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One Challenge to Implementing Profit First for Dentists profit first for dentists the profitable dental practice Nov 15, 2024

I am a Recovering Perfectionist!

The truth is perfectionism doesn’t really exist!  It's not possible.

Being hard on yourself because you’re not perfect is just wrong. 

I am a...

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Establishing a Rhythm in Your Dental Practice the profitable dental practice 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 the profitable dental practice 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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Setting Target Allocation Percentages for Your Practice the profitable dental practice 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) the profitable dental practice 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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Kickstarting Financial Success with a Profit Account the profitable dental practice Jul 15, 2024

When I work with my students, I always start by having them set up one extra account called Profit. This simple step can make a huge difference. Profit First is a behavioral system that leverages...

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How Can I Create Consistent Cash Flow in My Practice? the profitable dental practice Jul 01, 2024

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...

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Why Does Sequence Matter? the profitable dental practice 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 the profitable dental practice 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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GAAP and the Profit First Equation dental practice business management the profitable dental practice May 27, 2024

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...

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Boost the Value of Your Practice the profitable dental practice Mar 25, 2024

Dreaming about paying off your debts and selling your practice? Paying off debt not only removes a huge weight off of your shoulders as a dental practice owner, but it also sets you up for a...

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Principle Number 3: Remove Temptation! the profitable dental practice Apr 19, 2023

Principle number 3 of the Profit First for Dentists system is to remove temptation.

Once an entrepreneur begins to fund the Profit Account and the Tax Account, money will begin to accumulate. ...

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GAAP and the Profit First Equation the profitable dental practice Feb 26, 2023

Here we are at the last blogpost in this series, The Business of Owning a Dental Practice.  I can’t believe it’s been nine weeks now.  Thanks for hanging with me and...

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Your Patients Need You to Be Profitable the profitable dental practice May 28, 2022

Hey there!

Today I’m going to share something very important for you, your business, and your patients. Your patients need you to be profitable. To be profitable means to be successful,...

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