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Once you’ve set up your five Profit First bank accounts, the next step is figuring out the allocation percentages so you can start transferring funds each week. This is where you'll see the...
Being self-employed comes with its own set of highs and lows. There are days when the workload feels endless, and you might question whether the freedom you sought in starting your own business is...
This is the fifth and final segment in our series on the Core Principles of the Profit First for Dentists method. Let’s focus on the last principle: Enforce a Rhythm.
Dentists often find...
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...
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...
Dentists work hard, their dedication is remarkable and they deserve fair compensation, which, unfortunately, isn't always the reality.
Let’s understand how fair compensation can be achieved...
Many dentists I talk with think that the key to growing their practice is simply increasing how much they produce. They often have a yearly target, which is great for setting goals, but from what...
As a skilled dentist and business owner, you should be rewarded for all the risks you’ve taken, the hard work, and the time you've put into your practice. That's why profit is so important. ...
I’m grateful for you today as you are here reading this seventh of nine blog posts in my series, The Business of Owning a Dental Practice. I’ve been sharing a new blog post each...
