Professional Service Cycle - Delivering More At Every Stage
Serving the Professionals Life Cycle
The professional journey is dynamic. Today’s decisions have a significant impact on your future. That’s why it’s important to have an advisor who really gets what’s on the line.
From start up to succession, we support professionals at every stage. We are continually designing programs and strategies that ensure you are always ahead of the curve.
Learn how we can help professionals, wherever you are in the life cycle.
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Contact Your Local Advisor
Get the help of an advisor who really understands what’s on the line.
Solutions for Your Business
By understanding your needs, we can help you determine what success looks like to you today, five years from now, twenty years from now and when you retire.
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Recent Graduates
As a recent graduate, you’re excited about starting your career and realizing your vision for the future. But you’re faced with a lot of decisions and trying to determine what the best approach is. We understand your situation and work with you to answer your most pressing questions such as: - Should I join a clinic as an associate? On what terms? - When and how do I buy in? - Should I start my own practice? How? When? - How do I finance a purchase or start-up? - How do I pay off student debts as quickly as possible?
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Growing Your Practice
At this stage, your practice has grown and you’re wondering if you are doing everything you can to achieve your full growth potential. You may want to take your practice to the next level, but may not know how to effectively manage this growth. A trusted business advisor can help advise you and answer important questions, including: - How do I establish reasonable benchmarks? - How do I compare to other practices? - How do I control costs and manage cash flow along with my other finances? - How do I grow the business? - How do I minimize taxes? - When and how do I attract associates to the practice? - What are my priorities for work / life balance?
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Mature Practice
As a well-established practice, you have managed your operation successfully for many years and it may be time to explore your next move. At this stage, you might have a number of questions, such as: - What are my retirement needs? Does the value of my practice meet those needs? - How do I maximize the value of my practice? - What is my succession plan? - When do I want to retire? What will that look like? - Will my family be looked after?
Insights
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Performance
November 28, 2024
How will the CRA’s significant GST/HST update impact your dental and orthodontic practice?
How will the recent GST/HST update impact your dental practice? Understand the new requirements for claiming ITCs and opportunities for GST/HST refund claims.
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Confidence
Transform your dental practice with key performance indicators
Key Performance Indicators (KPIs) are essential metrics that provide insights into the overall health and performance of your dental practice.
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Performance
November 14, 2024
Unlock hidden growth: How KPI’s can elevate your dental practice’s success
Learn how KPIs helped a dentist identify inefficiencies and boost profitability by focusing on key metrics like patient retention and administrative efficiency.
Contact our Professionals Team
Calvin Carpenter CPA, CA
Vice President, Professional Services
Calvin Carpenter, CPA, CA, is the Vice President of MNP’s Professional Services team. Working closely with medical and dental professionals, Calvin provides valuable advice to help clients reach their business and personal goals. Calvin’s experience in forecasting, tax planning and other key areas helps ensure his clients have a sound strategy for the future. He specializes in developing customized plans for clients interested in starting or purchasing their own practice.
Calvin also advises owner-managers on how to operate their businesses as efficiently and effectively as possible. Through performance management, industry benchmarking, tax planning and other essential tools, he helps his clients measure their business performance and enhance profitability. Calvin is dedicated to providing his clients with information that empowers them to make informed business decisions. He has given presentations to medical and dental groups on various key issue areas such as incorporation, Canadian tax updates, corporate investment strategies, GST, fraud and practice transition.
Calvin earned his Chartered Accountant (CA) designation from the Alberta Institute of Chartered Accountants in 1990. He completed a Bachelor of Management degree from the University of Lethbridge in 1986.