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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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Establishing a Rhythm in Your Dental Practice banking dental office profits dental practice ownership dental practice profitability dental profitability profit first for dentists Aug 26, 2024

When you think about your dental practice, you’ll likely notice a daily rhythm to your activities. Similarly, most of us have personal routines that we follow each day. These rhythms create...

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Start Small & Trim the Fat; Navigating the Transition to Profit First accounting tool banking business accounts dental office profits profit first for dentists Aug 19, 2024

Transitions take time. When you decide to switch to the Profit First system and start taking action, you’ll likely face some challenges. It’s a new approach, and new things can be...

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Enter Data in the Self Assessment Table (CAPs) dental office profits dental practice growth dental practice ownership finances financial management financial planning profitability Aug 05, 2024

Finalize Your Self-Assessment

Utilize this table to finalize your self-assessment!

In our previous blog post, we provided instructions on collecting the necessary data. Today, we are excited to...

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Why Does Sequence Matter? dental office profits dental practice growth dental practice profitability Jun 17, 2024

There is a reason why sequence matters when it comes to your practice finances. In fact, this is the second core principle of Profit First for Dentists.

The Primacy Effect

First, let's talk about...

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The First Principle in Profit First: Small Plates dental office profits dental practice profitability expenses Jun 10, 2024

There are five Core Principles of Profit First for dental practices, and the first is known as the 'Small Plates' principle.

Let's cover some background information to provide context. In the early...

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