The Blog

6 THINGS TO CONSIDER WHEN HIRING 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, time, and energy to ensure you’re selecting…

PPP UPDATE: FORGIVENESS RULES AND CHANGES FROM THE PPP FLEXIBILITY ACT

This week our panelists discuss new information about the PPP loan forgiveness application, and new interim rules introduced in the PPP Flexibility Act. Panelists include: Alex Thiersch, JD, Founder and CEO, AmSpa Michael Byrd,…

PPP Updates & Good News!

Clients and Friends, After exciting news coming to PPP borrowers from passing the PPP Flexibility Act, the SBA has released additional guidance on a few unanswered questions in their most recent Interim…

PPP Forgiveness Update

Clients and Friends, Last night the Senate unanimously passed the PPP Flexibility Act making the terms of forgiveness more favorable to business owners – we are anticipating the President to quickly sign…

4 Things a Financial Assessment Can Tell You About Your 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 than likely, you love what you do!…

PPP LOAN FORGIVENESS APPLICATION AND OTHER UPDATES

The panel gives an overview of updates to the Paycheck Protection Program, including the release of the loan forgiveness application. Panel: Alex Thiersch, JD, CEO and Founder, AmSpa Michael Byrd, JD, Partner,…

PPP UPDATE: GUIDANCE ON FORGIVENESS RULES, IRS RULINGS AND MOVING TARGETS

PPP Loan – Now What?

Some of you may have received your Paycheck Protection Program Loan…so, now what?  Below we include strategy around using and tracking the funds. If you didn’t receive funds, we talk about other…

ADDITIONAL PPP AND COVID-19 UPDATES FOR APRIL 21, 2020

The CARES Stimulus bill and its PPP program is a fluid situation. This podcast will cover the new updates with the program since last week and will provide insight how to get…

Creating a Post-COVID19 Financial Strategy for Your Clinic

The CARES Stimulus and Med Spas, MSOS, and Independent Contractors

Recording of a Live Q&A About What You Need to Know With: Alex R. Thiersch, JD, Founder and CEO, AmSpa Patrick O’Brien, JD, Legal Coordinator, AmSpa Ben Hernandez, Partner, Skytale Group Jessica…

Podcast: Managing Cash Flow Amid the COVID-19 Crisis

Jessica Nunn, partner of Skytale Group, was on live with Alex to discuss some ideas for managing and preserving cash flow in this difficult time. 

Want more profit? Why your expenses (probably) aren’t your problem

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 the budget where they can cut back…

CARES Act Information & FAQs

Clients & Friends,  As you can imagine, there are lots of questions about the CARES Act, especially with regards to the Paycheck Protection Program provisions.  We have summarized our thoughts below. Summary…

COVID-19 Skytale Group Update

Clients and Friends, As you work to make business decisions in this rapidly changing environment, we would like to continue our commitment of providing you as much support and information as possible….

COVID-19 Information Guide

Dear Skytale Friends, We are all experiencing and living through an unforeseen pandemic in COVID-19. Our team is working diligently to support each other, and that includes our network, clients, and friends….

Should your Med Spa be a MSO?

For most Med Spa owners or aspiring Med Spa owners, the primary reason for contemplating a Management Service Organization (MSO) is legal considerations. In most states, medical procedures must be performed by…

4 Tasks to Prepare for Financial Success in the New Year

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 its best foot forward, there…

Compiling Data – Do you have too much or too little?

At Skytale, 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 clues about the health of a business….

From Strategy To Execution: 3 Phases of a DSO Road Map

There are many reasons our contacts are curious about the Dental Service Organization (DSO) space. Private equity backed dental groups are growing rapidly. It is estimated between 14-18% of dental practices are…

How Small Businesses Can Protect Themselves Against Employee Theft

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 with a handful of trusted employees actually…

3 Steps For Using a Budget to Meet Your Practice’s Financial Goals

When we say the word “budget” to our clients for the first time, we get one of two reactions. Either their eyes glaze over, bored at the mention of the word, or…