New Jersey’s Dental Practice Consultants
We help new and established dental practices achieve sustainability and growth.
As a dentist, you understand the value of specialists in helping your patients optimize their oral health. If you’re thinking of starting a dental practice, your first step should be to build a support team of dental industry specialists that can help you make crucial decisions that will optimize the health of your practice. If you own an established practice, you understand the value of investing in yourself by hiring support professionals with substantial dental industry experience and a history of success in helping dentists reach their goals.
A Certified Public Accountant who works with dentists every day is an essential component of a successful dental practice. LLI Advisory Group specializes in supporting dentists in reaching their financial goals throughout the practice lifecycle, beginning with dental practice startup and navigation. Our experienced team of dental accountants is trusted by new and established dental practices in New Jersey, New York City, and throughout the United States to provide top-notch dental practice consulting and accounting services.
Start your dental practice right with our startup services.
From financing and loan assistance, entity selection assistance, and accounting systems setup to insurance analysis, compensation model development, employee benefit and personnel review, and more, the expert dental accountants from LLI will give your startup dental practice the foundation it needs to succeed.
How to Start and Grow a Successful Dental Practice
For over 15 years, LLI Advisory Group has been helping new and existing dental practices succeed. Starting and growing a dental practice is complicated, and without proper accounting and financial management, your dental practice will struggle to be profitable regardless of how well-marketed or ideally located it is. Our skilled and experienced dental CPAs have developed the experience and skill set to help you avoid the common pitfalls of managing a dental practice and make the complex process of setting up a dental practice easier for you. LLI offers the following practice management services to help your new dental practice get off to its best start and continue to grow throughout the years:
Why Do Dentists Trust LLI Advisory Group for Practice Startup & Advisory Services?
Questions Dental Practice Owners Ask Us
Dentists come to LLI with a wide range of questions that go far beyond basic tax filing. Below are some of the most common ones the team fields from practice owners across New Jersey and the surrounding region.
The decision to sell to a dental support organization is rarely just a financial one. LLI walks through the deal terms, the timing relative to your career stage, and what independence is worth to you personally before any recommendation is made. In some cases, a deal may look financially attractive but not make sense given where a dentist is in their life. LLI helps you weigh the full picture before committing to anything.
The way you organize your practice as a business carries both legal and tax consequences. LLI helps you evaluate your options based on your practice structure, state regulations, and long-term financial goals so you choose the entity type that works in your favor from day one rather than having to restructure later.
Every expense category in a dental practice has a range that reflects healthy performance relative to your revenue. LLI uses real industry benchmark data to evaluate your cost structure and flag areas where your practice may be over- or underspending compared to your peers. Knowing where you stand against those benchmarks is one of the fastest ways to identify where profitability can improve.
A practice acquisition is one of the largest financial decisions of a dental career. LLI reviews the financial history of any practice under consideration, analyzes its revenue streams, builds a cash flow projection, and assesses the personnel situation so you go into any purchase with a clear and accurate picture of what you are actually buying.
Whether a SEP-IRA, solo 401(k), or defined benefit plan makes the most sense depends on your income level, practice structure, and timeline. LLI helps you design a retirement savings approach that maximizes what you keep each year and builds toward a financially secure transition out of practice ownership when the time comes.
LLI’s ability to answer these questions with confidence comes from decades of daily immersion in dental practice financials across hundreds of client relationships.
Exceeding the Expectations of Dentists
Dentists Love Our Accounting Advisory Services
Our clients know that they can depend on us in their day-to-day operations. Satisfied clients drive our firm, which is a testament to our unparalleled service and attention to detail.
Start Achieving Sustainability & Growth and Unlock the Potential of Your Practice
Let’s Talk!
Whether you own a dental practice or are just getting started in the field, it’s never too late to start making the critical decisions for your practice that pave the way to reaching your financial goals.
Leverage our Dental CPAs’ experience in dental practice financials, dental office operations, and industry benchmarks by putting our team’s decades of dental accounting advisory experience to work for you! Call or email us today to schedule a consultation with Jerry or Dom to discuss how LLI Advisory Group can help your practice thrive.