Resources

Employee Theft? How Small Businesses Can Remain Secure
If you think your business is too small to be a target for embezzlement, think again. We wish it weren’t true, but your small business

Which Financial Numbers Should I Track in My Small Business?
At Maven, we look at a business’s “data” in the same way a doctor would look at a patient’s vital signs. Financial data gives us

4 Ways to Prepare Your Practice for Financial Success in 2022
In a few weeks, we’ll all be making resolutions for the new year and the new decade. In order for your practice to walk into 2020 with

Med Spa or MSO? Here’s How to Know What You Need
For most MedSpa owners or aspiring MedSpa owners, the primary reason for contemplating a Management Service Organization (MSO) is legal considerations. In most states, medical

How to Increase Small Business Profit Without Cutting Expenses
We meet with practice owners every day who ask us to review their expenses to help them increase profitability. Often, they’re looking for places in

What a Financial Assessment Reveals About Your Small Business
Let’s face it. You didn’t start your business because you dream about analyzing financial statements. You started it because you have a vision and, more

When to Hire an Associate Dentist
Bringing an associate dentist can be one of the biggest decisions a business owner can make, and it takes an adequate amount of thought, research,

Financial Strategy Basics for Med Spa Owners
This post was originally published in the AmSpa QP and on the AmSpa Now blog. “A smooth sea never made a skilled sailor.” – Franklin Delano Roosevelt

What’s the Difference Between a Med Spa and an MSO?
If you’re in the med spa industry, you’ve likely heard the acronym MSO. There are a few key differences between a medical spa and an

Creating a Clear Financial Plan
A great business usually starts with a great idea. However, it takes more than ideas to get a profitable business off the ground. A business

What’s the Revenue Potential of Your Med Spa?
Medspa Revenue Formula Medspa owners often call us asking how they can increase revenue in their practice. Should we raise fees? Maybe. Should we expand our hours? Potentially. Should slash our

Every Healthcare Practice Owner Should Ask These Questions
A practice management consultant is a vital resource in reaching your business goals. An outside consultant offers the fresh set of eyes your business needs