This is blog number four in the Business of Owning a Dental Practice series.  So far we’ve talked about Technical Training vs Business Training in the first blog and last week was all about Debt in a ...

This is the third blogpost in the Business of Owning a Dental Practice series.  Today’s topic is Debt.  Primarily I’m going to talk about Business Debt but you could apply the same principles to perso...

This is the second blogpost in the Business of Owning a Dental Practice series.  Today’s topic is to talk about Technical Training vs Business Training in a dental practice. 

I don’t want to sound cl...

I’m starting a new blog series about The Business of Owning a Dental Practice. 

Beginning next week and for 8 more weeks, I’ll post a new blog on a specific topic of business and how it relates to de...

I’m a Recovering Perfectionist!

However, perfectionism doesn’t really exist! Being hard on yourself because you’re not perfect is just wrong.  I am a person who strives to make things perfect and wha...

Once you have taken stock of the debt situation you are in, it’s time to make a plan for Debt Reduction.  In order to pay down your loans quicker, you must have additional cash flow (profit) in the bu...

Dentistry is an expensive profession.  It’s costly to go to dental school. Then to either open or purchase a practice is another significant investment.  It’s very likely that debt will be incurred in...

If you think about your dental practice, I’m sure you’ll find you have a daily rhythm to things.  Most of us would say we have personal daily rhythms as well.

We tend to rise and start our day very m...

Transitions always take time.  Once you decide to make the change to the Profit First system and take action, you’ll likely meet some challenges.  It’s all new. 

When things get wonky and difficult, ...

On last weeks blog I shared how to enter your own statistics into the table.  This allows you to evaluate your current allocation percentages. 

If you haven’t yet completed the assessment, you will n...

Use this Table to Complete the Self-Assessment

Last week’s blog post gave you the directions for gathering all the data (numbers) and now today I’m sharing with you what to do with those numbers t...

With Profit First for Dentists once you commit to the Self-Assessment and take the action to complete it, you are also opening yourself to the truth of your financial situation.  Are you ready? 

This...

Once all five of your Profit First bank accounts are set up, it’s time to figure out the allocation percentages so you can begin to transfer funds each week.  The actual transfer of funds from the inc...

If you’ve been following my blog posts, I’ve been writing about the core principles of Profit First for Dentists and now I’m shifting my focus to the Self Assessment and how to put all of this togethe...