#745: “My CPA Told Me I Can’t Afford a Consultant”
Morgan Hammon returns to the show! In this episode, he shines a CPA perspective on what it could mean when practice owners are told they can’t hire a consultant. He talks about the difference between a CPA, financial advisor, consultant, and legal; what the most common diagnosis for low-profit margins is in a practice; his best advice for dentists on the lookout for a CPA; and the most important number doctors should know about their practice.
You’ll want to take notes for this episode — Morgan shares a lot of tangible tips!
About Morgan: Morgan is a graduate of the University of Arizona school of business. Following graduation, he was commissioned as an officer in the United States Navy and served for over ten years as a Naval Aviator flying carrier-based F/A-18 Hornets. During that time, he deployed to the Persian Gulf and flew combat missions over Iraq in support of Operation Southern Watch. He also served as a flight instructor and landing signal officer for newly winged Naval Aviators transitioning to the Hornet, training pilots in air-to-air combat and landing on aircraft carriers.
After leaving the Navy, Morgan obtained a master’s degree in accounting with a concentration in taxation from Metropolitan State University of Denver. He is a Certified Public Accountant (CPA) and is the co-founder and President of HDA Accounting Group leading a large staff of professional accountants delivering a variety of financial accounting and tax services. Morgan regularly conducts practice profitability advising for dentists, helping them analyze their financial data and identifying strategies for profit improvement.
Episode resources:
Learn more about HDA Accounting Group
Connect with Morgan: morgan@hdagroupdental.com
Listen to episode 704: What You Should Expect From Your CPA
Reach out to Kiera: hello@thedentalateam.com
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