Tooth and Coin Podcast

In today’s episode, we dive deep into a range of pressing topics that could shape the future of our economy. First, we unpack President Trump’s bold proposal to abolish the IRS and what that would mean for the tax system. Could this be the end of the agency that’s been a part of our financial landscape for over a century, or is it simply a political talking point? We’ll also take a close look at t...

In this episode, we dive into breakeven points—how to calculate them and use this information to ensure your practice stays profitable. Understanding your breakeven point is key to covering expenses and making sound financial decisions for your practice.   We also revisit cash management strategies, helping you maintain a healthy cash flow and avoid financial pitfalls. From preparing for major pur...

Join us to dive deep into the world of business financials, focusing on understanding your Profit and Loss (P&L) statement as a critical tool for interpreting what's happening in your dental practice. The P&L not only sheds light on the performance of your practice over a specific period but also provides insight into how your growth expenses are contributing to the bottom line and whether you're...

Financial statements—whether you love them or dread them—are the foundation of every successful dental practice. In this replay episode of The Tooth and Coin Podcast, we are breaking down the three essential financial statements that every practice owner needs to understand. We start with an introduction to financial statements, explaining why they matter and how they provide critical insights int...

In this episode, we dive deep into setting clear expectations between CPAs and clients. Too often, there are misconceptions about the roles and responsibilities of both parties when it comes to tax preparation and business finances. We’ll address these misunderstandings, explore how to set realistic expectations, and discuss how you and your CPA can work together efficiently.   I’ll walk you throu...

In this episode, we’re diving headfirst into one of the biggest decisions every dentist faces: should you buy or start a dental practice? I’m here to break down the pros and cons, uncover the misconceptions, and help you make an informed choice about your career. We’ll start by exploring location considerations—because let’s face it, where you set up shop can make or break your success. From under...

In this episode, we explore the intersection of business, growth, and personal development. We’re diving into the power of reflection. When you're looking to improve in life, reflection is a key practice for growth. I’ll share why it’s so important in business, drawing on my own experiences of how regularly stepping back to evaluate has helped me make smarter decisions and overcome obstacles. Refl...

Raising your fees as a dental professional? You need this episode. With rising overhead costs, inflation, and the need for fair compensation, increasing your fees can help ensure your practice remains financially sustainable. We’ll explore the key factors driving fee increases and discuss how to approach this decision in a way that aligns with your practice goals while maintaining high-quality car...

On this episode ,  I’m diving into a lineup of tax topics every dental practice owner—and really, any business owner—needs to know. Let’s start with the buzz around the Beneficial Ownership Information (BOI) report. What is it, why does it matter, and what’s going on with a Texas court ruling it unconstitutional? Spoiler alert: it’s currently in limbo, and we’re breaking down what that means for y...

Let’s face it—marketing strategies aren't one size fits all, and I’m here to explain why. From the get-go, I break down the unique needs of different practices and why a cookie-cutter approach to marketing just won’t cut it. Then, I dive into the math behind patient lifetime value. Yes, there’s real math behind how much a patient is worth to your practice over time, and understanding this number c...

This week we continue our conversation on the world of investing with Dr. Deren Flesher. Today we share valuable insights on evaluating investments in real estate, oil and gas, and opportunity zones while discussing strategies for maximizing tax benefits and minimizing risk.   In this conversation, we also explore the importance of understanding sales funnels, tax strategies, and the role of CPAs...

Dr. Deren Flesher is back, and together we dive deep into the world of alternative investments and what every savvy dental practice owner needs to know before stepping outside the realm of traditional assets. We kick things off by defining alternative investments and exploring why they’ve become such an intriguing option for those looking to diversify their portfolios. Dr. Deren shares his insight...

Join me as I sit down with Dr. Deren Flesher, an entrepreneur and dental professional whose journey is nothing short of inspiring. From crypto conversations to entrepreneurial highs and lows, Dr. Darren shares his candid insights on navigating business challenges and finding the right people to grow alongside you.   We get real about the lessons learned from failure and how to turn setbacks into v...

