Townie® Poll

Finance

Poll conducted from 8/6/2020 To 9/19/2020

Do you rent or own your office space?
233 total votes
50%
Own
50%
Rent
Have you ever hired a consultant to assist with your practice finances?
150 total votes
26%
Yes, and it was beneficial
11%
Yes, but it was not worth it
25%
No, but I am open to the idea
37%
No, and I never will
When was the last time you increased fees?
150 total votes
51%
This year
31%
2018–2019
11%
2016–2017
7%
Before 2016
Do you have a dedicated office manager?
151 total votes
49%
Yes
51%
No
How frequently do you review overhead?
152 total votes
11%
Weekly
38%
Monthly
26%
Quarterly
26%
Annually
What is your method when increasing fees?
148 total votes
40%
Examine fees one by one
39%
Across the board
22%
Purchase fee data and implement it
Do you offer a retirement plan for your employees (Simple IRA/401k)?
152 total votes
59%
Yes
41%
No
Who or what do you turn to for most financial advice regarding your practice?
151 total votes
13%
Colleague/peer
35%
Financial adviser
28%
Articles, books or other research
6%
Continuing education
18%
Other
Do you offer bonus or incentives for employees?
151 total votes
50%
Yes
50%
No
Do you provide health insurance for employees?
152 total votes
12%
Yes, we play 100 percent of the premium
39%
Yes, we pay a portion of the premium
49%
No
Sponsors
Townie Perks
Sally Gross, Member Services Specialist
Phone: +1-480-445-9710
Email: sally@farranmedia.com
©2020 Dentaltown, L.L.C., a division of Farran Media, L.L.C. • All Rights Reserved
9633 S. 48th Street Suite 200 • Phoenix, AZ 85044 • Phone:+1-480-598-0001 • Fax:+1-480-598-3450