188: Decoding Accounting & Financials for Scaling Success

In this episode, Emmet hosts Patrick Arnold, Manager, and Mark Rudolph, Shareholder, both from Elliot Davis, discussing accounting and finance for dental entrepreneurs on everything from benchmarking, partnerships, associate equity, compensation, margins, financial acumen, and more. They cover the accounting specialties of tax accounting, tax strategy, and managerial accounting, emphasizing the need for tailored accounting services. Mark and Patrick advise on essential capabilities for dental owners' finance/accounting teams, stressing forward-looking accounting, budgeting, and forecasting. They outline steps to align financial systems with practice growth, ensuring access to crucial data for successful scaling.   To Learn More Visit their Website: https://www.elliottdavis.com/   Or Connect with Patrick Arnold: [email protected] Mark Rudolph: [email protected]   This Podcast is Sponsored by Elliot Davis.