Transforming Employee Compensation into a Wealth-Building Tool
Dental practice employee compensation is one of the largest expense lines in any practice — but most owners treat it as a cost rather than a strategic lever. In this episode, Tim McNeely breaks down how to restructure compensation to build wealth for both the practice owner and the team.
What you'll hear:
- How to design dental practice employee compensation that reduces turnover and increases EBITDA
- The retirement plan structures that give owners the largest tax-advantaged contributions
- How compensation strategy affects your practice valuation at exit
- The specific plans high-income dental entrepreneurs use to accelerate personal wealth accumulation
If your compensation structure is costing you more than it's building, this episode shows you how to fix it.
Learn more and connect with Tim at timmcneely.com