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The Balance Between Technical and Business Training in Dentistry

business accounts business growth business training technical skills Apr 08, 2024
The Balance Between Technical and Business Training in Dentistry

It's a well-known fact within the dental community, that the majority of dental schools focus heavily on technical training. This focus is important, as it equips future dentists with the skills necessary to perform life-changing treatments and to help patients rediscover the joy of a healthy smile. However, this focus often comes at the expense of business training, leaving many dentists feeling unprepared for the responsibility of running a practice.

The technical skills gained from dental school are just the tip of the iceberg. Once you begin running a practice, the business side of things can seem like uncharted territory. The reality is, without a solid foundation, the financial aspects of a practice can become overwhelming, often leading to inefficiency and stress.

The gap between technical training and business training is where many dental practices stumble. Entrusting the entirety of your practice's business operations to bookkeepers and accountants is not sufficient. Remember, no one will ever be as invested in the success of your practice as you are. A hands-off approach to the business side can lead to reactive management—making decisions on the fly without a solid strategy.

Recognizing this critical gap, the "Profit First for Dentists" system was created to empower dentists with simple, yet effective, money management techniques. It's not just about keeping your practice afloat; it's about thriving, growing, and reaping the benefits of your hard work! 

I advocate for a balanced approach to continuing education—one that values business systems as much as technical training. This balance is key for sustainable growth.

Are you ready to dive deeper and take control of your practice finances? Visit www.profitfirstdentist.com and tap the 'Free Resources' tab to download the first two chapters of my book for FREE! It's time to empower yourself with the knowledge and systems you need for success!

Subscribe to my YouTube channel so you don’t miss our next discussion on tackling debt with the Profit First system—a vital step for any practice looking to secure its financial future.

-Barb Stackhouse, RDH, M.ED.

Mastery Profit First Professional

 

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