Identifying The Trends That Make Money In Dental Practices

Published: Aug. 25, 2016, 2:58 a.m.

I\u2019m excited to share with you my findings from an\xa0analysis of\xa0the financials of 25 separate dental practices.

The main purpose of this study was to see if I could find any commonalities between practices that were profitable and successful at what they were doing.

I highly recommend going through your practice\u2019s financial statements to understand better where you are generating revenue and where your expenses are going.

In this episode, I will be sharing with you a summary of my analysis of these 25 separate dental practices, the similarities that I found in the 2 groups and things that you might want to start paying attention to if you want to improve your cashflow.

Go here to receive a copy of the successful practice analysis that we discussed today. This tool is definitely helpful whether you are opening a new practice or have already owned one for years.

Here are a few things you\u2019ll discover\xa0in today\u2019s episode:

  • Why does some practices make over a million dollars while some struggle to break $500k.
  • The co-relations between expenses and revenue \u2013 where are successful dental practices spending their money?
  • Which areas should you pay attention to if you want to increase your revenue
  • What is the one thing that you can change to make the biggest difference in your revenue
  • How much should you be paying your associates?
  • How to make more money through analyzing revenue for your own dental practice

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Free Episode Bonus:

If you enjoyed today\u2019s show, don\u2019t forget to get your\xa0copy of the successful practice analysis that we discussed today.

This tool is definitely helpful whether you are opening a new practice or have already owned one for years.

Click here to access that now.

Quotes:

\u201cThe trends and revenue show me that once you pass the $2 million dollar mark, you have a better chance of being successful.\u201d \u2013 Jonathan VanHorn

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