Liquidity includes savings, stocks, bonds, mutual funds and any money you can take out of an account without penalty. Retirement accounts, like 401(k)s, IRAs, Roth IRAs, and home equity are not included in liquidity considerations. Liquidity is important because it allows you to have a safety net if your practice doesn’t perform well right away …
What Is Liquidity & Why Is It Important For Practice Ownership? Read More »
Dr. Jamine Ifedi, DDS, MBA, opened his Charlotte-based dental practice, Empire Dental Group, with the help of Panacea Financial. What led him to practice ownership is a lesson in finding passion and purpose in the community around you. Read his story here. Finding passion Dr. Ifedi earned a bachelor’s degree in healthcare administration from East …
Bringing Passion & Purpose to Practice – Customer Spotlight Read More »
When you place your money in your bank account, you more than likely assume it will be safe, but what happens when a bank fails? Bank failures aren’t common, but recently, a few banks have been closed by regulators, including Silicon Valley Bank (SVB). Account holders are wanting to keep their funds safe. Taking appropriate …
If you are a veterinarian considering buying an existing practice, expanding your current practice, or starting up a new practice, you may need financing to help you achieve your goals. Understanding the intricacies of financing options can be difficult, but we have some helpful information to make your financing journey a little easier. Veterinary practices …
A Guide To Understanding Veterinary Practice Loans Read More »
Inflation is now at 7.1%, lower than the peak of 9.1% in June, but still higher than any point since the 1980s. Americans have been feeling the effects of this with more costly groceries, gas, rent and more. The Federal Reserve is aggressively raising rates in an attempt to slow spending, cool the economy and …
What The Fed Rate Hike Means For Loans, Credit Cards & Savings Read More »
As a dental practice owner, deciding to incorporate new technology and equipment is a step toward improving efficiency and quality of care for your patients. Before you take that step to invest in new technology, here are four things to consider so you can be prepared and knowledgeable about your purchase. Take a deeper look …
What You Need To Know Before Buying New Dental Equipment & Technology Read More »
Periodontists face financial challenges from school to practice, but having an understanding of personal finances and ways to improve or invest in yourself can make all the difference. In this article, we share how these financial challenges may affect you as a periodontist, what you can expect in a salary, and what you should know …
Personal Finance 101 For Periodontists: Salary, Practice Ownership & More Read More »
Contract lawyers can be helpful if you are becoming an employee or partner of a large group or system. They can also help if you are a practice owner where complex legal agreements are common. These experts can help you review and negotiate the complexities of an employment contract when you are considering a new …
Choosing a practice lender and banking partner for your acquisition, startup or any other practice-related transaction is a very important decision. More than just rate, the relationship you are creating with your lending bank, the support and services they provide, and how their structure allows you to focus on what you do best — patient …
Finding A Practice Lender & Bank: Choosing Wisely Today For Your Practice Tomorrow Read More »
Key takeaways: Credit card consolidation takes multiple credit card balances and rolls them into one monthly payment. Doctors can often build up credit card debt in school and residency, which can quickly become toxic when not paid off. Personal loans are one option for consolidating credit card debt. Americans have over $840 million in credit …
What You Need To Know About Credit Card Consolidation For Doctors Read More »
You are leaving Panacea Financial, and being directed to a third-party site that is not maintained, owned or operated by Panacea Financial.
Panacea Financial does not control and is not responsible for the site content or the privacy or security practices of third parties.
Please select "Continue" below!
You are leaving Panacea Financial, and being directed to a third-party site that is not maintained, owned or operated by Panacea Financial.
Panacea Financial does not control and is not responsible for the site content or the privacy or security practices of third parties.
Please select "Continue" below!
You are leaving Panacea Financial, and being directed to a third-party site that is not maintained, owned or operated by Panacea Financial.
Panacea Financial does not control and is not responsible for the site content or the privacy or security practices of third parties.
Please select "Continue" below!
You are leaving Panacea Financial, and being directed to a third-party site that is not maintained, owned or operated by Panacea Financial.
Panacea Financial does not control and is not responsible for the site content or the privacy or security practices of third parties.
Please select "Continue" below!
You are leaving Panacea Financial, and being directed to a third-party site that is not maintained, owned or operated by Panacea Financial.
Panacea Financial does not control and is not responsible for the site content or the privacy or security practices of third parties.
Please select "Continue" below!
