About Us
Our Mission
Foresight CPA Group is committed to empowering dentists to unlock their financial potential as dental providers. Through innovative consulting, comprehensive accounting, and expert tax services, we meticulously craft a clear financial landscape, serving as a catalyst for their success.
Our Plan
Every dentist and their practice are unique. The initial step involves gaining a comprehensive understanding of the dentist, their practice, and, most crucially, their goals. Subsequently, we meticulously analyze the current dynamics of their accounting, payroll, and tax planning. Following this assessment, we engage in a collaborative session with the dentist to craft a production forecast, unveiling the full scope of their maximum potential.
How we are different
Traditional CPAs and accountants have typically been viewed as cost centers, representing an expenditure for dentists without actively contributing to production. However, Foresight CPA Group, despite its roles as a tax advisor, payroll provider, and financial statement preparer, sets itself apart. We strive to be more than just a service provider; we aspire to be a valuable asset in the production center. Our goal is to empower dentists to drive production by providing a clear roadmap for business growth. This involves establishing and assigning goals, measuring progress, and assisting dentists in recognizing and rewarding their achievements.
Services
Dental Accounting
Dental accounting refers to the specialized accounting practices and financial management tailored specifically for dental professionals, such as dentists, dental practices, and oral health care providers. This area of accounting takes into consideration the unique aspects of the dental industry, including the business structure of dental practices, revenue streams, expenses, and compliance with industry-specific regulations.
Dental intelligence
In tandem with our dental accounting consulting services, Foresight CPA Group seamlessly integrates our proprietary software to administer data-driven decision-making, delivering precision and efficiency in dental care. Our commitment extends to elevating diverse facets of dental practice, encompassing both management and patient care, ensuring a comprehensive enhancement of overall operations. This holistic approach reflects our dedication to providing insightful solutions that optimize the financial and operational aspects of dental practices.
Financial Planning
Collaborating with Atlas Investment Management, a valued partner at Foresight CPA Group, Ron Hada, CPA, CFP®, delivers personalized planning and expert investment management, meticulously tailored to individual risk tolerance, time horizon, and financial goals. In conjunction with our existing tax planning services, here is an overview of the comprehensive financial planning services we provide:
- Wealth Management
- Investment Planning & Management
- Retirement Planning
- Dental Practice Transition Planning
Clean up your practice and financial data and then determine the value of your Dental Practice for sale to a DSO
When we want to figure out how much a dental practice is worth, we look at something called "Adjusted EBITDA." Think of it as checking how healthy the practice is financially. To do this, our team collects all the financial and operational information about the practice. We then carefully check and organize this information to make sure it's accurate. After that, we calculate the Adjusted EBITDA, which is like a score that tells us how well the practice is doing financially. Once we have all this data and analysis, we're ready to show it to others for review. This helps everyone understand how valuable the dental practice is.
Our Developement Partnerships
Schedule a free consutlation
We eagerly anticipate the opportunity to acquaint ourselves with you and gather valuable insights into your personal and practice's financial goals. Schedule a consultation. We look foward to meeting with you.
ScheduleContact Us
Address
Utah Office
10897 Riverfront Parkway, Suite 125
South Jordan, UT 84095
California Office
20 Executive Park, Suite 100
Irvine, CA 92614