In this episode, I’m diving deep into the world of team management and sharing actionable strategies to elevate your leadership game as a dental practice owner. Leadership isn’t all sunshine and smooth sailing. I’m pulling back the curtain on the reality of what it takes to lead effectively. From crafting a compelling vision, mission, and core values that align your team to setting and communicati...

I’m diving into a game-changing topic for dental practice owners: understanding capacity in a way that elevates efficiency and profit. I’m breaking down the three essential modes of capacity—physical space, time, and people—and how each impacts your practice's ability to grow and serve more patients. Let’s start with the physical space component: the impact of the amount of space in your building....

We're pulling back the curtain on some of the most common financial oversimplifications that can hurt dental practices—ones that might surprise you! These seemingly small mistakes add up fast and can impact profitability and overall growth. We’ll also break down how to determine if it's the right time to bring on an assistant by analyzing your new patient flow, booking timeline, operatory capacity...

Throughout this episode, we'll discuss the crucial lessons learned from Timmy's experience in the financial multiverse, focusing on the importance of making informed decisions and understanding the long-term implications of your financial partnerships. We'll explore Timmy's initial relationship with his traditional CPA, a decision rooted in familiarity but fraught with challenges. As we enter "Uni...

If you’re a new practice owner, brace yourself for the potential tax shock that can come from unexpected expenses and obligations. Today I’ll break down tax estimates and projections to help you navigate the numbers more confidently. I’ll walk you through various scenarios that different practice owners face, from startups to acquired practices. I also highlight the unique tax implications that co...

Welcome back to The Tooth and Coin Podcast! I’m your host, Jonathan VanHorn, and I’m excited to reconnect with you. This podcast explores the ins and outs of owning a dentistry practice, providing insights to enhance both your practice and personal finances. I’ve taken some time away to focus on my practice for a while but I'm excited to jump back into content creation. I have reflected and refine...

Join the discussion on Facebook! - and connect with Dr. Buchman! Transcript Jonathan VanHorn: Welcome to the Tooth and Coin Podcast where we talk about your adventure of being a dental practice owner. In these episodes, we're going to be talking about problems that you will likely face as a practice owner as well as give an idea about actionable solutions that you can take so that you can get past...

Join the discussion on Facebook! Transcript Jonathan VanHorn: Welcome to the tooth and coin podcast, where we talk about your adventure of being a dental practice owner. In these episodes, we're going to be talking about problems that you will likely face as a practice owner, as well as give an idea about actionable solutions that you can take so that you can get past this problem in your practice...

Join the discussion on Facebook! Transcript Jonathan VanHorn: Welcome to the tooth and coin podcast, where we talk about your adventure of being a dental practice owner. In these episodes, we're going to be talking about problems that you will likely face as a practice owner, as well as give an idea about actionable solutions that you can take so that you can get past this problem in your practice...

Join the discussion on Facebook! Transcript Jonathan VanHorn: Hey everybody, Jonathan checking in here and just so you know, this is a two part episode. This is the second part of the episode. So if you've not listened to the first part yet, you want to go back and listen to it in the prior weeks. We should have it labeled on the episode title what part one is and part two is, so you should be abl...

Join the discussion on Facebook! Transcript Jonathan VanHorn: Welcome to the Tooth and Coin Podcast, where we talk about your adventure of being a dental practice owner. In these episodes, we're going to be talking about problems that you will likely face as a practice owner, as well as give an idea about actionable solutions that you can take so that you can get past this problem in your practice...

Join the discussion on Facebook! Transcript Jonathan VanHorn: Hey everybody, Jonathan checking in here. And just so you know, this is a two-part episode. This is the second part of the episode. So if you've not listened to the first part yet, you want to go back and listen to it in the prior ways. We should have it labeled on the episode title, what part one is and part two is. So you should be ab...