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Cash is King: Creating a Debt Reduction Plan business efficiency business growth cash cash flow debt reduction dental office profits dental profitability Sep 09, 2024

After assessing your debt situation, it's time to develop a Debt Reduction Plan. To pay down your loans faster, you need additional cash flow (profit) in your business.

The Profit First model is...

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Good or Bad Debt? Reducing Bad Debt with Profit First business growth business management business of dentistry business operations debt reduction pay off debt Sep 02, 2024

Dentistry is an expensive profession. The cost of dental school and the investment required to open or purchase a practice often result in significant debt. Most dentists I work with are still...

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Identifying Good and Bad Debt with the Profit First System bad debt debt reduction good debt pay off debt tackling debt Apr 15, 2024

When you own a dental practice, it is quite common to accumulate debt. Whether you are starting from scratch or purchasing an existing dental practice, taking out a loan is often necessary. In...

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Debt and What to do About It! business of dentistry debt reduction profit first profit first for dentists Jan 15, 2023

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...

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Cash is King! (or Queen) debt reduction profit first profit first for dentists Nov 08, 2022

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...

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Reducing Debt...Especially Bad Debt bad debt debt reduction profit first profit first for dentists Sep 27, 2022

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...

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The Business of Owning a Practice – Debt business growth business leadership business management business training debt reduction financial management leadership money management profit first Feb 20, 2022

Welcome back to another edition of The Business of Owning a Practice. This week, we are talking all about debt. Check out my recent video here!

The topic of debt can be not only a scary one to dive...

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