A Big Mistake Some Dentists Make
Apr 09, 2022
I have the privilege of providing business coaching for dentists from all over the country. Over time, I’ve been able to identify some common misconceptions about running a dentistry practice that may seem intuitive, but in fact lead to counterproductive practices.
When you’re running a busy practice, time is your most valuable asset. But many dentists feel that in order to sustain and grow their business, they need to spend their time continually producing more and more dentistry while neglecting business management. Sometimes, dentists become so overwhelmed by the numbers that they simply abdicate the financial responsibilities to someone else. It may seem counterintuitive, but taking time to understand the core elements of your business is essential to sustainable growth.
Think about it. If you don’t have a grasp of what’s happening financially at the most basic levels of your practice, you won’t be able to make critical decisions that affect your growth and profitability. Information is power. When you understand the fundamentals of your practice and can see how all the moving pieces come together, you’ll be equipped to transform your practice through sustainable growth, all while protecting your profits.
Are you ready to get a better handle on your business management but you don’t know where to start? I’m here to help! I’m offering a free consultation over the phone to get you oriented and headed in the right direction. Head over to call.profitfirstdentist.com and schedule your call today!
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