A local bank referred a dental practice to MWA that had grown frustrated with its previous accountant’s lack of communication and failure to provide additional guidance and strategy on how to expand its dental practices.
The client had been surprised in recent years by large, unexpected tax liabilities that resulted from its previous accountant’s lack of tax planning proactivity. The client also wanted to grow its three dental practices into a true DSO and didn’t feel confident that its former accountant could help it accomplish this goal.
The Right Solution
MWA has a tremendous amount of experience in starting, growing, and preparing DSOs for sale. Since we started working with this practice, we have succeeded in adding new practices to the client’s enterprise by implementing custom systems and processes that help the client understand the key metrics that drive its success, track the metrics on a monthly basis, and ultimately reach its maximum potential.
Above and Beyond Results
In addition to helping the client build a flourishing DSO enterprise, we have become a true member of its strategic and operational team. We have trained the client’s COO on methods for optimizing efficiency in every aspect of the business, helped develop its strategic differentiating model and implemented a long-term plan that will enable the owner to exit the business seamlessly in the future.