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Setting Target Allocation Percentages for Your Practice business accounts business growth dental profitability financial management profit first profit first for dentists Aug 12, 2024

Last week, I shared how to input your own statistics into the table, allowing you to evaluate your current allocation percentages. If you haven’t completed the assessment yet, you won’t...

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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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What Do I Need to Know to Implement Profit First in my Practice? dental practice growth financial management financial organization Jun 03, 2024

In the Profit First system, there are four core principles. In this blog, I'll give you a brief introduction to each, and over the next few weeks, I'll dive deeper into each one. 

The First...

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Where Does the Money Go? Understanding Expenses with Profit First dental practice ownership expenses financial management money management May 20, 2024

Do you find yourself in a situation where money seems to come in and go out of your dental practice at lightning speed? Bills never seem to stop, payroll sneaks up on you, and there's always a...

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Disclosing the Truth business growth business leadership business management business training cash flow financial management leadership money management production profit first profitability technical skills May 14, 2022

Hello, everyone!

When you want to tell a patient about the state of their oral health, what do you do? Most dentists use a disclosing tool to tell patients the truth about their oral health because...

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The Profit First Solution business growth business leadership business management business training cash flow cashflow financial management leadership money management production profit first profitability technical skills Apr 23, 2022

How would you answer the question, “Why isn’t my dental practice profitable enough?”

Many people would say the reason they aren’t profitable enough is that they aren’t...

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The Business of Owning a Practice – GAAP business growth business leadership business management business training cash flow financial management leadership money management production profit first profitability technical skills Apr 02, 2022

Hey everyone! Thank you for sticking around with me for the last video of this series!

Are you a small business and/or a dentist that is in need of keeping your profit? Are you struggling a bit...

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The Business of Owning a Practice - Expenses business growth business leadership business management business training cash flow financial management leadership money management production profit first profitability technical skills Mar 26, 2022

So many dentists that I talk with seem to be asking the same question: where is all the money going?

They’re working hard, getting new clients, and feel like things are going well, and yet, at...

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Business of Owning a Practice - Growth business growth business leadership business management business training financial management leadership money management production profit first profitability Mar 19, 2022

It’s a given that all dental practices will be consistently trying to increase their number of new patients. Most dentists I encounter would say that for a dental practice, growth can be...

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Business of Owning a Practice - Benefit Plans business growth business leadership business management business training cash flow financial management leadership money management production profit first profitability technical skills Mar 12, 2022

This week we are talking all about dealing with benefit plans in your dental practice. You can watch the video here!

There are many coaches and consultants out there who specifically work with...

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Business of Owning a Practice - Business Models business growth business leadership business management business training financial management leadership money management production profit first profitability technical skills Mar 06, 2022

This week we are talking about the production vs. profitability model of business, and why more production does not always equal more money in your own pocket.  Check out my latest video here....

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The Business of Owning a Practice – Do You Feel Stuck? business growth business leadership business management business training financial management leadership money management profit first retirement planning technical skills Feb 27, 2022

Over the past few weeks of my “Business of Owning a Practice” video series, I’ve discussed the merits of technical training versus business training and how dentists can manage...

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