Making Sense of Dental Practice Finance

The training and culture of dental practice is based on clinical treatment and patient care. However in order to run their practices efficiently dentists and their staff must have business acumen and knowledge for which most are unprepared. This clear and authoritative guide presents the facts of practice finance explains how practice income can be maximised through its various sources and identifies the pitfalls and opportunities for further development. The 'New Contract' and reforms to the NHS system emphasize the need for the dental profession to respond effectively to the changed environment and this concise and comprehensive reference has been designed to meet this need.

1. The Dental Profession 2. Vocational Trainees, Assistants and Associates 3. Setting up in Practice 4. Employing Staff 5. Stock Control 6. Equipment: Lease or Purchase? 7. Banking 8. Insurance 9. Book-keeping 10. Cash Flow Statements and Budgets 11. Computers in Dentistry 12. Sole Practitioners and Partnerships 13. Understanding Accounts 14. Personal Taxation 15. Business Taxation 16. Capital Allowance 17. Motor Cars 18. Capital Gains Tax 19. Inheritance Tax 20. Dental Health Schemes 21. National Insurance Contributions 22. Superannuation and Pensions 23. Value-Added Tax (VAT) 24. Laboratories 25. The Accountant, the Solicitor and Collecting Debts 26. Inland Revenue Investigations 27. Insolvency 28. Statistical Data