The vast majority of all revenue flowing through any practice that is coming outside of insurance is coming from credit cards. Merchant processors are an essential part of your team and it is important you understand the multiple areas in which they can impact your business.
Read MoreA living trust speaks for you cannot and makes the transition of property seamless at your death. Without the need for courts, lawyers, judges, and fees.
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In case you missed the live video or just want to revisit the archives, here’s the October 6, 2022 Zoom with Zach, “NPDB Reporting Exceptions”
Read MoreThere is a lot of confusion about trusts, and it’s no wonder. We assign the same name (Trust) to legal entities and documents that serve entirely different purposes. Some are meant for estate and legacy planning, others are designed to lower taxes, and yet others are created to run a business through or for asset protection.
A revocable living trust is the most common type of trust and is the main component of any estate plan.
Read MoreAfter conducting asset protection training to a group of doctors at a local association meeting, one doctor approached us and asked, “Do I still need asset protection when I’m retired?”
We get this question all the time and we know what this doctor is really asking. She is asking, “Why do I need asset protection when the risk of lawsuits go away because I’m no longer actively practicing?”
OK…let’s talk about it…
Read MoreInsurance is both the joy and pain of the world of revenue for your practice. On one hand, insurance pays for services that a patient may not have otherwise been able to afford and therefore would NOT have come into your practice. On the other hand, billing for insurance is time-consuming, frustrating, and often leaves some elements unknown with regards to total amounts collected, and can be costly regardless of how you choose to handle it.
Read MoreDepending on the medical specialty, 61–71% of consumers choose to research providers before scheduling an appointment.
When it comes to your brand, a medical practice is like any other small business: you need positive customer reviews, and informative and trust-building website, and easy ways of contacting your staff to stay competitive and growing.
Read MoreYou may have a spotless driving record, but that doesn’t mean you don’t get car insurance. Just in case. You may be as healthy as can be, but that doesn’t mean you don’t get health insurance. Just in case. You don’t want your assets exposed in a lawsuit, so you hired the Fortune Law Firm…just in case!
Read MoreHow is it that setting up an LLC in Nevada can protect someone when the property the LLC owns is outside of Nevada? That is an important question. One that invokes no less than one of the protections in the United States Constitution.
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A Roth IRA has some huge advantages over a traditional IRA or 401k, and is, in our view, a much better investment vehicle. Here we compare the advantages and disadvantages of a Roth IRA with an Investment Grade Insurance Contract.
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Watch Zach Parry’s segment that aired on the Fox Business channel June 24, 2021!
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Tune in to see Zach Parry interviewed on national television about his book, Unshackled: How to Escape the Chains of Conventional Wisdom That Keep You Poor.
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