now to better position my company so it attracts the few young professionals who are interested in buying a practice? This is very overwhelming to tackle on your own no matter how many seminars you go to. But who do I work with? I get approached by tons of “consultants”. Again, at GMFG we have been working on helping dental professionals maximize the value of their practice for decades.
- Tax Planning: Coordinate your personal and business tax planning needs.